Townsquare Media (NYSE:TSQ) CEO Bill Wilson Sells 21,420 Shares of Stock

Townsquare Media, Inc. (NYSE:TSQ) CEO Bill Wilson sold 21,420 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $5.54, for a total transaction of $118,666.80. Following the completion of the transaction, the chief executive officer owned 2,979,061 shares of the company’s stock, valued at approximately $16,503,997.94. The trade was a 0.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Bill Wilson also recently made the following trade(s):

• On Tuesday, August 11th, Bill Wilson sold 126,744 shares of Townsquare Media stock. The shares were sold at an average price of $5.61, for a total transaction of $711,033.84.

Townsquare Media Price Performance

Shares of NYSE:TSQ opened at $5.65 on Thursday. The company’s fifty day moving average price is $6.49 and its 200 day moving average price is $6.49. Townsquare Media, Inc. has a 12 month low of $4.30 and a 12 month high of $7.97. The firm has a market capitalization of $96.61 million, a P/E ratio of -1.96, a P/E/G ratio of 22.96 and a beta of 1.22.

Townsquare Media (NYSE:TSQ) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.02. The firm had revenue of $114.00 million during the quarter, compared to analysts’ expectations of $114.74 million. Townsquare Media had a negative net margin of 11.82% and a negative return on equity of 5.59%. On average, sell-side analysts anticipate that Townsquare Media, Inc. will post 0.02 EPS for the current year.

Townsquare Media Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 26th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 14.2%. The ex-dividend date of this dividend is Monday, October 26th. Townsquare Media’s payout ratio is presently -27.78%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on TSQ shares. Zacks Research downgraded shares of Townsquare Media from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Barrington Research reaffirmed an “outperform” rating and set a $10.00 price objective on shares of Townsquare Media in a research note on Monday, May 11th. Weiss Ratings cut Townsquare Media from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday. Finally, Wall Street Zen downgraded Townsquare Media from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $10.00.

Townsquare Media News Roundup

Here are the key news stories impacting Townsquare Media this week:

• Positive Sentiment: Expansion of digital advertising platform: Townsquare announced a partnership with Muirfield Broadcasting in North Carolina’s Sandhills and Moore County. Through its Media Partnerships division, Townsquare will provide proprietary technology and data-driven digital advertising services, expanding the platform to 16 alliances and 41 additional markets. The partnership could broaden Townsquare’s advertiser base and generate incremental digital revenue, although financial terms were not disclosed. Townsquare Announces Digital Advertising Partnership with Muirfield Broadcasting
• Neutral Sentiment: Digital growth remains strategically important: Townsquare said digital advertising now contributes more than half of its total revenue and profit. The partnership model may support further diversification away from traditional broadcast advertising, but the company has not provided performance data for the Media Partnerships division.
• Negative Sentiment: CEO reduced his stake: CEO Bill Wilson sold 126,744 shares for approximately $711,000 on August 11 and another 21,420 shares for roughly $119,000 on August 12. The combined sales reduced his ownership by about 148,000 shares, or approximately 4.8% of his position across the disclosed transactions. Although he continues to own nearly 3.0 million shares, repeated insider selling can weigh on investor sentiment. SEC Insider Transaction Filing
• Negative Sentiment: Analyst estimates were cut: Noble Financial lowered its Q3 2026 EPS forecast to $0.14 from $0.15, reduced its Q4 estimate to $0.16 from $0.33, and cut its FY2027 forecast to $0.55 from $0.69. The revisions suggest expectations for weaker near-term profitability and may limit the stock’s upside.

Institutional Investors Weigh In On Townsquare Media

A number of institutional investors have recently added to or reduced their stakes in TSQ. Gabelli Funds LLC increased its position in Townsquare Media by 3.8% during the 1st quarter. Gabelli Funds LLC now owns 63,300 shares of the company’s stock worth $344,000 after purchasing an additional 2,300 shares during the period. Gamco Investors INC. ET AL boosted its stake in shares of Townsquare Media by 3.3% in the first quarter. Gamco Investors INC. ET AL now owns 384,518 shares of the company’s stock valued at $2,088,000 after buying an additional 12,300 shares in the last quarter. Cetera Investment Advisers purchased a new stake in shares of Townsquare Media in the first quarter valued at approximately $129,000. Janney Montgomery Scott LLC grew its holdings in Townsquare Media by 5.3% during the first quarter. Janney Montgomery Scott LLC now owns 45,847 shares of the company’s stock worth $249,000 after acquiring an additional 2,319 shares during the period. Finally, Ritholtz Wealth Management acquired a new position in Townsquare Media during the first quarter worth $158,000. Hedge funds and other institutional investors own 71.69% of the company’s stock.

Townsquare Media Company Profile

Townsquare Media, Inc (NYSE: TSQ) is a diversified media and entertainment company that operates primarily in small and mid-sized markets across the United States. The company owns and manages over 300 local radio stations that deliver music, news, sports and community programming to listeners. In addition to its core broadcasting business, Townsquare Media provides digital marketing solutions and advertising services through its proprietary platforms and specialized agencies, helping local businesses connect with consumers via targeted online campaigns.

Founded in 2010 and headquartered in Purchase, New York, Townsquare Media has grown its footprint through strategic acquisitions and the development of a broad digital portfolio.