The EVP, Finance Op and Tech of Townsquare Media (TSQ) is Buying Shares


Yesterday, the EVP, Finance Op and Tech of Townsquare Media (NYSE: TSQ), Scott Schatz, bought shares of TSQ for $6,450.

This recent transaction increases Scott Schatz’s holding in the company by 100% to a total of $6,390. In addition to Scott Schatz, 3 other TSQ executives reported Buy trades in the last month.

See today’s analyst top recommended stocks >>

Based on Townsquare Media’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $94.23 million and GAAP net loss of $26.83 million. In comparison, last year the company earned revenue of $88.42 million and had a GAAP net loss of $3.05 million. Currently, Townsquare Media has an average volume of 72K.

Six different firms, including Barrington and Guggenheim, currently also have a Buy rating on the stock. Starting in May 2018, TSQ received 6 Buy ratings in a row.

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.

Townsquare Media, Inc. is a local media and entertainment and digital marketing services company. It owns and operates radio stations, digital and social properties and live events in small and mid-sized markets across the United States. The firm creates and distributes original entertainment, music and lifestyle content.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts