Insider Selling: Entravision Communications (NYSE:EVC) Major Shareholder Sells 35,000 Shares of Stock

Key Points

  • Major shareholder Alexandra Seros sold 35,000 shares on Nov. 18 at $2.73 and has executed multiple recent trades totaling 599,603 shares sold (≈$1.64M), leaving her with 10,822,122 shares (a 0.32% ownership decrease).
  • Company fundamentals show shares near $2.66 with a $241.5M market cap, negative EPS (-$0.11) and negative ROE/net margin, yet the firm declared a $0.05 quarterly dividend (7.5% yield; ex-dividend Dec. 16).
  • Analyst sentiment is negative, with a consensus "Sell" rating and Weiss Ratings reiterating a "sell (d-)" recommendation.

Entravision Communications Corporation (NYSE:EVC - Get Free Report) major shareholder Alexandra Seros sold 35,000 shares of the business's stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $2.73, for a total value of $95,550.00. Following the completion of the sale, the insider directly owned 10,822,122 shares in the company, valued at approximately $29,544,393.06. This represents a 0.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 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, November 19th, Alexandra Seros sold 1,979 shares of Entravision Communications stock. The shares were sold at an average price of $2.67, for a total value of $5,283.93.
  • On Monday, November 17th, Alexandra Seros sold 63,859 shares of Entravision Communications stock. The stock was sold at an average price of $2.82, for a total value of $180,082.38.
  • On Friday, November 14th, Alexandra Seros sold 46,064 shares of Entravision Communications stock. The stock was sold at an average price of $2.77, for a total value of $127,597.28.
  • On Thursday, November 13th, Alexandra Seros sold 57,978 shares of Entravision Communications stock. The stock was sold at an average price of $2.86, for a total transaction of $165,817.08.
  • On Wednesday, November 12th, Alexandra Seros sold 45,120 shares of Entravision Communications stock. The shares were 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 stock was 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 stock was sold at an average price of $2.75, for a total transaction 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 shares were sold at an average price of $2.38, for a total value of $139,289.50.

Entravision Communications Stock Performance




Shares of NYSE EVC traded up $0.06 during trading on Thursday, hitting $2.66. The company had a trading volume of 18,654 shares, compared to its average volume of 325,730. The stock has a 50 day simple moving average of $2.35 and a 200 day simple moving average of $2.31. The firm has a market capitalization of $241.54 million, a P/E ratio of -2.01 and a beta of 1.63. The company has a debt-to-equity ratio of 1.91, a quick ratio of 2.48 and a current ratio of 2.48. Entravision Communications Corporation has a 12 month low of $1.58 and a 12 month high of $3.15.

Entravision Communications (NYSE:EVC - Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The company reported ($0.11) earnings per share (EPS) for the quarter. The firm had revenue of $120.63 million during the quarter. Entravision Communications had a negative return on equity of 51.15% and a negative net margin of 30.16%.

Entravision Communications Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $0.20 dividend on an annualized basis and a yield of 7.5%. Entravision Communications's payout ratio is currently -15.38%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of Entravision Communications in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Entravision Communications presently has a consensus rating of "Sell".

Get Our Latest Report on EVC

Institutional Investors Weigh In On Entravision Communications

A number of hedge funds have recently bought and sold shares of EVC. Kingsview Wealth Management LLC purchased a new position in shares of Entravision Communications in the 1st quarter worth $31,000. Nuveen LLC purchased a new stake in Entravision Communications during the first quarter valued at approximately $366,000. MetLife Investment Management LLC lifted its stake in shares of 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 purchasing an additional 6,991 shares during the last quarter. Corsair Capital Management L.P. purchased a new position in shares of Entravision Communications in the 1st quarter worth approximately $55,000. Finally, AQR Capital Management LLC purchased a new stake in Entravision Communications during the 1st quarter valued at $28,000. Hedge funds and other institutional investors own 69.46% of the company's stock.

About Entravision Communications

(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.

See Also

Insider Buying and Selling by Quarter for Entravision Communications (NYSE:EVC)

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