Alexandra Seros Sells 32,911 Shares of Entravision Communications (NYSE:EVC) Stock

Key Points

• Alexandra Seros, a major shareholder of Entravision Communications, sold 32,911 shares at an average price of $2.48, totaling approximately $81,619.28, reducing her ownership to 11,444,105 shares.
• The company declared a quarterly dividend of $0.05 per share, set to be paid on September 30th, with a yield of 8.1%.
• Currently, over 69% of Entravision Communications' stock is held by institutional investors, indicating strong interest from large financial entities.

Entravision Communications Corporation (NYSE:EVC - Get Free Report) major shareholder Alexandra Seros sold 32,911 shares of the firm's stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $2.48, for a total transaction of $81,619.28. Following the completion of the transaction, the insider directly owned 11,444,105 shares in the company, valued at $28,381,380.40. This represents a 0.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more 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 shares were 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.
• 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 transaction of $60,410.32.
• 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $134,206.38.

Entravision Communications Stock Performance

EVC stock traded up $0.11 during 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 firm has a 50-day simple moving average of $2.44 and a 200-day simple moving average of $2.18. The company has a market cap of $225.18 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. Entravision Communications Corporation has a twelve month low of $1.58 and a twelve 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 company had revenue of $100.74 million during 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 business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th will be paid a $0.05 dividend. The ex-dividend date is Tuesday, September 16th. This represents a $0.20 dividend on an annualized basis and a yield of 8.1%. Entravision Communications's dividend payout ratio (DPR) is -15.15%.

Institutional Trading of Entravision Communications

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

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.