Alexandra Seros Sells 157,817 Shares of Entravision Communications (NYSE:EVC) Stock

Entravision Communications Corporation (NYSE:EVC) major shareholder Alexandra Seros sold 157,817 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $2.75, for a total transaction of $433,996.75. Following the sale, the insider owned 11,162,326 shares of the company’s stock, valued at $30,696,396.50. This trade represents a 1.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more 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 Monday, November 10th, Alexandra Seros sold 23,093 shares of Entravision Communications stock. The stock was 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 shares were sold at an average price of $2.86, for a total transaction of $197,597.40.
• 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 value 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 value of $139,289.50.
• On Tuesday, September 9th, Alexandra Seros sold 24,359 shares of Entravision Communications stock. The shares were sold at an average price of $2.48, for a total value of $60,410.32.
• On Monday, September 8th, Alexandra Seros sold 32,911 shares of Entravision Communications stock. The stock was sold at an average price of $2.48, for a total transaction of $81,619.28.
• On Friday, September 5th, Alexandra Seros sold 22,157 shares of Entravision Communications stock. The shares were sold at an average price of $2.47, for a total value of $54,727.79.
• On Thursday, September 4th, Alexandra Seros sold 18,902 shares of Entravision Communications stock. The shares were sold at an average price of $2.47, for a total transaction of $46,687.94.
• On Wednesday, September 3rd, Alexandra Seros sold 20,588 shares of Entravision Communications stock. The shares were sold at an average price of $2.48, for a total value of $51,058.24.
• On Tuesday, September 2nd, Alexandra Seros sold 18,978 shares of Entravision Communications stock. The shares were sold at an average price of $2.52, for a total transaction of $47,824.56.

Entravision Communications Price Performance

Entravision Communications stock traded up $0.05 during trading on Monday, reaching $2.93. The company had a trading volume of 565,609 shares, compared to its average volume of 325,110. The company has a debt-to-equity ratio of 1.91, a quick ratio of 2.48 and a current ratio of 2.48. The firm’s 50-day simple moving average is $2.30 and its 200 day simple moving average is $2.27. The firm has a market capitalization of $266.56 million, a PE ratio of -2.22 and a beta of 1.63. Entravision Communications Corporation has a 1-year low of $1.58 and a 1-year high of $3.15.

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

Entravision Communications Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, December 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 6.8%. Entravision Communications’s dividend payout ratio (DPR) is currently -15.38%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Entravision Communications in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Institutional Trading of Entravision Communications

Large investors have recently modified their holdings of the stock. American Century Companies Inc. raised its stake in shares of Entravision Communications by 10.7% during the 2nd quarter. American Century Companies Inc. now owns 10,202,560 shares of the company’s stock worth $23,670,000 after purchasing an additional 984,510 shares during the period. Nuveen LLC bought a new stake in shares of Entravision Communications during the first quarter valued at approximately $366,000. Segall Bryant & Hamill LLC bought a new stake in Entravision Communications in the 1st quarter worth approximately $329,000. Corsair Capital Management L.P. lifted its position in shares of Entravision Communications by 285.4% during the 2nd quarter. Corsair Capital Management L.P. now owns 100,985 shares of the company’s stock valued at $234,000 after buying an additional 74,785 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Entravision Communications by 14.0% during the first quarter. Goldman Sachs Group Inc. now owns 595,685 shares of the company’s stock valued at $1,251,000 after purchasing an additional 73,103 shares in the last quarter. Institutional investors and hedge funds 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.