Insider Buying: MediaCo Holding Inc. (NASDAQ:MDIA) Major Shareholder Purchases 3,000 Shares of Stock

MediaCo Holding Inc. (NASDAQ:MDIA) major shareholder General L.P. Standard purchased 3,000 shares of MediaCo stock in a transaction on Wednesday, January 12th. The stock was bought at an average price of $6.35 per share, with a total value of $19,050.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

General L.P. Standard also recently made the following trade(s):

  • On Friday, January 14th, General L.P. Standard purchased 12,591 shares of MediaCo stock. The stock was bought at an average price of $5.79 per share, with a total value of $72,901.89.
  • On Monday, January 10th, General L.P. Standard purchased 2,900 shares of MediaCo stock. The stock was bought at an average price of $5.79 per share, with a total value of $16,791.00.
  • On Friday, January 7th, General L.P. Standard purchased 6,638 shares of MediaCo stock. The stock was bought at an average price of $5.71 per share, with a total value of $37,902.98.
  • On Wednesday, January 5th, General L.P. Standard acquired 14,614 shares of MediaCo stock. The shares were acquired at an average price of $5.81 per share, with a total value of $84,907.34.
  • On Monday, January 3rd, General L.P. Standard acquired 13,635 shares of MediaCo stock. The shares were acquired at an average price of $5.44 per share, with a total value of $74,174.40.
  • On Wednesday, December 29th, General L.P. Standard acquired 12,500 shares of MediaCo stock. The shares were acquired at an average price of $4.60 per share, with a total value of $57,500.00.
  • On Monday, December 27th, General L.P. Standard purchased 41,974 shares of MediaCo stock. The shares were purchased at an average price of $4.54 per share, for a total transaction of $190,561.96.
  • On Thursday, December 23rd, General L.P. Standard purchased 5,746 shares of MediaCo stock. The shares were purchased at an average price of $4.19 per share, for a total transaction of $24,075.74.
  • On Tuesday, December 21st, General L.P. Standard purchased 26,977 shares of MediaCo stock. The shares were purchased at an average price of $4.21 per share, for a total transaction of $113,573.17.

MediaCo stock opened at $5.52 on Friday. MediaCo Holding Inc. has a fifty-two week low of $2.50 and a fifty-two week high of $17.40. The firm’s 50-day simple moving average is $5.25 and its 200 day simple moving average is $6.75.

MediaCo (NASDAQ:MDIA) last announced its quarterly earnings data on Friday, November 12th. The company reported ($0.26) EPS for the quarter. The business had revenue of $17.82 million for the quarter.

Hedge funds have recently made changes to their positions in the business. FNY Investment Advisers LLC bought a new stake in shares of MediaCo in the third quarter valued at approximately $30,000. Virtu Financial LLC bought a new stake in shares of MediaCo in the second quarter valued at approximately $42,000. Finally, Geode Capital Management LLC bought a new stake in shares of MediaCo in the second quarter valued at approximately $43,000.

About MediaCo

MediaCo Holding Inc owns and operates radio stations in the United States. It operates in two segments, Radio and Outdoor Advertising. The Radio segment engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City metropolitan area. The Outdoor Advertising segment operates advertising displays, such as bulletins, posters, and digital billboards primarily in Kentucky, West Virginia, Florida, and Georgia.

Further Reading: Leveraged Buyout (LBO)

Insider Buying and Selling by Quarter for MediaCo (NASDAQ:MDIA)

Receive News & Ratings for MediaCo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MediaCo and related companies with MarketBeat.com's FREE daily email newsletter.