Today it was reported that the Chairman,CEO of Emmis Communications Corp (NASDAQ: EMMS), Jeffrey Smulyan, exercised options to sell 100,499 EMMS shares at $2.49 a share, for a total transaction value of $430.2K.
Following Jeffrey Smulyan’s last EMMS Sell transaction on October 28, 2016, the stock climbed by 0.8%. In addition to Jeffrey Smulyan, one other EMMS executive reported Sell trades in the last month.
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EMMS’s market cap is $56.17M and the company has a P/E ratio of 1.62. Currently, Emmis Communications Corp has an average volume of 7,322.
The insider sentiment on Emmis Communications Corp has been negative according to 53 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Jeffrey Smulyan’s trades have generated a -8.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Emmis Communications Corp. is a media company, which engages in radio broadcasting. The company owns and operates radio and magazine entities in large and medium sized markets. It operates through the following segments: Radio, Publishing, and Corporate and Emerging Technologies.
