Entravision Communications (NYSE:EVC) Major Shareholder Sells $68,124.35 in Stock

Entravision Communications Corporation (NYSE:EVC) major shareholder Alexandra Seros sold 23,093 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $2.95, for a total transaction of $68,124.35. Following the completion of the transaction, the insider owned 11,070,173 shares in the company, valued at approximately $32,657,010.35. The trade was a 0.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Major 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 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, 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 stock was 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 stock was 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 transaction 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 value 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 stock was sold at an average price of $2.52, for a total value of $47,824.56.

Entravision Communications Stock Up 1.7%

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

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

Entravision Communications Announces Dividend

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

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Entravision Communications

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC acquired a new stake in shares of Entravision Communications in the third quarter valued at about $27,000. Fidelis Capital Partners LLC purchased a new position in Entravision Communications during the second quarter worth approximately $30,000. AQR Capital Management LLC purchased a new stake in Entravision Communications in the 1st quarter valued at $28,000. Byrne Asset Management LLC acquired a new stake in shares of Entravision Communications in the 3rd quarter worth $33,000. Finally, Kingsview Wealth Management LLC purchased a new position in shares of Entravision Communications during the 1st quarter worth $31,000. Hedge funds and other institutional investors 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.