Alexandra Seros Sells 45,120 Shares of Entravision Communications (NYSE:EVC) Stock

Entravision Communications Corporation (NYSE:EVC) major shareholder Alexandra Seros sold 45,120 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $2.93, for a total transaction of $132,201.60. Following the transaction, the insider owned 11,025,053 shares of the company’s stock, valued at approximately $32,303,405.29. This represents a 0.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Major 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 Friday, November 14th, Alexandra Seros sold 46,064 shares of Entravision Communications stock. The shares were sold at an average price of $2.77, for a total transaction of $127,597.28.
• On Thursday, November 13th, Alexandra Seros sold 57,978 shares of Entravision Communications stock. The stock was sold at an average price of $2.86, for a total value of $165,817.08.
• On Monday, November 10th, Alexandra Seros sold 23,093 shares of Entravision Communications stock. The shares were sold at an average price of $2.95, for a total value of $68,124.35.
• On Friday, November 7th, Alexandra Seros sold 69,090 shares of Entravision Communications stock. The stock was sold at an average price of $2.86, for a total value of $197,597.40.
• On Thursday, November 6th, Alexandra Seros sold 157,817 shares of Entravision Communications stock. The shares were sold at an average price of $2.75, for a total value of $433,996.75.
• 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 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 stock was sold at an average price of $2.48, for a total transaction of $60,410.32.
• On Monday, September 8th, Alexandra Seros sold 32,911 shares of Entravision Communications stock. The stock was sold at an average price of $2.48, for a total transaction of $81,619.28.
• On Friday, September 5th, Alexandra Seros sold 22,157 shares of Entravision Communications stock. The stock was sold at an average price of $2.47, for a total transaction of $54,727.79.

Entravision Communications Stock Down 0.2%

Shares of NYSE:EVC traded down $0.01 during mid-day trading on Friday, reaching $2.86. 381,774 shares of the stock were exchanged, compared to its average volume of 326,544. The stock’s 50 day simple moving average is $2.34 and its 200-day simple moving average is $2.29. Entravision Communications Corporation has a one year low of $1.58 and a one year high of $3.15. The company has a market cap of $259.74 million, a P/E ratio of -2.16 and a beta of 1.63. The company has a quick ratio of 2.48, a current ratio of 2.48 and a debt-to-equity ratio of 1.91.

Entravision Communications (NYSE:EVC) last released its quarterly earnings results on Tuesday, November 4th. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $120.63 million for 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 firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be given a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $0.20 dividend on an annualized basis and a yield of 7.0%. Entravision Communications’s dividend payout ratio (DPR) is -15.38%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Entravision Communications in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Entravision Communications currently has an average rating of “Sell”.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in EVC. Nuveen LLC bought a new stake in Entravision Communications in the 1st quarter valued at $366,000. Segall Bryant & Hamill LLC acquired a new position in shares of Entravision Communications in the first quarter valued at $329,000. Kingsview Wealth Management LLC bought a new position in Entravision Communications in the 1st quarter valued at about $31,000. R Squared Ltd acquired a new stake in Entravision Communications during the 2nd quarter worth approximately $44,000. Finally, Corsair Capital Management L.P. bought a new stake in shares of Entravision Communications in the first quarter valued at about $55,000. 69.46% of the stock is currently owned by institutional investors.

About Entravision Communications

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.