Insider Selling: Entravision Communications (NYSE:EVC) Major Shareholder Sells $95,550.00 in Stock

Entravision Communications Corporation (NYSE:EVC) major shareholder Alexandra Seros sold 35,000 shares of the stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $2.73, for a total value of $95,550.00. Following the completion of the sale, the insider owned 10,822,122 shares in the company, valued at approximately $29,544,393.06. The trade was a 0.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

• On Wednesday, November 19th, Alexandra Seros sold 1,979 shares of Entravision Communications stock. The stock was sold at an average price of $2.67, for a total value of $5,283.93.
• On Monday, November 17th, Alexandra Seros sold 63,859 shares of Entravision Communications stock. The stock was sold at an average price of $2.82, for a total value of $180,082.38.
• On Friday, November 14th, Alexandra Seros sold 46,064 shares of Entravision Communications stock. The shares were sold at an average price of $2.77, for a total value of $127,597.28.
• On Thursday, November 13th, Alexandra Seros sold 57,978 shares of Entravision Communications stock. The shares were sold at an average price of $2.86, for a total value of $165,817.08.
• On Wednesday, November 12th, Alexandra Seros sold 45,120 shares of Entravision Communications stock. The stock was 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 transaction 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 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 stock was 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 shares were sold at an average price of $2.38, for a total transaction of $139,289.50.

Entravision Communications Price Performance

Shares of EVC opened at $2.73 on Friday. The firm has a market capitalization of $248.00 million, a price-to-earnings ratio of -2.07 and a beta of 1.63. The firm’s fifty day simple moving average is $2.36 and its 200-day simple moving average is $2.32. Entravision Communications Corporation has a twelve month low of $1.58 and a twelve month high of $3.15. The company has a current ratio of 2.48, a quick ratio of 2.48 and a debt-to-equity ratio of 1.91.

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

Entravision Communications Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend is Tuesday, December 16th. Entravision Communications’s dividend payout ratio (DPR) is -15.38%.

Analyst Upgrades and Downgrades

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

Institutional Trading of Entravision Communications

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC purchased a new stake in shares of Entravision Communications in the 3rd quarter valued at about $27,000. AQR Capital Management LLC acquired a new position in Entravision Communications during the first quarter worth approximately $28,000. BNP Paribas Financial Markets lifted its stake in Entravision Communications by 86.4% in the third quarter. BNP Paribas Financial Markets now owns 12,298 shares of the company’s stock valued at $29,000 after buying an additional 5,702 shares during the last quarter. Fidelis Capital Partners LLC acquired a new stake in shares of Entravision Communications in the second quarter valued at approximately $30,000. Finally, Kingsview Wealth Management LLC acquired a new stake in shares of Entravision Communications in the first quarter valued at approximately $31,000. Institutional investors and hedge funds 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.