Alexandra Seros Sells 35,747 Shares of Entravision Communications (NYSE:EVC) Stock

Entravision Communications Corporation (NYSE:EVC) major shareholder Alexandra Seros sold 35,747 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $2.45, for a total transaction of $87,580.15. Following the sale, the insider owned 11,702,594 shares of the company’s stock, valued at $28,671,355.30. The trade was a 0.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Alexandra Seros also recently made the following trade(s):

• On Tuesday, August 26th, Alexandra Seros sold 29,648 shares of Entravision Communications stock. The shares were sold at an average price of $2.46, for a total transaction of $72,934.08.
• On Monday, August 25th, Alexandra Seros sold 18,097 shares of Entravision Communications stock. The shares were sold at an average price of $2.48, for a total transaction of $44,880.56.
• On Thursday, August 21st, Alexandra Seros sold 36,836 shares of Entravision Communications stock. The shares were sold at an average price of $2.35, for a total transaction of $86,564.60.
• On Wednesday, August 20th, Alexandra Seros sold 29,443 shares of Entravision Communications stock. The shares were sold at an average price of $2.39, for a total transaction of $70,368.77.
• On Tuesday, August 19th, Alexandra Seros sold 15,523 shares of Entravision Communications stock. The shares were sold at an average price of $2.39, for a total transaction of $37,099.97.

Entravision Communications Stock Performance

Shares of Entravision Communications stock opened at $2.59 on Thursday. The firm has a fifty day moving average of $2.41 and a two-hundred day moving average of $2.15. The stock has a market capitalization of $235.18 million, a price-to-earnings ratio of -1.96 and a beta of 1.57. Entravision Communications Corporation has a 52 week low of $1.58 and a 52 week high of $2.73. 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 (NYSE:EVC) last released its quarterly earnings data on Tuesday, August 5th. The company reported ($0.04) EPS for the quarter. Entravision Communications had a negative net margin of 30.16% and a negative return on equity of 51.15%. The firm had revenue of $100.74 million during the quarter.

Entravision Communications Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th will be given a $0.05 dividend. The ex-dividend date is Tuesday, September 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 7.7%. Entravision Communications’s dividend payout ratio is currently -15.15%.

Institutional Trading of Entravision Communications

A number of large investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC increased its position in shares of Entravision Communications by 78.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 17,372 shares of the company’s stock valued at $40,000 after buying an additional 7,642 shares in the last quarter. Bridgeway Capital Management LLC increased its holdings in Entravision Communications by 6.5% during the 2nd quarter. Bridgeway Capital Management LLC now owns 963,219 shares of the company’s stock worth $2,235,000 after purchasing an additional 59,154 shares in the last quarter. Jane Street Group LLC increased its holdings in Entravision Communications by 175.5% during the 2nd quarter. Jane Street Group LLC now owns 104,899 shares of the company’s stock worth $243,000 after purchasing an additional 66,829 shares in the last quarter. Occudo Quantitative Strategies LP bought a new position in Entravision Communications during the 2nd quarter worth about $38,000. Finally, Caption Management LLC bought a new position in Entravision Communications during the 2nd quarter worth about $139,000. Institutional investors own 69.46% of the company’s stock.

About Entravision Communications

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.