Alexandra Seros Sells 24,359 Shares of Entravision Communications (NYSE:EVC) Stock

Key Points

• Alexandra Seros, a major shareholder of Entravision Communications, sold 24,359 shares for approximately $60,410 on September 9th, reducing her ownership to about 11.4 million shares.
• Entravision Communications' stock saw a 0.6% decline to $2.48, with currently a market cap of $225.17 million and a reported negative return on equity of 51.15%.
• The company announced a quarterly dividend of $0.05 per share, set to be paid on September 30th, with an annualized dividend yield of 8.1%.

Entravision Communications Corporation (NYSE:EVC - Get Free Report) major shareholder Alexandra Seros sold 24,359 shares of the firm's stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $2.48, for a total value of $60,410.32. Following the completion of the sale, the insider directly owned 11,419,746 shares in the company, valued at approximately $28,320,970.08. The trade was a 0.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company's stock 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 stock was 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 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 Friday, September 5th, Alexandra Seros sold 22,157 shares of Entravision Communications stock. The shares were sold at an average price of $2.47, for a total value of $54,727.79.
• 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 mid-day trading on Friday, hitting $2.48. 562,945 shares of the company traded hands, compared to its average volume of 197,277. The company has a debt-to-equity ratio of 1.91, a quick ratio of 2.48 and a current ratio of 2.48. Entravision Communications Corporation has a 52-week low of $1.58 and a 52-week high of $2.73. The firm's 50 day simple moving average is $2.44 and its 200 day simple moving average is $2.18. The firm has a market cap of $225.18 million, a P/E ratio of -1.87 and a beta of 1.56.

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

Entravision Communications Announces Dividend

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

Institutional Investors Weigh In On Entravision Communications

Hedge funds and other institutional investors have recently bought and sold shares of the business. The Manufacturers Life Insurance Company purchased a new stake in Entravision Communications during the 4th quarter worth approximately $29,000. Fidelis Capital Partners LLC bought a new stake in shares of Entravision Communications in the 2nd quarter valued at approximately $30,000. AQR Capital Management LLC bought a new stake in shares of Entravision Communications in the 1st quarter valued at approximately $28,000. Kingsview Wealth Management LLC bought a new stake in shares of Entravision Communications in the 1st quarter valued at approximately $31,000. Finally, Occudo Quantitative Strategies LP bought a new stake in shares of Entravision Communications in the 2nd quarter valued at approximately $38,000. 69.46% of the stock is currently owned by hedge funds and other institutional investors.

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.