Key Points
- Grupo Televisa director Viadero Salvi Rafael Folch sold 200,003 shares on May 25 at an average price of $0.56, totaling about $112,002. After the sale, the director’s stake fell by 85.84% to 32,997 shares.
- The stock was down 0.5% and opened at $2.83, near its 50-day and 200-day moving averages. Grupo Televisa also remains well below its 12-month high of $3.49.
- Wall Street sentiment is mixed but cautious, with an average analyst rating of “Hold” and an average price target of $5.27. Recent notes included a UBS price-target cut to $3.20 and a Weiss Ratings “sell” call, while one service upgraded the stock to “strong-buy.”
Grupo Televisa S.A. (NYSE:TV - Get Free Report) Director Viadero Salvi Rafael Folch sold 32,997 shares of the company's stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $0.56, for a total value of $18,478.32. Following the transaction, the director owned 32,997 shares of the company's stock, valued at approximately $18,478.32. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Viadero Salvi Rafael Folch also recently made the following trade(s):
- On Monday, May 25th, Viadero Salvi Rafael Folch sold 200,003 shares of Grupo Televisa stock. The stock was sold at an average price of $0.56, for a total value of $112,001.68.
- On Monday, May 4th, Viadero Salvi Rafael Folch sold 44,500 shares of Grupo Televisa stock. The stock was sold at an average price of $0.57, for a total value of $25,365.00.
Grupo Televisa Stock Down 0.5%
Shares of TV stock opened at $2.83 on Thursday. Grupo Televisa S.A. has a 12 month low of $1.86 and a 12 month high of $3.49. The firm has a market cap of $1.50 billion, a PE ratio of -3.49, a price-to-earnings-growth ratio of 1.01 and a beta of 1.61. The stock has a 50 day moving average of $2.92 and a 200-day moving average of $2.98. The company has a quick ratio of 2.36, a current ratio of 2.39 and a debt-to-equity ratio of 0.04.
Grupo Televisa (NYSE:TV - Get Free Report) last issued its quarterly earnings results on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. Grupo Televisa had a negative return on equity of 7.65% and a negative net margin of 13.93%.The business had revenue of $807.20 million for the quarter. On average, equities analysts predict that Grupo Televisa S.A. will post 0.08 EPS for the current year.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of TV. Invesco Ltd. acquired a new position in shares of Grupo Televisa in the first quarter valued at $96,000. Canada Pension Plan Investment Board acquired a new position in shares of Grupo Televisa in the second quarter valued at $1,232,000. Banco BTG Pactual S.A. acquired a new position in shares of Grupo Televisa in the second quarter valued at $208,000. Jane Street Group LLC acquired a new position in shares of Grupo Televisa in the second quarter valued at $1,211,000. Finally, Bank of America Corp DE grew its position in Grupo Televisa by 36.8% in the second quarter. Bank of America Corp DE now owns 305,072 shares of the company's stock valued at $668,000 after acquiring an additional 82,118 shares during the period. 55.77% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of brokerages have recently commented on TV. Wall Street Zen upgraded Grupo Televisa from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 23rd. Weiss Ratings restated a "sell (d-)" rating on shares of Grupo Televisa in a research note on Monday, April 20th. UBS Group cut their target price on Grupo Televisa from $3.70 to $3.20 and set a "neutral" rating for the company in a research note on Monday, May 11th. Finally, JPMorgan Chase & Co. restated a "neutral" rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Grupo Televisa currently has an average rating of "Hold" and a consensus target price of $5.27.
Get Our Latest Analysis on TV
About Grupo Televisa
(
Get Free Report)
Grupo Televisa, SAB. is a leading Mexican multimedia conglomerate headquartered in Mexico City, specializing in the creation, production and distribution of Spanish-language content. The company operates free-to-air television networks, subscription pay-TV services, broadband and telephony under its cable arm, and a range of digital streaming platforms. Grupo Televisa's portfolio spans news, sports, telenovelas, reality programming and original series, positioning it as one of the largest content producers in the Spanish-speaking world.
Televisa's broadcast division includes flagship channels such as Las Estrellas and Canal 5, while its pay-TV segment features operations under brands like Sky México and Izzi Telecom.
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