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

Grupo Televisa S.A. (NYSE:TV) CEO Angoitia Alfonso De sold 44,500 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $0.57, for a total value of $25,365.00. Following the sale, the chief executive officer owned 38,813,509 shares in the company, valued at approximately $22,123,700.13. The trade was a 0.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Grupo Televisa Price Performance

NYSE TV opened at $2.86 on Friday. The stock’s 50-day moving average price is $2.95 and its two-hundred day moving average price is $2.96. The company has a current ratio of 2.39, a quick ratio of 2.36 and a debt-to-equity ratio of 0.04. The company has a market cap of $1.52 billion, a PE ratio of -3.52, a PEG ratio of 0.90 and a beta of 1.61. Grupo Televisa S.A. has a 1 year low of $1.79 and a 1 year high of $3.49.

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

Institutional Trading of Grupo Televisa

Several hedge funds and other institutional investors have recently modified their holdings of TV. JPMorgan Chase & Co. raised its holdings in shares of Grupo Televisa by 21.8% during the fourth quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock worth $79,488,000 after acquiring an additional 4,888,475 shares in the last quarter. Gamco Investors INC. ET AL raised its stake in shares of Grupo Televisa by 10.4% during the 4th quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock worth $60,811,000 after purchasing an additional 1,975,268 shares in the last quarter. Marshall Wace LLP raised its stake in shares of Grupo Televisa by 732.1% during the 4th quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock worth $4,213,000 after purchasing an additional 1,273,818 shares in the last quarter. Man Group plc purchased a new stake in shares of Grupo Televisa during the 2nd quarter worth about $2,291,000. Finally, Citadel Advisors LLC raised its stake in shares of Grupo Televisa by 921.3% during the 3rd quarter. Citadel Advisors LLC now owns 1,083,641 shares of the company’s stock worth $2,915,000 after purchasing an additional 977,541 shares in the last quarter. 55.77% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on TV shares. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a report on Monday, April 20th. Zacks Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. Wall Street Zen upgraded Grupo Televisa from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, UBS Group raised their price objective on 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 issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus 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.