Insider Selling: Grupo Televisa (NYSE:TV) Director Sells $112,001.68 in Stock

Grupo Televisa S.A. (NYSE:TV) Director Viadero Salvi Rafael Folch sold 200,003 shares of the firm’s stock in a transaction that occurred on Monday, May 25th. The shares were sold at an average price of $0.56, for a total value of $112,001.68. Following the completion of the sale, the director directly owned 32,997 shares of the company’s stock, valued at $18,478.32. This trade represents a 85.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Viadero Salvi Rafael Folch also recently made the following trade(s):

• On Tuesday, May 26th, Viadero Salvi Rafael Folch sold 32,997 shares of Grupo Televisa stock. The shares were sold at an average price of $0.56, for a total value of $18,478.32.
• On Monday, May 4th, Viadero Salvi Rafael Folch sold 44,500 shares of Grupo Televisa stock. The shares were sold at an average price of $0.57, for a total value of $25,365.00.

Grupo Televisa Trading Down 3.8%

Shares of Grupo Televisa stock opened at $2.67 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.36 and a current ratio of 2.39. Grupo Televisa S.A. has a 52 week low of $1.86 and a 52 week high of $3.49. The stock has a 50 day moving average price of $2.91 and a two-hundred day moving average price of $2.98. The stock has a market capitalization of $1.42 billion, a PE ratio of -3.29, a price-to-earnings-growth ratio of 0.93 and a beta of 1.61.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Personalized Indexing Management LLC purchased a new position in Grupo Televisa in the third quarter worth $28,000. SmartHarvest Portfolios LLC purchased a new position in Grupo Televisa in the first quarter worth $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Grupo Televisa in the fourth quarter worth $32,000. AXQ Capital LP purchased a new position in Grupo Televisa in the fourth quarter worth $35,000. Finally, Diversified Trust Co. purchased a new position in Grupo Televisa in the fourth quarter worth $38,000. Hedge funds and other institutional investors own 55.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. UBS Group cut their target price on Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. Finally, Wall Street Zen raised Grupo Televisa from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $5.27.

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.