Alexandra Seros Sells 427,991 Shares of Entravision Communications (NYSE:EVC) Stock

by · The Cerbat Gem

Entravision Communications Corporation (NYSE:EVC – Get Free Report) major shareholder Alexandra Seros sold 427,991 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $9.17, for a total transaction of $3,924,677.47. Following the completion of the sale, the insider owned 6,823,139 shares in the company, valued at $62,568,184.63. The trade was a 5.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Alexandra Seros also recently made the following trade(s):

  • On Wednesday, May 20th, Alexandra Seros sold 378,050 shares of Entravision Communications stock. The stock was sold at an average price of $7.84, for a total transaction of $2,963,912.00.
  • On Tuesday, May 19th, Alexandra Seros sold 278,163 shares of Entravision Communications stock. The stock was sold at an average price of $7.80, for a total transaction of $2,169,671.40.
  • On Monday, May 18th, Alexandra Seros sold 468,583 shares of Entravision Communications stock. The stock was sold at an average price of $7.99, for a total transaction of $3,743,978.17.
  • On Friday, May 15th, Alexandra Seros sold 259,848 shares of Entravision Communications stock. The stock was sold at an average price of $8.05, for a total transaction of $2,091,776.40.
  • On Thursday, May 14th, Alexandra Seros sold 338,976 shares of Entravision Communications stock. The stock was sold at an average price of $9.03, for a total transaction of $3,060,953.28.
  • On Wednesday, May 13th, Alexandra Seros sold 685,111 shares of Entravision Communications stock. The stock was sold at an average price of $8.71, for a total transaction of $5,967,316.81.
  • On Tuesday, May 12th, Alexandra Seros sold 160,282 shares of Entravision Communications stock. The stock was sold at an average price of $8.33, for a total transaction of $1,335,149.06.
  • On Monday, May 11th, Alexandra Seros sold 323,939 shares of Entravision Communications stock. The stock was sold at an average price of $8.03, for a total transaction of $2,601,230.17.
  • On Friday, May 8th, Alexandra Seros sold 498,913 shares of Entravision Communications stock. The stock was sold at an average price of $6.73, for a total transaction of $3,357,684.49.
  • On Thursday, May 7th, Alexandra Seros sold 677,148 shares of Entravision Communications stock. The stock was sold at an average price of $6.97, for a total transaction of $4,719,721.56.

Entravision Communications Trading Up 16.2%

Shares of Entravision Communications stock traded up $1.33 during trading on Thursday, hitting $9.54. The stock had a trading volume of 4,825,621 shares, compared to its average volume of 4,815,439. The stock has a 50 day simple moving average of $4.45 and a 200 day simple moving average of $3.50. The company has a market capitalization of $877.11 million, a PE ratio of -43.35 and a beta of 1.36. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 2.19. Entravision Communications Corporation has a 1 year low of $1.85 and a 1 year high of $9.61.

Entravision Communications (NYSE:EVC – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.03. The business had revenue of $196.97 million for the quarter, compared to the consensus estimate of $121.49 million. Entravision Communications had a negative net margin of 3.41% and a negative return on equity of 25.31%.

Entravision Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.20 dividend on an annualized basis and a yield of 2.1%. Entravision Communications’s payout ratio is presently -90.91%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Entravision Communications from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Get Our Latest Report on Entravision Communications

Institutional Trading of Entravision Communications

Institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new stake in Entravision Communications in the third quarter valued at approximately $27,000. AQR Capital Management LLC acquired a new stake in Entravision Communications in the first quarter valued at approximately $28,000. BNP Paribas Financial Markets lifted its stake in Entravision Communications by 86.4% in the third quarter. BNP Paribas Financial Markets now owns 12,298 shares of the company’s stock valued at $29,000 after acquiring an additional 5,702 shares during the last quarter. IMC Chicago LLC acquired a new stake in Entravision Communications in the first quarter valued at approximately $30,000. Finally, StoneX Group Inc. acquired a new stake in Entravision Communications in the fourth quarter valued at approximately $35,000. 69.46% of the stock is currently owned by institutional investors and hedge funds.

Entravision Communications Company Profile

(Get Free Report)

Entravision Communications Corporation (NYSE: EVC) is a diversified Spanish-language media and advertising company headquartered in Santa Monica, California. The company develops and distributes multimedia content tailored to Hispanic audiences across the United States, leveraging a combination of traditional broadcasting and digital platforms to reach consumers and marketers seeking to engage this fast-growing demographic.

In its broadcasting segment, Entravision owns and operates more than 50 television stations affiliated primarily with leading Spanish-language networks, as well as over 40 radio stations in key U.S.

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