Today it was reported that the EVP, Gen Counsel & Secretary of Emmis Communications Corp (EMMS), Scott Enright, exercised options to sell 15,000 EMMS shares at $1.42 a share, for a total transaction value of $56.1K. The options were close to expired and Scott Enright disposed stocks.
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Based on Emmis Communications Corp’s latest earnings report for the quarter ending November 30, the company posted quarterly revenue of $30.32 million and quarterly net profit of $712K. In comparison, last year the company earned revenue of $30.13 million and had a net profit of $12.72 million. EMMS’s market cap is $47.91M and the company has a P/E ratio of 1.33. Currently, Emmis Communications Corp has an average volume of 5,891.
The insider sentiment on Emmis Communications Corp has been negative according to 52 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Scott Enright’s trades have generated a 28.2% 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.
