Entravision Communications (NYSE:EVC) Major Shareholder Alexandra Seros Sells 63,859 Shares of Stock

Entravision Communications Corporation (NYSE:EVC) major shareholder Alexandra Seros sold 63,859 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $2.82, for a total value of $180,082.38. Following the completion of the sale, the insider owned 10,857,122 shares of the company’s stock, valued at approximately $30,617,084.04. This represents a 0.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s stock 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 stock was sold at an average price of $2.67, for a total transaction of $5,283.93.
• On Tuesday, November 18th, Alexandra Seros sold 35,000 shares of Entravision Communications stock. The stock was sold at an average price of $2.73, for a total transaction of $95,550.00.
• On Friday, November 14th, Alexandra Seros sold 46,064 shares of Entravision Communications stock. The shares were sold at an average price of $2.77, for a total transaction 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 stock was sold at an average price of $2.93, for a total value of $132,201.60.
• On Monday, November 10th, Alexandra Seros sold 23,093 shares of Entravision Communications stock. The shares were sold at an average price of $2.95, for a total value 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 transaction of $139,289.50.

Entravision Communications Price Performance

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

Entravision Communications (NYSE:EVC) last released its earnings results on Tuesday, November 4th. The company reported ($0.11) EPS for the quarter. The business had revenue of $120.63 million during the quarter. Entravision Communications had a negative net margin of 30.16% and a negative return on equity of 51.15%.

Entravision Communications Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be given a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $0.20 annualized dividend and a dividend yield of 7.5%. Entravision Communications’s dividend payout ratio (DPR) is currently -15.38%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed 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, the company has an average rating of “Sell”.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EVC. Kingsview Wealth Management LLC acquired a new position in shares of Entravision Communications in the 1st quarter valued at approximately $31,000. Nuveen LLC bought a new stake in shares of Entravision Communications in the first quarter worth $366,000. MetLife Investment Management LLC increased its stake in shares of Entravision Communications by 35.7% in the first quarter. MetLife Investment Management LLC now owns 26,568 shares of the company’s stock worth $56,000 after buying an additional 6,991 shares during the last quarter. Corsair Capital Management L.P. acquired a new stake in Entravision Communications in the first quarter valued at $55,000. Finally, AQR Capital Management LLC acquired a new position in Entravision Communications during the 1st quarter worth $28,000. Institutional investors and hedge funds own 69.46% of the company’s stock.

Entravision Communications Company Profile

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.