Alexandra Seros Sells 22,157 Shares of Entravision Communications (NYSE:EVC) Stock

Key Points

• Alexandra Seros, a major shareholder of Entravision Communications, sold a total of 22,157 shares at an average price of $2.47, resulting in a transaction value of $54,727.79.
• Following this transaction, Seros's ownership decreased by 0.19%, leaving her with approximately 11.48 million shares valued at $28.35 million.
• Entravision Communications announced a quarterly dividend of $0.05 per share, equating to an 8.1% dividend yield, set to be paid on September 30th to stockholders of record on September 16th.

Entravision Communications Corporation (NYSE:EVC - Get Free Report) major shareholder Alexandra Seros sold 22,157 shares of the business's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $2.47, for a total value of $54,727.79. Following the completion of the sale, the insider owned 11,477,016 shares in the company, valued at approximately $28,348,229.52. This trade represents a 0.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% 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, 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 value 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 value of $139,289.50.
• On Tuesday, September 9th, Alexandra Seros sold 24,359 shares of Entravision Communications stock. The shares were 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 Thursday, September 4th, Alexandra Seros sold 18,902 shares of Entravision Communications stock. The shares were sold at an average price of $2.47, for a total value of $46,687.94.
• On Wednesday, September 3rd, Alexandra Seros sold 20,588 shares of Entravision Communications stock. The shares were sold at an average price of $2.48, for a total value of $51,058.24.
• On Tuesday, September 2nd, Alexandra Seros sold 18,978 shares of Entravision Communications stock. The shares were sold at an average price of $2.52, for a total value of $47,824.56.
• On Friday, August 29th, Alexandra Seros sold 12,502 shares of Entravision Communications stock. The shares were sold at an average price of $2.58, for a total value of $32,255.16.
• On Thursday, August 28th, Alexandra Seros sold 31,660 shares of Entravision Communications stock. The shares were sold at an average price of $2.55, for a total value of $80,733.00.
• On Wednesday, August 27th, Alexandra Seros sold 53,046 shares of Entravision Communications stock. The shares were sold at an average price of $2.53, for a total value of $134,206.38.

Entravision Communications Stock Up 4.4%

Shares of NYSE:EVC traded up $0.11 during midday trading on Friday, reaching $2.48. The company had a trading volume of 562,945 shares, compared to its average volume of 197,277. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 1.91. The business's 50 day moving average price is $2.44 and its 200 day moving average price is $2.18. The stock has a market cap of $225.18 million, a PE ratio of -1.87 and a beta of 1.56. Entravision Communications Corporation has a 1-year low of $1.58 and a 1-year high of $2.73.

Entravision Communications (NYSE:EVC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $100.74 million for the quarter. Entravision Communications had a negative return on equity of 51.15% and a negative net margin of 30.16%.

Entravision Communications Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Tuesday, September 16th. Entravision Communications's payout ratio is -15.15%.

Hedge Funds Weigh In On Entravision Communications

Institutional investors have recently bought and sold shares of the business. Millennium Management LLC increased its position in Entravision Communications by 1,100.5% during the fourth quarter. Millennium Management LLC now owns 204,373 shares of the company's stock worth $480,000 after buying an additional 187,349 shares during the last quarter. Ritholtz Wealth Management acquired a new position in shares of Entravision Communications in the first quarter valued at approximately $103,000. Nuveen LLC acquired a new position in shares of Entravision Communications in the first quarter valued at approximately $366,000. Jacobs Levy Equity Management Inc. grew its position in shares of Entravision Communications by 594.8% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 269,653 shares of the company's stock valued at $634,000 after purchasing an additional 230,845 shares during the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new position in shares of Entravision Communications in the first quarter valued at approximately $329,000. Institutional investors and hedge funds own 69.46% of the company's stock.

About Entravision Communications

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.