Renaissance Technologies LLC Sells 43,871 Shares of Sinclair, Inc. $SBGI

Posted by Brenda Bartman on Aug 17th, 2026

Renaissance Technologies LLC cut its holdings in shares of Sinclair, Inc. (NASDAQ:SBGI – Free Report) by 44.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,200 shares of the company’s stock after selling 43,871 shares during the quarter. Renaissance Technologies LLC owned approximately 0.08% of Sinclair worth $714,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in shares of Sinclair by 5.9% in the fourth quarter. Vanguard Group Inc. now owns 3,934,311 shares of the company’s stock valued at $60,195,000 after acquiring an additional 220,623 shares during the last quarter. Madison Avenue Partners LP acquired a new position in Sinclair during the fourth quarter valued at approximately $13,918,000. Dimensional Fund Advisors LP boosted its position in Sinclair by 7.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,622,794 shares of the company’s stock valued at $21,001,000 after purchasing an additional 113,788 shares during the last quarter. UBS Group AG grew its stake in Sinclair by 46.7% in the fourth quarter. UBS Group AG now owns 180,880 shares of the company’s stock valued at $2,767,000 after purchasing an additional 57,616 shares in the last quarter. Finally, Indivisible Partners bought a new position in Sinclair in the fourth quarter valued at approximately $595,000. 41.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SBGI has been the topic of a number of analyst reports. Wells Fargo & Company dropped their price objective on Sinclair from $17.00 to $16.00 and set an “equal weight” rating on the stock in a research note on Friday, May 1st. Wall Street Zen lowered shares of Sinclair from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings cut shares of Sinclair from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Zacks Research downgraded shares of Sinclair from a “hold” rating to a “strong sell” rating in a research report on Monday, August 10th. Finally, Guggenheim lowered their price objective on shares of Sinclair from $20.00 to $19.00 and set a “buy” rating on the stock in a research note on Tuesday, May 5th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $19.20.

View Our Latest Stock Analysis on Sinclair

Insider Activity

In other news, EVP David B. Gibber sold 29,246 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $13.74, for a total transaction of $401,840.04. Following the completion of the sale, the executive vice president owned 184,244 shares in the company, valued at $2,531,512.56. The trade was a 13.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Daniel C. Keith sold 17,000 shares of the stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $15.02, for a total value of $255,340.00. Following the transaction, the director owned 25,122 shares in the company, valued at approximately $377,332.44. This trade represents a 40.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 42.10% of the stock is owned by corporate insiders.

Sinclair Stock Performance

Shares of Sinclair stock opened at $14.84 on Monday. The company has a debt-to-equity ratio of 13.28, a current ratio of 1.94 and a quick ratio of 1.94. The business has a fifty day simple moving average of $14.08 and a two-hundred day simple moving average of $14.30. Sinclair, Inc. has a 1 year low of $12.46 and a 1 year high of $17.88. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of 19.79 and a beta of 1.06.

Sinclair (NASDAQ:SBGI – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($1.06) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.82). The company had revenue of $840.00 million during the quarter, compared to analyst estimates of $838.99 million. Sinclair had a net margin of 1.60% and a negative return on equity of 16.09%. Sinclair’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.91) earnings per share. Research analysts forecast that Sinclair, Inc. will post 1.48 EPS for the current year.

Sinclair Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a $0.25 dividend. The ex-dividend date is Monday, August 31st. This represents a $1.00 dividend on an annualized basis and a yield of 6.7%. Sinclair’s dividend payout ratio is 133.33%.

Sinclair Company Profile

(Free Report)

Sinclair Broadcast Group, Inc (NASDAQ: SBGI) is a media and entertainment company headquartered in Hunt Valley, Maryland. Founded in 1971 as a single UHF television station operator, Sinclair has grown through strategic acquisitions and organic expansion to become one of the largest owners of local television stations in the United States. Over its history, the company has pursued a diversified portfolio that includes both traditional broadcast assets and newer digital platforms.

At its core, Sinclair operates over 190 television stations affiliated with the major national broadcast networks, including ABC, CBS, NBC, Fox, The CW and MyNetworkTV.