Insider Selling: Grupo Televisa (NYSE:TV) Director Sells $25,365.00 in Stock

Grupo Televisa S.A. (NYSE:TV) Director Margain Guadalupe Phillips sold 44,500 shares of Grupo Televisa stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $0.57, for a total transaction of $25,365.00. Following the transaction, the director directly owned 838,275 shares in the company, valued at $477,816.75. This trade represents a 5.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Grupo Televisa Price Performance

Shares of TV stock opened at $2.86 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.39 and a quick ratio of 2.36. The firm’s 50-day moving average is $2.95 and its two-hundred day moving average is $2.96. Grupo Televisa S.A. has a 12 month low of $1.79 and a 12 month high of $3.49. The company has a market capitalization of $1.52 billion, a PE ratio of -3.52, a price-to-earnings-growth ratio of 0.90 and a beta of 1.61.

Grupo Televisa (NYSE:TV) last issued its 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 firm had revenue of $807.20 million for the quarter. Analysts predict that Grupo Televisa S.A. will post 0.09 earnings per share for the current year.

Institutional Investors Weigh In On Grupo Televisa

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its stake in shares of Grupo Televisa by 21.8% in the 4th quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock valued at $79,488,000 after acquiring an additional 4,888,475 shares during the period. Gamco Investors INC. ET AL raised its stake in shares of Grupo Televisa by 10.4% in the 4th quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock valued at $60,811,000 after acquiring an additional 1,975,268 shares during the period. Gabelli Funds LLC raised its stake in shares of Grupo Televisa by 9.8% in the 4th quarter. Gabelli Funds LLC now owns 7,686,600 shares of the company’s stock valued at $22,368,000 after acquiring an additional 687,500 shares during the period. Marshall Wace LLP raised its stake in shares of Grupo Televisa by 732.1% in the 4th quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock valued at $4,213,000 after acquiring an additional 1,273,818 shares during the period. Finally, UBS Group AG increased its stake in Grupo Televisa by 216.4% during the 4th quarter. UBS Group AG now owns 1,161,678 shares of the company’s stock worth $3,380,000 after buying an additional 794,514 shares during the period. 55.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on TV shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. Wall Street Zen raised shares of Grupo Televisa from a “hold” rating to a “buy” rating in a research note on Saturday. UBS Group boosted their price target on shares of Grupo Televisa from $2.60 to $3.70 and gave the company a “neutral” rating in a research note on Wednesday, April 22nd. Zacks Research raised shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. One investment 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.com, the stock presently has an average rating of “Hold” and an average price target of $5.43.

About Grupo Televisa

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.