Grupo Televisa (NYSE:TV) Director Viadero Salvi Rafael Folch Sells 200,003 Shares

Grupo Televisa S.A. (NYSE:TV) Director Viadero Salvi Rafael Folch sold 200,003 shares of the company’s stock in a transaction that occurred on Monday, May 25th. The shares were sold at an average price of $0.56, for a total value of $112,001.68. Following the completion of the transaction, the director owned 32,997 shares in the company, valued at $18,478.32. This represents a 85.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Viadero Salvi Rafael Folch also recently made the following trade(s):

• On Tuesday, May 26th, Viadero Salvi Rafael Folch sold 32,997 shares of Grupo Televisa stock. The shares were sold at an average price of $0.56, for a total value of $18,478.32.
• On Monday, May 4th, Viadero Salvi Rafael Folch sold 44,500 shares of Grupo Televisa stock. The shares were sold at an average price of $0.57, for a total value of $25,365.00.

Grupo Televisa Trading Down 0.5%

TV opened at $2.83 on Thursday. Grupo Televisa S.A. has a one year low of $1.86 and a one year high of $3.49. The stock has a market capitalization of $1.50 billion, a PE ratio of -3.49, a P/E/G ratio of 1.01 and a beta of 1.61. The business’s 50 day moving average price is $2.92 and its 200 day moving average price is $2.98. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.36 and a current ratio of 2.39.

Grupo Televisa (NYSE:TV) last released its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.65%. The business had revenue of $807.20 million during the quarter. As a group, equities research analysts expect that Grupo Televisa S.A. will post 0.08 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC acquired a new position in Grupo Televisa during the third quarter worth $28,000. SmartHarvest Portfolios LLC purchased a new stake in shares of Grupo Televisa during the first quarter worth $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Grupo Televisa during the fourth quarter worth $32,000. AXQ Capital LP purchased a new stake in shares of Grupo Televisa during the fourth quarter worth $35,000. Finally, Diversified Trust Co. purchased a new stake in shares of Grupo Televisa during the fourth quarter worth $38,000. 55.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TV has been the topic of a number of research reports. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. UBS Group decreased their price target on Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Wall Street Zen upgraded Grupo Televisa from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 23rd. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $5.27.

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.