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

Grupo Televisa S.A. (NYSE:TV) Director Michael Fries sold 44,500 shares of the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $0.57, for a total value of $25,365.00. Following the completion of the sale, the director directly owned 838,275 shares of the company’s stock, valued at $477,816.75. The trade was a 5.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Grupo Televisa Price Performance

Shares of NYSE TV opened at $2.86 on Friday. Grupo Televisa S.A. has a 1-year low of $1.79 and a 1-year high of $3.49. The business has a 50-day moving average of $2.95 and a 200-day moving average of $2.96. 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 has a market capitalization of $1.52 billion, a price-to-earnings ratio of -3.52, a PEG ratio of 0.90 and a beta of 1.61.

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. lifted its stake in shares of 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 shares of Grupo Televisa by 10.4% in the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock worth $60,811,000 after acquiring an additional 1,975,268 shares in the last quarter. Gabelli Funds LLC lifted its stake in shares of Grupo Televisa by 9.8% in the fourth quarter. Gabelli Funds LLC now owns 7,686,600 shares of the company’s stock worth $22,368,000 after acquiring an additional 687,500 shares in the last quarter. Marshall Wace LLP lifted its stake in shares of Grupo Televisa by 732.1% in the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock worth $4,213,000 after acquiring an additional 1,273,818 shares in the last quarter. Finally, UBS Group AG lifted its stake in shares of Grupo Televisa by 216.4% in the fourth quarter. UBS Group AG now owns 1,161,678 shares of the company’s stock worth $3,380,000 after acquiring an additional 794,514 shares in the last quarter. Institutional investors and hedge funds own 55.77% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on TV. UBS Group upped their target price on Grupo Televisa from $2.60 to $3.70 and gave the stock a “neutral” rating in a research report on Wednesday, April 22nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. Zacks Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Finally, Wall Street Zen upgraded Grupo Televisa from a “hold” rating to a “buy” rating in a research note on Saturday. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price 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.