Grupo Televisa (NYSE:TV) Insider Francisco Valim Sells 225,000 Shares

Grupo Televisa S.A. (NYSE:TVGet Free Report) insider Francisco Valim sold 225,000 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $0.57, for a total transaction of $128,250.00. Following the sale, the insider directly owned 225,000 shares of the company’s stock, valued at approximately $128,250. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Grupo Televisa Trading Down 1.6%

TV opened at $2.84 on Friday. Grupo Televisa S.A. has a fifty-two week low of $1.76 and a fifty-two week high of $3.49. The firm has a market capitalization of $1.51 billion, a PE ratio of -3.50, a P/E/G ratio of 0.92 and a beta of 1.61. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.39 and a quick ratio of 2.36. The company’s 50-day moving average is $2.95 and its 200 day moving average is $2.96.

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

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on TV shares. JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. Zacks Research raised shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. UBS Group increased their price objective on Grupo Televisa from $2.60 to $3.70 and gave the company a “neutral” rating in a report on Wednesday, April 22nd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $5.43.

Check Out Our Latest Research Report on Grupo Televisa

Hedge Funds Weigh In On Grupo Televisa

Institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its position in Grupo Televisa by 21.8% in the fourth quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock worth $79,488,000 after acquiring an additional 4,888,475 shares in the last quarter. Gamco Investors INC. ET AL lifted its stake in Grupo Televisa by 10.4% during the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock worth $60,811,000 after purchasing an additional 1,975,268 shares during the last quarter. Gabelli Funds LLC boosted its holdings in shares of Grupo Televisa by 9.8% in the 4th quarter. Gabelli Funds LLC now owns 7,686,600 shares of the company’s stock worth $22,368,000 after purchasing an additional 687,500 shares in the last quarter. Marshall Wace LLP increased its position in shares of Grupo Televisa by 732.1% during the 4th quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock valued at $4,213,000 after purchasing an additional 1,273,818 shares during the last quarter. Finally, UBS Group AG raised its holdings in shares of Grupo Televisa by 216.4% during the 4th quarter. UBS Group AG now owns 1,161,678 shares of the company’s stock valued at $3,380,000 after buying an additional 794,514 shares in the last quarter. Institutional investors own 55.77% of the company’s stock.

Grupo Televisa Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Grupo Televisa (NYSE:TV)

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