Entravision Communications (NYSE:EVC) Major Shareholder Alexandra Seros Sells 46,064 Shares

Entravision Communications Corporation (NYSE:EVC) major shareholder Alexandra Seros sold 46,064 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $2.77, for a total transaction of $127,597.28. Following the sale, the insider owned 10,921,011 shares of the company’s stock, valued at approximately $30,251,200.47. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Alexandra Seros also recently made the following trade(s):

• 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 shares were 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 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 value of $197,597.40.
• On Thursday, November 6th, Alexandra Seros sold 157,817 shares of Entravision Communications stock. The shares were sold at an average price of $2.75, for a total value 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 shares were sold at an average price of $2.48, for a total value of $81,619.28.
• On Friday, September 5th, Alexandra Seros sold 22,157 shares of Entravision Communications stock. The stock was sold at an average price of $2.47, for a total transaction of $54,727.79.

Entravision Communications Price Performance

NYSE:EVC traded down $0.01 on Friday, reaching $2.86. 381,774 shares of the company’s stock traded hands, compared to its average volume of 326,544. The stock has a 50-day simple moving average of $2.34 and a 200-day simple moving average of $2.29. Entravision Communications Corporation has a 12 month low of $1.58 and a 12 month high of $3.15. The firm has a market cap of $259.74 million, a PE ratio of -2.16 and a beta of 1.63. 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 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 firm had revenue of $120.63 million for the quarter.

Entravision Communications Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Tuesday, December 16th. Entravision Communications’s dividend payout ratio is presently -15.38%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. American Century Companies Inc. increased its stake in shares of Entravision Communications by 10.7% in the second quarter. American Century Companies Inc. now owns 10,202,560 shares of the company’s stock worth $23,670,000 after acquiring an additional 984,510 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Entravision Communications by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 3,336,040 shares of the company’s stock worth $7,773,000 after purchasing an additional 36,503 shares in the last quarter. Bridgeway Capital Management LLC lifted its holdings in shares of Entravision Communications by 3.7% during the 3rd quarter. Bridgeway Capital Management LLC now owns 998,610 shares of the company’s stock valued at $2,327,000 after buying an additional 35,391 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Entravision Communications by 14.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 595,685 shares of the company’s stock valued at $1,251,000 after buying an additional 73,103 shares in the last quarter. Finally, Segall Bryant & Hamill LLC increased its holdings in Entravision Communications by 265.0% in the third quarter. Segall Bryant & Hamill LLC now owns 572,089 shares of the company’s stock worth $1,333,000 after buying an additional 415,348 shares during the last quarter. 69.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

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.