Insider Selling: Grupo Televisa (NYSE:TV) Director Sells $25,365.00 in Stock

Grupo Televisa S.A. (NYSE:TV) Director Gimenez Lorenzo Alejan Mendoza sold 44,500 shares of Grupo Televisa stock in a transaction on Monday, May 4th. The shares were sold at an average price of $0.57, for a total transaction of $25,365.00. Following the transaction, the director owned 233,000 shares in the company, valued at approximately $132,810. This trade represents a 16.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Grupo Televisa Stock Up 0.9%

TV opened at $2.86 on Friday. 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 fifty-two week low of $1.79 and a fifty-two week high of $3.49. The firm’s fifty day moving average is $2.95 and its 200 day moving average is $2.96. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of -3.52, a price-to-earnings-growth ratio of 0.90 and a beta of 1.61.

Grupo Televisa (NYSE:TV) last released its earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.65%. The firm had revenue of $807.20 million for the quarter. On average, sell-side analysts forecast that Grupo Televisa S.A. will post 0.09 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on the stock. JPMorgan Chase & Co. reissued 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 company a “neutral” rating in a report on Wednesday, April 22nd. Wall Street Zen raised shares of Grupo Televisa from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Research raised shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a report on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Grupo Televisa currently has an average rating of “Hold” and an average price target of $5.43.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in shares of Grupo Televisa by 21.8% during the 4th quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock valued at $79,488,000 after purchasing an additional 4,888,475 shares during the last quarter. Gamco Investors INC. ET AL raised its position in shares of Grupo Televisa by 10.4% during the 4th quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock valued at $60,811,000 after buying an additional 1,975,268 shares in the last quarter. Gabelli Funds LLC raised its position in shares of Grupo Televisa by 9.8% during the 4th quarter. Gabelli Funds LLC now owns 7,686,600 shares of the company’s stock valued at $22,368,000 after buying an additional 687,500 shares in the last quarter. Marshall Wace LLP raised its position in shares of Grupo Televisa by 732.1% during the 4th quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock valued at $4,213,000 after buying an additional 1,273,818 shares in the last quarter. Finally, UBS Group AG raised its position in shares of Grupo Televisa by 216.4% during the 4th quarter. UBS Group AG now owns 1,161,678 shares of the company’s stock valued at $3,380,000 after buying an additional 794,514 shares in the last quarter. Institutional investors own 55.77% of the company’s stock.

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.