Insider Selling: Grupo Televisa (NYSE:TV) Insider Sells $25,365.00 in Stock

Grupo Televisa S.A. (NYSE:TV) insider Eguia Jose Antonio Chedraui sold 44,500 shares of Grupo Televisa stock in a transaction on Monday, May 4th. The shares were sold at an average price of $0.57, for a total value of $25,365.00. Following the completion of the transaction, the insider owned 845,573 shares in the company, valued at approximately $481,976.61. The trade was a 5.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Grupo Televisa Trading Up 0.9%

Shares of TV opened at $2.86 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 $1.79 and a 52-week high of $3.49. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of -3.52, a PEG ratio of 0.90 and a beta of 1.61. The business’s fifty day moving average is $2.95 and its 200-day moving average is $2.96.

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TV. Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a report on Monday, April 20th. Wall Street Zen raised Grupo Televisa from a “hold” rating to a “buy” rating in a report on Saturday. UBS Group raised their price objective on Grupo Televisa from $2.60 to $3.70 and gave the company a “neutral” rating in a report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $5.43.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TV. Invesco Ltd. acquired a new position in Grupo Televisa during the 1st quarter worth about $96,000. Canada Pension Plan Investment Board acquired a new position in Grupo Televisa during the 2nd quarter worth about $1,232,000. Banco BTG Pactual S.A. acquired a new position in Grupo Televisa during the 2nd quarter worth about $208,000. Jane Street Group LLC acquired a new position in Grupo Televisa during the 2nd quarter worth about $1,211,000. Finally, Bank of America Corp DE lifted its holdings in Grupo Televisa by 36.8% during the 2nd quarter. Bank of America Corp DE now owns 305,072 shares of the company’s stock worth $668,000 after buying an additional 82,118 shares during the period. 55.77% of the stock is owned by institutional investors and hedge funds.

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.