Entravision Communications (NYSE:EVC) Major Shareholder Alexandra Seros Sells 22,157 Shares

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 Entravision Communications stock in a transaction that occurred on Friday, September 5th. The stock was 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 represents a 0.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.

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

• On Tuesday, September 9th, Alexandra Seros sold 24,359 shares of Entravision Communications stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $2.53, for a total value of $134,206.38.
• On Tuesday, August 26th, Alexandra Seros sold 29,648 shares of Entravision Communications stock. The shares were sold at an average price of $2.46, for a total value of $72,934.08.
• On Monday, August 25th, Alexandra Seros sold 18,097 shares of Entravision Communications stock. The shares were sold at an average price of $2.48, for a total value of $44,880.56.

Entravision Communications Stock Down 0.6%

Shares of EVC traded down $0.02 on Tuesday, reaching $2.48. The stock had a trading volume of 138,202 shares, compared to its average volume of 279,761. The firm has a market capitalization of $225.17 million, a price-to-earnings ratio of -1.87 and a beta of 1.56. The company has a debt-to-equity ratio of 1.91, a quick ratio of 2.48 and a current ratio of 2.48. The company has a 50-day simple moving average of $2.44 and a 200-day simple moving average of $2.17. Entravision Communications Corporation has a 12-month low of $1.58 and a 12-month high of $2.73.

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

Entravision Communications Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date is Tuesday, September 16th. Entravision Communications's dividend payout ratio (DPR) is presently -15.15%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. ProShare Advisors LLC lifted its stake in shares of Entravision Communications by 49.0% in the 4th quarter. ProShare Advisors LLC now owns 17,318 shares of the company's stock valued at $41,000 after purchasing an additional 5,699 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Entravision Communications by 11.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 59,128 shares of the company's stock valued at $139,000 after buying an additional 5,931 shares during the last quarter. Rhumbline Advisers raised its stake in Entravision Communications by 7.1% during the second quarter. Rhumbline Advisers now owns 91,341 shares of the company's stock valued at $212,000 after buying an additional 6,063 shares during the last quarter. Graham Capital Management L.P. raised its stake in Entravision Communications by 56.9% during the fourth quarter. Graham Capital Management L.P. now owns 17,026 shares of the company's stock valued at $40,000 after buying an additional 6,175 shares during the last quarter. Finally, MetLife Investment Management LLC raised its stake in Entravision Communications by 35.7% during the first quarter. MetLife Investment Management LLC now owns 26,568 shares of the company's stock valued at $56,000 after buying an additional 6,991 shares during the last quarter. Hedge funds and other 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.

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