Penn Capital Management Company LLC Sells 317,077 Shares of E.W. Scripps Company (The) $SSP

Posted by Francis Steltz on May 27th, 2026

Penn Capital Management Company LLC decreased its stake in shares of E.W. Scripps Company (The) (NASDAQ:SSP – Free Report) by 8.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 3,282,529 shares of the company’s stock after selling 317,077 shares during the quarter. Penn Capital Management Company LLC’s holdings in E.W. Scripps were worth $13,111,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in SSP. Empowered Funds LLC increased its holdings in shares of E.W. Scripps by 8.6% during the 1st quarter. Empowered Funds LLC now owns 316,113 shares of the company’s stock worth $936,000 after purchasing an additional 25,070 shares during the period. Strs Ohio bought a new position in shares of E.W. Scripps during the 1st quarter worth about $117,000. Geode Capital Management LLC increased its holdings in shares of E.W. Scripps by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 1,516,298 shares of the company’s stock worth $4,459,000 after purchasing an additional 10,957 shares during the period. Creative Planning increased its holdings in shares of E.W. Scripps by 111.4% during the 2nd quarter. Creative Planning now owns 49,518 shares of the company’s stock worth $146,000 after purchasing an additional 26,090 shares during the period. Finally, American Century Companies Inc. increased its holdings in shares of E.W. Scripps by 14.6% during the 2nd quarter. American Century Companies Inc. now owns 152,443 shares of the company’s stock worth $448,000 after purchasing an additional 19,393 shares during the period. Institutional investors own 67.81% of the company’s stock.

E.W. Scripps Stock Performance

NASDAQ SSP opened at $3.42 on Wednesday. The stock has a market cap of $313.07 million, a P/E ratio of -1.85 and a beta of 0.72. The company’s 50-day simple moving average is $4.02 and its 200 day simple moving average is $3.92. E.W. Scripps Company has a twelve month low of $2.02 and a twelve month high of $5.39. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 3.08.

E.W. Scripps (NASDAQ:SSP – Get Free Report) last posted its earnings results on Friday, May 8th. The company reported ($0.20) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.52) by $0.32. The business had revenue of $516.87 million for the quarter, compared to analysts’ expectations of $516.86 million. E.W. Scripps had a negative net margin of 4.63% and a negative return on equity of 0.56%. As a group, research analysts forecast that E.W. Scripps Company will post 0.22 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SSP has been the topic of several research reports. Zacks Research upgraded shares of E.W. Scripps from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Guggenheim reissued a “neutral” rating on shares of E.W. Scripps in a research note on Friday, March 6th. Finally, Benchmark lowered their target price on shares of E.W. Scripps from $10.00 to $8.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $5.95.

Read Our Latest Report on E.W. Scripps

Insiders Place Their Bets

In other E.W. Scripps news, major shareholder Ellen B. Granado bought 18,000 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were acquired at an average price of $4.46 per share, with a total value of $80,280.00. Following the completion of the purchase, the insider directly owned 28,000 shares in the company, valued at $124,880. The trade was a 180.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Manuel E. Granado acquired 10,000 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were purchased at an average cost of $4.46 per share, for a total transaction of $44,600.00. Following the completion of the purchase, the insider directly owned 20,000 shares of the company’s stock, valued at approximately $89,200. The trade was a 100.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 1,333,347 shares of company stock valued at $5,738,221 and have sold 326,675 shares valued at $1,117,887. Insiders own 5.24% of the company’s stock.

E.W. Scripps Company Profile

(Free Report)

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.