Insider Selling: Grupo Televisa (NYSE:TV) Director Sells $25,365.00 in Stock

Grupo Televisa S.A. (NYSE:TV) Director Dahlhaus Jean Michel Enriquez sold 44,500 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $0.57, for a total transaction of $25,365.00. Following the sale, the director directly owned 233,000 shares of the company’s stock, valued at $132,810. The trade was a 16.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Grupo Televisa Stock Up 0.9%

TV stock opened at $2.86 on Friday. The firm has a 50 day moving average of $2.95 and a 200 day moving average of $2.96. The stock has a market capitalization of $1.52 billion, a PE ratio of -3.52, a price-to-earnings-growth ratio of 0.90 and a beta of 1.61. The company has a quick ratio of 2.36, a current ratio of 2.39 and a debt-to-equity ratio of 0.04. Grupo Televisa S.A. has a 52 week low of $1.79 and a 52 week high of $3.49.

Grupo Televisa (NYSE:TV) last released its earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. The company had revenue of $807.20 million for the quarter. Grupo Televisa had a negative return on equity of 7.65% and a negative net margin of 13.93%. Sell-side analysts forecast that Grupo Televisa S.A. will post 0.09 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. QRG Capital Management Inc. purchased a new position in shares of Grupo Televisa during the first quarter worth $51,000. SmartHarvest Portfolios LLC purchased a new position in shares of Grupo Televisa during the first quarter worth $30,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Grupo Televisa by 135.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 15,499 shares of the company’s stock worth $45,000 after purchasing an additional 8,926 shares during the last quarter. Virtu Financial LLC raised its holdings in shares of Grupo Televisa by 96.1% during the fourth quarter. Virtu Financial LLC now owns 56,003 shares of the company’s stock worth $163,000 after purchasing an additional 27,445 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Grupo Televisa by 12.1% during the fourth quarter. Invesco Ltd. now owns 165,287 shares of the company’s stock worth $481,000 after purchasing an additional 17,847 shares during the last quarter. Hedge funds and other institutional investors own 55.77% of the company’s stock.

Analyst Ratings Changes

TV has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a report on Monday, April 20th. Wall Street Zen raised shares of Grupo Televisa from a “hold” rating to a “buy” rating in a report on Saturday. UBS Group raised their price target on shares of Grupo Televisa from $2.60 to $3.70 and gave the stock a “neutral” rating in a report on Wednesday, April 22nd. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. Finally, Zacks Research raised shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. One equities 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 stock. Based on data from MarketBeat, Grupo Televisa currently has a consensus rating of “Hold” and an average price target of $5.43.

About Grupo Televisa

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.