Townsquare Media (NYSE:TSQ) CEO Bill Wilson Sells 126,744 Shares

Townsquare Media, Inc. (NYSE:TSQ) CEO Bill Wilson sold 126,744 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $5.61, for a total transaction of $711,033.84. Following the sale, the chief executive officer owned 3,000,481 shares of the company’s stock, valued at $16,832,698.41. This trade represents a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Bill Wilson also recently made the following trade(s):

• On Wednesday, August 12th, Bill Wilson sold 21,420 shares of Townsquare Media stock. The shares were sold at an average price of $5.54, for a total value of $118,666.80.

Townsquare Media Stock Performance

Townsquare Media stock opened at $5.65 on Thursday. The business’s 50-day simple moving average is $6.49 and its 200-day simple moving average is $6.49. Townsquare Media, Inc. has a 52 week low of $4.30 and a 52 week high of $7.97. The firm has a market capitalization of $96.61 million, a PE ratio of -1.96, a PEG ratio of 22.96 and a beta of 1.22.

Townsquare Media (NYSE:TSQ) last released its earnings results on Thursday, August 6th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.02. The firm had revenue of $114.00 million for the quarter, compared to analyst estimates of $114.74 million. Townsquare Media had a negative return on equity of 5.59% and a negative net margin of 11.82%. Research analysts forecast that Townsquare Media, Inc. will post 0.02 earnings per share for the current year.

Townsquare Media Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 26th will be paid a $0.20 dividend. The ex-dividend date is Monday, October 26th. This represents a $0.80 annualized dividend and a dividend yield of 14.2%. Townsquare Media’s dividend payout ratio (DPR) is presently -27.78%.

Key Headlines Impacting Townsquare Media

Here are the key news stories impacting Townsquare Media this week:

• Positive Sentiment: Expansion of digital advertising platform: Townsquare announced a partnership with Muirfield Broadcasting in North Carolina’s Sandhills and Moore County. Through its Media Partnerships division, Townsquare will provide proprietary technology and data-driven digital advertising services, expanding the platform to 16 alliances and 41 additional markets. The partnership could broaden Townsquare’s advertiser base and generate incremental digital revenue, although financial terms were not disclosed. Townsquare Announces Digital Advertising Partnership with Muirfield Broadcasting
• Neutral Sentiment: Digital growth remains strategically important: Townsquare said digital advertising now contributes more than half of its total revenue and profit. The partnership model may support further diversification away from traditional broadcast advertising, but the company has not provided performance data for the Media Partnerships division.
• Negative Sentiment: CEO reduced his stake: CEO Bill Wilson sold 126,744 shares for approximately $711,000 on August 11 and another 21,420 shares for roughly $119,000 on August 12. The combined sales reduced his ownership by about 148,000 shares, or approximately 4.8% of his position across the disclosed transactions. Although he continues to own nearly 3.0 million shares, repeated insider selling can weigh on investor sentiment. SEC Insider Transaction Filing
• Negative Sentiment: Analyst estimates were cut: Noble Financial lowered its Q3 2026 EPS forecast to $0.14 from $0.15, reduced its Q4 estimate to $0.16 from $0.33, and cut its FY2027 forecast to $0.55 from $0.69. The revisions suggest expectations for weaker near-term profitability and may limit the stock’s upside.

Wall Street Analyst Weigh In

A number of analysts have weighed in on TSQ shares. Barrington Research reissued an “outperform” rating and issued a $10.00 price target on shares of Townsquare Media in a report on Monday, May 11th. Weiss Ratings downgraded shares of Townsquare Media from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday. Zacks Research lowered shares of Townsquare Media from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Finally, Wall Street Zen cut shares of Townsquare Media from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $10.00.

Institutional Trading of Townsquare Media

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in Townsquare Media during the second quarter valued at approximately $33,000. Algert Global LLC acquired a new position in shares of Townsquare Media in the 3rd quarter worth approximately $72,000. Occudo Quantitative Strategies LP acquired a new position in shares of Townsquare Media in the 2nd quarter worth approximately $101,000. XTX Topco Ltd acquired a new position in shares of Townsquare Media in the 4th quarter worth approximately $83,000. Finally, Rhumbline Advisers lifted its position in shares of Townsquare Media by 23.2% during the 1st quarter. Rhumbline Advisers now owns 18,036 shares of the company’s stock worth $147,000 after buying an additional 3,393 shares during the period. Institutional investors own 71.69% of the company’s stock.

Townsquare Media Company Profile

Townsquare Media, Inc (NYSE: TSQ) is a diversified media and entertainment company that operates primarily in small and mid-sized markets across the United States. The company owns and manages over 300 local radio stations that deliver music, news, sports and community programming to listeners. In addition to its core broadcasting business, Townsquare Media provides digital marketing solutions and advertising services through its proprietary platforms and specialized agencies, helping local businesses connect with consumers via targeted online campaigns.

Founded in 2010 and headquartered in Purchase, New York, Townsquare Media has grown its footprint through strategic acquisitions and the development of a broad digital portfolio.