E.W. Scripps (NASDAQ:SSP) Major Shareholder Anthony Granado Purchases 6,852 Shares

E.W. Scripps Company (The) (NASDAQ:SSP) major shareholder Anthony Granado acquired 6,852 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was acquired at an average price of $4.43 per share, with a total value of $30,354.36. Following the completion of the transaction, the insider directly owned 41,512 shares of the company’s stock, valued at $183,898.16. This trade represents a 19.77% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

E.W. Scripps Price Performance

SSP stock opened at $4.40 on Wednesday. E.W. Scripps Company has a 52-week low of $1.36 and a 52-week high of $4.98. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 3.13. The stock has a market cap of $390.72 million, a price-to-earnings ratio of -2.35 and a beta of 0.54. The business has a fifty day moving average of $3.70 and a two-hundred day moving average of $3.40.

E.W. Scripps (NASDAQ:SSP) last released its quarterly earnings results on Wednesday, February 25th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.52). The business had revenue of $560.26 million for the quarter, compared to analysts’ expectations of $550.82 million. E.W. Scripps had a negative return on equity of 0.27% and a negative net margin of 4.69%. As a group, research analysts anticipate that E.W. Scripps Company will post 1.07 earnings per share for the current year.

E.W. Scripps News Roundup

Here are the key news stories impacting E.W. Scripps this week:

• Positive Sentiment: Analysts set an average price target of $6.95 for SSP, signaling material upside from current levels and providing a justification for investor buying interest. E.W. Scripps Company (The) (NASDAQ:SSP) Receives $6.95 Average Price Target from Brokerages
• Positive Sentiment: Major shareholder Margaret Scripps Klenzing bought 159,515 shares at about $4.64 (a ~27% increase in her holding) — a large, high‑visibility insider buy that typically signals confidence in the stock. SEC Filing – Margaret Scripps Klenzing
• Positive Sentiment: Other significant insider purchases reported: Corina S. Granado (79,758 shares), Eaton M. Scripps (41,017 shares), Anthony S. Granado (multiple buys totaling >12k shares), and Elizabeth Scripps (3,077 shares) — collective buys by major holders strengthen the bullish signal. (Individual SEC links: Corina Corina S. Granado SEC Filing; Eaton Eaton M. Scripps SEC Filing; Anthony/Elizabeth filings listed in news feed.)
• Neutral Sentiment: Short-interest data in the reports is inconsistent / shows 0 shares (and NaN increases), so there’s no clear short-pressure signal from these snapshots; treat the short-interest figures as unreliable until confirmed by an exchange report.
• Negative Sentiment: Recent fundamentals remain mixed: SSP posted a quarterly EPS miss on Feb. 25 and carries a high debt-to-equity ratio (~3.13). Those factors are longer‑term headwinds that can limit sustained upside absent improving cash flow or margin guidance.

Analyst Ratings Changes

A number of brokerages have weighed in on SSP. Benchmark lifted their price target on shares of E.W. Scripps from $8.00 to $10.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Guggenheim reaffirmed a “neutral” rating on shares of E.W. Scripps in a research report on Friday. Zacks Research cut E.W. Scripps from a “hold” rating to a “strong sell” rating in a research note on Friday, February 27th. Wells Fargo & Company upped their target price on shares of E.W. Scripps from $3.00 to $3.90 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of E.W. Scripps in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $6.95.

Institutional Trading of E.W. Scripps

Several institutional investors and hedge funds have recently made changes to their positions in SSP. Invesco Ltd. grew its stake in E.W. Scripps by 1.4% during the 4th quarter. Invesco Ltd. now owns 246,777 shares of the company’s stock worth $985,000 after buying an additional 3,472 shares during the last quarter. Empowered Funds LLC increased its position in E.W. Scripps by 11.1% during the fourth quarter. Empowered Funds LLC now owns 427,036 shares of the company’s stock worth $1,704,000 after buying an additional 42,542 shares during the period. Stokes Family Office LLC purchased a new stake in E.W. Scripps in the fourth quarter valued at approximately $75,000. Bridgeway Capital Management LLC boosted its holdings in shares of E.W. Scripps by 13.7% in the fourth quarter. Bridgeway Capital Management LLC now owns 808,936 shares of the company’s stock valued at $3,228,000 after acquiring an additional 97,542 shares during the period. Finally, GAM Holding AG acquired a new stake in shares of E.W. Scripps in the fourth quarter valued at approximately $319,000. 67.81% of the stock is owned by hedge funds and other institutional investors.

E.W. Scripps Company Profile

The E.W. Scripps Company is a diversified U.S. media organization headquartered in Cincinnati, Ohio. Established in 1878 by Edward Willis Scripps, the company began as a newspaper publisher before expanding into broadcast television, cable networks and digital journalism. Today, Scripps combines a legacy of local news reporting with a growing portfolio of national cable channels and digital platforms.

Scripps operates more than 60 television stations across over 40 markets, delivering local news, weather, sports and entertainment programming to communities in both large and mid-sized U.S.