Grupo Televisa (NYSE:TV) Director Michael Fries Sells 44,500 Shares

Key Points

• Michael Fries, a Grupo Televisa director, sold 44,500 shares on May 4 at an average price of $0.57 for $25,365, leaving him with 838,275 shares (a 5.04% reduction).
• Multiple insiders — including the CEO, several directors and a VP — also sold 44,500-share blocks in recent filings, with some directors cutting stakes by about 16.04%, indicating broad insider selling activity.
• Grupo Televisa shares traded at $2.88 (+0.2%) with a market cap of $1.53B and last quarter EPS of -$0.80; analysts’ consensus rating is Hold with a $5.43 price target.

Grupo Televisa S.A. (NYSE:TV - Get Free Report) Director Michael Fries sold 44,500 shares of the firm's stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $0.57, for a total value of $25,365.00. Following the sale, the director directly owned 838,275 shares in the company, valued at approximately $477,816.75. This represents a 5.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Grupo Televisa Stock Up 0.2%

Shares of NYSE:TV traded up $0.01 during mid-day trading on Wednesday, reaching $2.88. 1,258,496 shares of the stock were exchanged, compared to its average volume of 1,599,006. The company has a quick ratio of 2.36, a current ratio of 2.39 and a debt-to-equity ratio of 0.83. The company has a market cap of $1.53 billion, a P/E ratio of -3.55, a P/E/G ratio of 0.91 and a beta of 1.61. Grupo Televisa S.A. has a one year low of $1.76 and a one year high of $3.49. The stock's 50 day simple moving average is $2.96 and its 200-day simple moving average is $2.95.

Grupo Televisa (NYSE:TV - Get Free Report) last posted its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) earnings per share (EPS) for the quarter. The firm had revenue of $807.20 million for the quarter. Grupo Televisa had a negative return on equity of 7.65% and a negative net margin of 13.93%. As a group, equities research analysts predict that Grupo Televisa S.A. will post 0.09 EPS for the current year.

Institutional Investors Weigh In On Grupo Televisa

Institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in shares of Grupo Televisa by 21.8% in the 4th quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company's stock valued at $79,488,000 after buying an additional 4,888,475 shares during the last quarter. Gamco Investors INC. ET AL increased its holdings in Grupo Televisa by 10.4% during the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company's stock worth $60,811,000 after buying an additional 1,975,268 shares during the last quarter. Gabelli Funds LLC raised its position in Grupo Televisa by 9.8% during the fourth quarter. Gabelli Funds LLC now owns 7,686,600 shares of the company's stock worth $22,368,000 after acquiring an additional 687,500 shares in the last quarter. Marshall Wace LLP raised its position in Grupo Televisa by 732.1% during the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company's stock worth $4,213,000 after acquiring an additional 1,273,818 shares in the last quarter. Finally, UBS Group AG lifted its stake in Grupo Televisa by 216.4% in the fourth quarter. UBS Group AG now owns 1,161,678 shares of the company's stock valued at $3,380,000 after acquiring an additional 794,514 shares during the last quarter. Institutional investors own 55.77% of the company's stock.

Wall Street Analyst Weigh In

TV has been the subject of a number of research reports. Weiss Ratings reiterated a "sell (d-)" rating on shares of Grupo Televisa in a report on Monday, April 20th. Zacks Research upgraded Grupo Televisa from a "strong sell" rating to a "hold" rating in a report on Monday, January 26th. UBS Group increased their price objective on Grupo Televisa from $2.60 to $3.70 and gave the stock a "neutral" rating in a report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Grupo Televisa currently has an average rating of "Hold" and a consensus price target of $5.43.

Trending Headlines about Grupo Televisa

Here are the key news stories impacting Grupo Televisa this week:

• Neutral Sentiment: CEO Alfonso De Angoitia sold 44,500 shares (0.11% reduction of his holding). Filing: CEO Form 4
• Neutral Sentiment: Director Jose Luis Fernandez sold 44,500 shares (0.11% reduction). Filing: Fernandez Form 4
• Neutral Sentiment: VP Luis Alejandro Bustos Olivares sold 44,500 shares (1.32% reduction). Filing: Olivares Form 4
• Negative Sentiment: Directors Margain Guadalupe Phillips, Francisco Jose Robelo and Guiller Garcia Naranjo each sold 44,500 shares (each ~5.04% reductions). Example filing: Phillips Form 4
• Negative Sentiment: Insiders Eguia Jose Antonio Chedraui and others sold 44,500 shares each (≈5.00% reductions). Filing: Eguia Form 4
• Negative Sentiment: Directors Kleinbort Enrique Krauze, Viadero Salvi Rafael Folch, Jean Michel Enriquez Dahlhaus and Lorenzo Alejan Mendoza each sold 44,500 shares (each ~16.04% reductions — notable relative cuts). Example filing: Krauze Form 4

Grupo Televisa Company Profile

Grupo Televisa, SAB. is a leading Mexican multimedia conglomerate headquartered in Mexico City, specializing in the creation, production and distribution of Spanish-language content. The company operates free-to-air television networks, subscription pay-TV services, broadband and telephony under its cable arm, and a range of digital streaming platforms. Grupo Televisa's portfolio spans news, sports, telenovelas, reality programming and original series, positioning it as one of the largest content producers in the Spanish-speaking world.

Televisa's broadcast division includes flagship channels such as Las Estrellas and Canal 5, while its pay-TV segment features operations under brands like Sky México and Izzi Telecom.

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