Grupo Televisa (NYSE:TV) Director Sells $66,405.00 in Stock

Grupo Televisa S.A. (NYSE:TVGet Free Report) Director Dahlhaus Jean Michel Enriquez sold 116,500 shares of Grupo Televisa stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $0.57, for a total transaction of $66,405.00. Following the completion of the transaction, the director directly owned 116,500 shares of the company’s stock, valued at approximately $66,405. This trade represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Dahlhaus Jean Michel Enriquez also recently made the following trade(s):

  • On Monday, May 4th, Dahlhaus Jean Michel Enriquez sold 44,500 shares of Grupo Televisa stock. The shares were sold at an average price of $0.57, for a total transaction of $25,365.00.

Grupo Televisa Stock Performance

Shares of TV opened at $2.67 on Friday. The firm has a 50-day moving average of $2.91 and a 200-day moving average of $2.98. Grupo Televisa S.A. has a one year low of $1.86 and a one year high of $3.49. The company has a market cap of $1.42 billion, a PE ratio of -3.29, a price-to-earnings-growth ratio of 0.90 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.

Grupo Televisa (NYSE:TVGet Free Report) last announced its earnings results on Saturday, February 14th. The company reported ($0.80) EPS 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%. As a group, equities analysts forecast that Grupo Televisa S.A. will post 0.09 earnings per share for the current year.

Analysts Set New Price Targets

TV has been the subject of a number of recent research reports. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. UBS Group dropped their target price on shares of Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating for the company in a research report on Monday, May 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. Finally, Wall Street Zen cut shares of Grupo Televisa from a “strong-buy” rating to a “buy” rating in a research report on Sunday. 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’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $5.27.

Check Out Our Latest Stock Report on Grupo Televisa

Hedge Funds Weigh In On Grupo Televisa

A number of institutional investors have recently added to or reduced their stakes in the stock. TD Private Client Wealth LLC increased its position in Grupo Televisa by 32.1% during the 4th quarter. TD Private Client Wealth LLC now owns 14,111 shares of the company’s stock worth $41,000 after purchasing an additional 3,426 shares in the last quarter. Corient Private Wealth LLC increased its position in Grupo Televisa by 2.8% during the 2nd quarter. Corient Private Wealth LLC now owns 237,177 shares of the company’s stock worth $519,000 after purchasing an additional 6,518 shares in the last quarter. Squarepoint Ops LLC increased its position in Grupo Televisa by 22.8% during the 4th quarter. Squarepoint Ops LLC now owns 38,683 shares of the company’s stock worth $113,000 after purchasing an additional 7,176 shares in the last quarter. R Squared Ltd increased its position in Grupo Televisa by 16.8% during the 4th quarter. R Squared Ltd now owns 54,574 shares of the company’s stock worth $159,000 after purchasing an additional 7,862 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in Grupo Televisa by 135.8% during the 4th 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 in the last quarter. 55.77% of the stock is currently owned by institutional investors and hedge funds.

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.

Further Reading

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

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