Key Points
- Alexandra Seros, a major shareholder, sold 46,064 Entravision (EVC) shares on Nov 14 at an average price of $2.77 and has conducted multiple sales in recent weeks; after the Nov 14 trade she still owns 10,921,011 shares (valued at about $30.25 million), a 0.42% reduction in her position.
- Entravision shares traded at $2.86 (down 0.2%), the company reported negative EPS and ROE with a MarketBeat consensus rating of "Sell", yet it declared a quarterly dividend of $0.05 per share (a 7.0% yield) with an ex-dividend date of Dec 16.
Entravision Communications Corporation (NYSE:EVC - Get Free Report) major shareholder Alexandra Seros sold 46,064 shares of the business's stock in a transaction on Friday, November 14th. The shares were sold at an average price of $2.77, for a total transaction of $127,597.28. Following the completion of the sale, the insider owned 10,921,011 shares in the company, valued at $30,251,200.47. This represents a 0.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
Alexandra Seros also recently made the following trade(s):
- On Thursday, November 13th, Alexandra Seros sold 57,978 shares of Entravision Communications stock. The shares were sold at an average price of $2.86, for a total value of $165,817.08.
- On Wednesday, November 12th, Alexandra Seros sold 45,120 shares of Entravision Communications stock. The stock was sold at an average price of $2.93, for a total transaction of $132,201.60.
- On Monday, November 10th, Alexandra Seros sold 23,093 shares of Entravision Communications stock. The stock was sold at an average price of $2.95, for a total transaction of $68,124.35.
- On Friday, November 7th, Alexandra Seros sold 69,090 shares of Entravision Communications stock. The shares were sold at an average price of $2.86, for a total value of $197,597.40.
- On Thursday, November 6th, Alexandra Seros sold 157,817 shares of Entravision Communications stock. The shares were sold at an average price of $2.75, for a total value of $433,996.75.
- On Thursday, September 11th, Alexandra Seros sold 41,078 shares of Entravision Communications stock. The shares were sold at an average price of $2.31, for a total transaction of $94,890.18.
- On Wednesday, September 10th, Alexandra Seros sold 58,525 shares of Entravision Communications stock. The stock was sold at an average price of $2.38, for a total value of $139,289.50.
- On Tuesday, September 9th, Alexandra Seros sold 24,359 shares of Entravision Communications stock. The stock was sold at an average price of $2.48, for a total value of $60,410.32.
- On Monday, September 8th, Alexandra Seros sold 32,911 shares of Entravision Communications stock. The stock was sold at an average price of $2.48, for a total transaction of $81,619.28.
- On Friday, September 5th, Alexandra Seros sold 22,157 shares of Entravision Communications stock. The shares were sold at an average price of $2.47, for a total value of $54,727.79.
Entravision Communications Stock Down 0.2%
NYSE:EVC traded down $0.01 on Friday, hitting $2.86. 381,774 shares of the company's stock were exchanged, compared to its average volume of 326,544. The company has a market cap of $259.74 million, a P/E ratio of -2.16 and a beta of 1.63. Entravision Communications Corporation has a 52 week low of $1.58 and a 52 week high of $3.15. The firm has a 50-day moving average price of $2.34 and a 200-day moving average price of $2.29. The company has a debt-to-equity ratio of 1.91, a current ratio of 2.48 and a quick ratio of 2.48.
Entravision Communications (NYSE:EVC - Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The company reported ($0.11) EPS for the quarter. Entravision Communications had a negative return on equity of 51.15% and a negative net margin of 30.16%.The business had revenue of $120.63 million for the quarter.
Entravision Communications Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Tuesday, December 16th. Entravision Communications's payout ratio is -15.38%.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Entravision Communications in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of "Sell".
Get Our Latest Research Report on EVC
Institutional Investors Weigh In On Entravision Communications
Institutional investors and hedge funds have recently made changes to their positions in the business. Segall Bryant & Hamill LLC bought a new stake in Entravision Communications during the 1st quarter worth approximately $329,000. Kingsview Wealth Management LLC bought a new stake in Entravision Communications during the first quarter worth $31,000. Nuveen LLC bought a new stake in Entravision Communications during the first quarter worth $366,000. MetLife Investment Management LLC raised its position in Entravision Communications by 35.7% in the 1st quarter. MetLife Investment Management LLC now owns 26,568 shares of the company's stock valued at $56,000 after buying an additional 6,991 shares during the last quarter. Finally, Corsair Capital Management L.P. bought a new position in Entravision Communications during the 1st quarter valued at $55,000. Institutional investors own 69.46% of the company's stock.
Entravision Communications Company Profile
(
Get Free Report)
Entravision Communications Corporation operates as an advertising solutions, media, and technology company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics in the United States. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties.
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