Today, a Major Shareholder at EW Scripps (NYSE: SSP), Paul Scripps, bought shares of SSP for $466.5K.
In addition to Paul Scripps, 9 other SSP executives reported Buy trades in the last month. This recent transaction increases Paul Scripps’ holding in the company by 6.42% to a total of $11.32 million.
See today’s analyst top recommended stocks >>
Based on EW Scripps’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $254 million and GAAP net loss of $26.45 million. In comparison, last year the company earned revenue of $211 million and had a GAAP net loss of $1.94 million. Currently, EW Scripps has an average volume of 31.59K.
Starting in March 2018, SSP received 6 Buy ratings in a row. Four different firms, including Evercore ISI and J.P. Morgan, currently also have a Buy rating on the stock.
The insider sentiment on EW Scripps has been positive according to 77 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
The E.W. Scripps Co. engages in the television and newspaper publishing. It operates through the following business segments: Local Media, National Media, and Others. The Local Media segment is comprised of its local broadcast television stations and their related digital operations.
