Samantha Brickner Purchases 46,412 Shares of E.W. Scripps (NASDAQ:SSP) Stock

E.W. Scripps Company (The) (NASDAQ:SSP) major shareholder Samantha Brickner acquired 46,412 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was purchased at an average price of $4.59 per share, for a total transaction of $213,031.08. Following the purchase, the insider owned 110,433 shares of the company’s stock, valued at $506,887.47. The trade was a 72.49% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

E.W. Scripps Price Performance

NASDAQ SSP traded down $0.23 on Wednesday, hitting $4.17. 921,662 shares of the stock traded hands, compared to its average volume of 627,969. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.65 and a quick ratio of 1.65. The business’s fifty day moving average is $3.70 and its two-hundred day moving average is $3.40. E.W. Scripps Company has a 12 month low of $1.72 and a 12 month high of $4.98.

E.W. Scripps (NASDAQ:SSP) last issued its quarterly earnings results on Wednesday, February 25th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.52). The firm had revenue of $560.26 million for the quarter, compared to analysts’ expectations of $550.82 million. E.W. Scripps had a negative net margin of 4.69% and a negative return on equity of 0.27%. As a group, research analysts forecast that E.W. Scripps Company will post 1.07 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. XTX Topco Ltd increased its position in shares of E.W. Scripps by 47.2% during the second quarter. XTX Topco Ltd now owns 351,406 shares of the company’s stock valued at $1,033,000 after buying an additional 112,608 shares during the period. New York State Common Retirement Fund boosted its position in shares of E.W. Scripps by 142.3% in the third quarter. New York State Common Retirement Fund now owns 2,318,987 shares of the company’s stock valued at $5,705,000 after acquiring an additional 1,361,721 shares during the period. Teton Advisors LLC purchased a new position in E.W. Scripps during the third quarter valued at approximately $728,000. Acadian Asset Management LLC grew its stake in E.W. Scripps by 6.4% during the second quarter. Acadian Asset Management LLC now owns 1,231,807 shares of the company’s stock valued at $3,618,000 after acquiring an additional 74,435 shares in the last quarter. Finally, Bailard Inc. increased its holdings in E.W. Scripps by 47.5% during the 2nd quarter. Bailard Inc. now owns 89,600 shares of the company’s stock worth $263,000 after acquiring an additional 28,858 shares during the period. Hedge funds and other institutional investors own 67.81% of the company’s stock.

Key E.W. Scripps News

Here are the key news stories impacting E.W. Scripps this week:

• Positive Sentiment: Analysts’ average price target of $6.95 implies meaningful upside versus the stock’s current trading range, supporting buyer interest. E.W. Scripps Company (The) (NASDAQ:SSP) Receives $6.95 Average Price Target from Brokerages
• Positive Sentiment: Large, high‑visibility insider purchase: major shareholder Margaret Scripps Klenzing bought 159,515 shares (~27% increase to her stake) at about $4.64 — a sizable vote of confidence that can attract other investors. SEC Filing – Margaret Scripps Klenzing
• Positive Sentiment: Multiple additional insider buys (Corina S. Granado, Eaton M. Scripps, Anthony S. Granado, Elizabeth Scripps and director Raymundo H. Jr. Granado made recent purchases totaling hundreds of thousands of shares across insiders), reinforcing the bullish signal from family/major holders. (See SEC filings for details.) Corina S. Granado SEC Filing Eaton M. Scripps SEC Filing Anthony S. Granado SEC Filing Elizabeth Scripps SEC Filing Raymundo H. Jr. Granado SEC Filing
• Neutral Sentiment: Short-interest numbers in the provided snapshot are inconsistent (showing 0 shares / NaN changes) and are unreliable as a near‑term signal until validated by an exchange short-interest report.
• Negative Sentiment: Company fundamentals remain mixed: SSP missed on EPS in the Feb. 25 quarter (reported $(0.06) vs. a consensus $0.46) and carries a high debt‑to‑equity ratio (~3.13), which are longer‑term headwinds that could cap upside absent improving margins or guidance. SSP Financials & Earnings

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on SSP shares. Wells Fargo & Company increased their target price on shares of E.W. Scripps from $3.00 to $3.90 and gave the stock an “equal weight” rating in a research report on Thursday, January 22nd. Benchmark boosted their price target on shares of E.W. Scripps from $8.00 to $10.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Guggenheim restated a “neutral” rating on shares of E.W. Scripps in a research note on Friday, March 6th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of E.W. Scripps in a report on Monday, December 22nd. Finally, Zacks Research cut shares of E.W. Scripps from a “hold” rating to a “strong sell” rating in a report on Friday, February 27th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $6.95.

E.W. Scripps Company Profile

The E.W. Scripps Company is a diversified U.S. media organization headquartered in Cincinnati, Ohio. Established in 1878 by Edward Willis Scripps, the company began as a newspaper publisher before expanding into broadcast television, cable networks and digital journalism. Today, Scripps combines a legacy of local news reporting with a growing portfolio of national cable channels and digital platforms.

Scripps operates more than 60 television stations across over 40 markets, delivering local news, weather, sports and entertainment programming to communities in both large and mid-sized U.S.