.png "EW Scripps (NASDAQ: SSP)")
Today, the VP & CIO of EW Scripps (SSP), Robert Carson, bought shares of SSP for $6,444.
Following this transaction Robert Carson’s holding in the company was increased by 16.86% to a total of $113.5K. Following Robert Carson’s last SSP Buy transaction on March 12, 2018, the stock climbed by 4.0%.
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Based on EW Scripps’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $303 million and quarterly net profit of $18.82 million. In comparison, last year the company earned revenue of $216 million and had a GAAP net loss of $26.68 million. Currently, EW Scripps has an average volume of 494.6K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $19.67, reflecting a 12.2% upside.
The insider sentiment on EW Scripps has been positive according to 118 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Robert Carson’s trades have generated a 2.1% 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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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.
