Insider Selling: Grupo Televisa (NYSE:TV) Insider Sells $128,250.00 in Stock

Grupo Televisa S.A. (NYSE:TV) insider Francisco Valim sold 225,000 shares of the company’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $0.57, for a total transaction of $128,250.00. Following the completion of the sale, the insider directly owned 225,000 shares in the company, valued at approximately $128,250. The trade was a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Grupo Televisa Stock Up 0.9%

TV opened at $2.86 on Friday. The firm’s 50-day simple moving average is $2.95 and its 200-day simple moving average is $2.96. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.36 and a current ratio of 2.39. Grupo Televisa S.A. has a twelve month low of $1.79 and a twelve month high of $3.49. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of -3.52, a PEG ratio of 0.91 and a beta of 1.61.

Grupo Televisa (NYSE:TV) last posted its earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share 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 during the quarter. Equities research analysts anticipate that Grupo Televisa S.A. will post 0.09 EPS for the current fiscal year.

Institutional Investors Weigh In On Grupo Televisa

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Personalized Indexing Management LLC bought a new stake in Grupo Televisa during the 3rd quarter worth about $28,000. TD Private Client Wealth LLC grew its holdings in Grupo Televisa by 68.8% during the 3rd quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock worth $29,000 after acquiring an additional 4,355 shares during the last quarter. Evergreen Capital Management LLC bought a new stake in Grupo Televisa during the 2nd quarter worth about $29,000. SmartHarvest Portfolios LLC acquired a new position in Grupo Televisa during the 1st quarter valued at about $30,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Grupo Televisa during the 4th quarter valued at about $32,000. Institutional investors own 55.77% of the company’s stock.

Wall Street Analysts Forecast Growth

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