Grupo Televisa (NYSE:TV) Director Michael Fries Sells 44,500 Shares

Grupo Televisa S.A. (NYSE:TV) Director Michael Fries sold 44,500 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $0.57, for a total transaction of $25,365.00. Following the completion of the sale, the director owned 838,275 shares of the company’s stock, valued at $477,816.75. This trade represents a 5.04% 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.

Grupo Televisa Price Performance

Shares of NYSE TV opened at $2.88 on Thursday. The firm has a 50-day simple moving average of $2.96 and a 200-day simple moving average of $2.95. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of -3.55, a price-to-earnings-growth ratio of 0.91 and a beta of 1.61. The company has a quick ratio of 2.36, a current ratio of 2.39 and a debt-to-equity ratio of 0.83. Grupo Televisa S.A. has a 52 week low of $1.76 and a 52 week high of $3.49.

Grupo Televisa (NYSE:TV) last issued its earnings results on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. The business had revenue of $807.20 million during the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.65%. On average, equities analysts predict that Grupo Televisa S.A. will post 0.09 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Grupo Televisa

Hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in Grupo Televisa by 21.8% in the fourth quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock valued at $79,488,000 after purchasing an additional 4,888,475 shares during the period. Gamco Investors INC. ET AL raised its position in Grupo Televisa by 10.4% in the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock valued at $60,811,000 after purchasing an additional 1,975,268 shares during the period. Marshall Wace LLP raised its position in Grupo Televisa by 732.1% in the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock valued at $4,213,000 after purchasing an additional 1,273,818 shares during the period. Man Group plc purchased a new stake in Grupo Televisa in the second quarter valued at $2,291,000. Finally, Citadel Advisors LLC raised its position in Grupo Televisa by 921.3% in the third quarter. Citadel Advisors LLC now owns 1,083,641 shares of the company’s stock valued at $2,915,000 after purchasing an additional 977,541 shares during the period. 55.77% of the stock is currently owned by institutional investors and hedge funds.

More Grupo Televisa News

Here are the key news stories impacting Grupo Televisa this week:

• Negative Sentiment: At least 14 directors, officers and insiders each sold 44,500 shares on May 4 (total ? 623,000 shares), generating roughly $355,110 in proceeds; filings were submitted to the SEC. Example filing (CEO Angoitia): Form 4 – Angoitia
• Negative Sentiment: All reported sales were executed at an average price of $0.57 per share in the filings — materially lower than the NYSE quote for TV. Investors should review the Form 4s for share class/currency details or non-standard instruments that could explain the price difference. Sample filing (one director): Form 4 – Fries

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Finally, UBS Group raised their price objective on shares of Grupo Televisa from $2.60 to $3.70 and gave the stock a “neutral” rating in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Grupo Televisa presently has a consensus rating of “Hold” and a consensus target price of $5.43.

Grupo Televisa Company Profile

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.