Saga Communications (NYSEAMERICAN:SGA) Stock Price Crosses Above Two Hundred Day Moving Average of $0.00

Saga Communications, Inc. (NYSEAMERICAN:SGA) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $29.07. Saga Communications shares last traded at $28.90, with a volume of 672 shares trading hands.

Saga Communications (NYSEAMERICAN:SGA) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.80 EPS for the quarter. The firm had revenue of $32.19 million for the quarter.

In other Saga Communications news, major shareholder Towerview Llc acquired 3,605 shares of the business’s stock in a transaction on Wednesday, May 22nd. The shares were acquired at an average price of $28.08 per share, for a total transaction of $101,228.40. Following the completion of the acquisition, the insider now owns 1,170,000 shares in the company, valued at $32,853,600. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Saga Communications by 1.6% in the second quarter. Vanguard Group Inc. now owns 203,519 shares of the company’s stock worth $6,358,000 after purchasing an additional 3,181 shares during the last quarter. BlackRock Inc. boosted its holdings in Saga Communications by 0.5% in the second quarter. BlackRock Inc. now owns 293,321 shares of the company’s stock worth $9,164,000 after purchasing an additional 1,502 shares during the last quarter. Northern Trust Corp boosted its holdings in Saga Communications by 1.6% in the second quarter. Northern Trust Corp now owns 55,451 shares of the company’s stock worth $1,732,000 after purchasing an additional 848 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in Saga Communications by 5.7% in the second quarter. Renaissance Technologies LLC now owns 153,955 shares of the company’s stock worth $4,810,000 after purchasing an additional 8,248 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Saga Communications by 2.5% in the second quarter. Bank of New York Mellon Corp now owns 37,638 shares of the company’s stock worth $1,176,000 after purchasing an additional 903 shares during the last quarter.

About Saga Communications (NYSEAMERICAN:SGA)

Saga Communications, Inc, a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, adult hits, top 40, country, country legends, mainstream/hot/soft adult contemporary, pure oldies, classic rock, and news/talk.

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