Insider Selling: Entravision Communications (NYSE:EVC) COO Sells $82,476.00 in Stock

Entravision Communications Corporation (NYSE:EVC) COO Liberman Jeffery sold 27,492 shares of Entravision Communications stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $3.00, for a total value of $82,476.00. Following the transaction, the chief operating officer owned 250,865 shares of the company’s stock, valued at $752,595. This represents a 9.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Entravision Communications Stock Performance

Entravision Communications stock traded up $0.02 during trading hours on Wednesday, hitting $3.25. The company had a trading volume of 986,826 shares, compared to its average volume of 330,808. The firm has a 50-day moving average of $2.48 and a 200 day moving average of $2.40. The company has a debt-to-equity ratio of 1.95, a current ratio of 1.74 and a quick ratio of 1.74. The firm has a market cap of $295.23 million, a PE ratio of -2.50 and a beta of 1.25. Entravision Communications Corporation has a one year low of $1.58 and a one year high of $3.44.

Entravision Communications (NYSE:EVC) last announced its earnings results on Tuesday, November 4th. The company reported ($0.11) earnings per share (EPS) for the quarter. The business had revenue of $120.63 million during the quarter. Entravision Communications had a negative net margin of 27.92% and a negative return on equity of 66.12%.

Entravision Communications Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend is Tuesday, December 16th. Entravision Communications’s dividend payout ratio (DPR) is currently -15.38%.

Analysts Set New Price Targets

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

Institutional Trading of Entravision Communications

A number of institutional investors have recently bought and sold shares of EVC. SG Americas Securities LLC bought a new position in shares of Entravision Communications in the 3rd quarter worth about $27,000. BNP Paribas Financial Markets grew its stake in Entravision Communications by 86.4% during the third quarter. BNP Paribas Financial Markets now owns 12,298 shares of the company’s stock worth $29,000 after purchasing an additional 5,702 shares during the period. Fidelis Capital Partners LLC bought a new stake in Entravision Communications in the second quarter worth approximately $30,000. AQR Capital Management LLC bought a new stake in Entravision Communications in the first quarter worth approximately $28,000. Finally, Byrne Asset Management LLC acquired a new position in Entravision Communications in the third quarter valued at approximately $33,000. 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.