E.W. Scripps Company (The) (NASDAQ:SSP - Get Free Report) major shareholder Elizabeth Scripps bought 3,077 shares of the firm's stock in a transaction dated Friday, March 6th. The stock was purchased at an average price of $4.64 per share, with a total value of $14,277.28. Following the transaction, the insider owned 13,421 shares in the company, valued at approximately $62,273.44. This represents a 29.75% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
Elizabeth Scripps also recently made the following trade(s):
- On Thursday, March 5th, Elizabeth Scripps purchased 2,324 shares of E.W. Scripps stock. The shares were purchased at an average cost of $4.43 per share, for a total transaction of $10,295.32.
- On Wednesday, March 4th, Elizabeth Scripps acquired 2,099 shares of E.W. Scripps stock. The shares were purchased at an average price of $4.17 per share, for a total transaction of $8,752.83.
E.W. Scripps Stock Performance
E.W. Scripps stock opened at $4.40 on Wednesday. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.65 and a quick ratio of 1.65. E.W. Scripps Company has a 12 month low of $1.36 and a 12 month high of $4.98. The company has a fifty day moving average price of $3.70 and a two-hundred day moving average price of $3.40. The company has a market cap of $390.72 million, a PE ratio of -2.35 and a beta of 0.54.
E.W. Scripps (NASDAQ:SSP - Get Free Report) last issued its earnings results on Wednesday, February 25th. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by ($0.52). E.W. Scripps had a negative return on equity of 0.27% and a negative net margin of 4.69%.The business had revenue of $560.26 million for the quarter, compared to analyst estimates of $550.82 million. Research analysts expect that E.W. Scripps Company will post 1.07 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of brokerages have commented on SSP. Weiss Ratings restated a "sell (d+)" rating on shares of E.W. Scripps in a research note on Monday, December 22nd. Guggenheim reiterated a "neutral" rating on shares of E.W. Scripps in a research report on Friday. Zacks Research downgraded E.W. Scripps from a "hold" rating to a "strong sell" rating in a report on Friday, February 27th. Benchmark upped their price objective on E.W. Scripps from $8.00 to $10.00 and gave the stock a "buy" rating in a research note on Friday, February 27th. Finally, Wells Fargo & Company increased their target price on E.W. Scripps from $3.00 to $3.90 and gave the stock an "equal weight" rating in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, E.W. Scripps currently has a consensus rating of "Reduce" and a consensus target price of $6.95.
Check Out Our Latest Stock Analysis on SSP
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of SSP. Empowered Funds LLC raised its position in E.W. Scripps by 8.6% in the first quarter. Empowered Funds LLC now owns 316,113 shares of the company's stock worth $936,000 after acquiring an additional 25,070 shares in the last quarter. Strs Ohio acquired a new position in E.W. Scripps in the 1st quarter valued at approximately $117,000. Acadian Asset Management LLC boosted its stake in shares of E.W. Scripps by 6.4% during the 2nd quarter. Acadian Asset Management LLC now owns 1,231,807 shares of the company's stock valued at $3,618,000 after buying an additional 74,435 shares during the period. Geode Capital Management LLC increased its stake in shares of E.W. Scripps by 0.7% in the second quarter. Geode Capital Management LLC now owns 1,516,298 shares of the company's stock worth $4,459,000 after acquiring an additional 10,957 shares during the last quarter. Finally, Bailard Inc. raised its holdings in shares of E.W. Scripps by 47.5% during the second quarter. Bailard Inc. now owns 89,600 shares of the company's stock worth $263,000 after acquiring an additional 28,858 shares in the last quarter. Institutional investors own 67.81% of the company's stock.
E.W. Scripps News Roundup
Here are the key news stories impacting E.W. Scripps this week:
- Positive Sentiment: Analysts set an average price target of $6.95 for SSP, signaling material upside from current levels and providing a justification for investor buying interest. E.W. Scripps Company (The) (NASDAQ:SSP) Receives $6.95 Average Price Target from Brokerages
- Positive Sentiment: Major shareholder Margaret Scripps Klenzing bought 159,515 shares at about $4.64 (a ~27% increase in her holding) — a large, high‑visibility insider buy that typically signals confidence in the stock. SEC Filing - Margaret Scripps Klenzing
- Positive Sentiment: Other significant insider purchases reported: Corina S. Granado (79,758 shares), Eaton M. Scripps (41,017 shares), Anthony S. Granado (multiple buys totaling >12k shares), and Elizabeth Scripps (3,077 shares) — collective buys by major holders strengthen the bullish signal. (Individual SEC links: Corina Corina S. Granado SEC Filing; Eaton Eaton M. Scripps SEC Filing; Anthony/Elizabeth filings listed in news feed.)
- Neutral Sentiment: Short-interest data in the reports is inconsistent / shows 0 shares (and NaN increases), so there’s no clear short-pressure signal from these snapshots; treat the short-interest figures as unreliable until confirmed by an exchange report.
- Negative Sentiment: Recent fundamentals remain mixed: SSP posted a quarterly EPS miss on Feb. 25 and carries a high debt-to-equity ratio (~3.13). Those factors are longer‑term headwinds that can limit sustained upside absent improving cash flow or margin guidance.
E.W. Scripps Company Profile
(
Get Free Report)
The E.W. Scripps Company is a diversified U.S. media organization headquartered in Cincinnati, Ohio. Established in 1878 by Edward Willis Scripps, the company began as a newspaper publisher before expanding into broadcast television, cable networks and digital journalism. Today, Scripps combines a legacy of local news reporting with a growing portfolio of national cable channels and digital platforms.
Scripps operates more than 60 television stations across over 40 markets, delivering local news, weather, sports and entertainment programming to communities in both large and mid-sized U.S.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
