Grupo Televisa (NYSE:TV) VP Olivares Luis Alejandro Bustos Sells 44,500 Shares

Key Points

• Sold 44,500 shares — Grupo Televisa VP Olivares Luis Alejandro Bustos sold 44,500 shares at an average of $0.57 for $25,365, trimming his stake by 1.32% to 3,318,551 shares, according to an SEC Form 4 filing.
• Stock and fundamentals — Shares are trading at $2.88 (+0.2%) with a $1.53 billion market cap; the company reported ($0.80) EPS last quarter, has negative net margin and ROE, and a 1‑year range of $1.76–$3.49.
• Analyst stance — Consensus is a "Hold" with a $5.43 target; recent activity includes UBS raising its target to $3.70, Zacks moving to Hold, and Weiss Ratings reaffirming a Sell.

Grupo Televisa S.A. (NYSE:TV - Get Free Report) VP Olivares Luis Alejandro Bustos sold 44,500 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $0.57, for a total value of $25,365.00. Following the completion of the transaction, the vice president directly owned 3,318,551 shares in the company, valued at $1,891,574.07. The trade was a 1.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Grupo Televisa Trading Up 0.2%

Shares of Grupo Televisa stock traded up $0.01 during trading on Wednesday, hitting $2.88. 1,258,496 shares of the company were exchanged, compared to its average volume of 1,335,783. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.39 and a quick ratio of 2.36. The firm has a market capitalization of $1.53 billion, a P/E ratio of -3.55, a price-to-earnings-growth ratio of 0.89 and a beta of 1.61. The firm's fifty day moving average price is $2.97 and its 200 day moving average price is $2.95. Grupo Televisa S.A. has a 1-year low of $1.76 and a 1-year high of $3.49.

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

Wall Street Analysts Forecast Growth

TV has been the topic of a number of recent analyst reports. Zacks Research raised shares of Grupo Televisa from a "strong sell" rating to a "hold" rating in a research report on Monday, January 26th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Grupo Televisa in a research note on Monday, April 20th. UBS Group lifted their target price 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. reissued a "neutral" rating on shares of Grupo Televisa in a research note 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. According to data from MarketBeat, Grupo Televisa has an average rating of "Hold" and a consensus target price of $5.43.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Grupo Televisa during the third quarter worth $28,000. TD Private Client Wealth LLC lifted its position in Grupo Televisa by 68.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company's stock valued at $29,000 after acquiring an additional 4,355 shares in the last quarter. Evergreen Capital Management LLC bought a new stake in Grupo Televisa in the 2nd quarter valued at $29,000. SmartHarvest Portfolios LLC acquired a new position in Grupo Televisa in the 1st quarter worth $30,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Grupo Televisa during the 4th quarter worth about $32,000. Institutional investors and hedge funds own 55.77% of the company's stock.

About Grupo Televisa

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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