Today it was reported that a Director at Emmis Communications Corp (EMMS), Richard Leventhal, exercised options to buy 1,829 EMMS shares at $1.12 a share, for a total transaction value of $2,048. The options were close to expired and Richard Leventhal retained stocks.
This is Leventhal’s first Buy trade following 10 Sell transactions. Following Richard Leventhal’s last EMMS Buy transaction on November 02, 2017, the stock climbed by 2.3%.
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EMMS’s market cap is $74.53M and the company has a P/E ratio of 3.29. Currently, Emmis Communications Corp has an average volume of 44.78K.
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Emmis Communications Corp. is a media company, which engages in the business of radio broadcasting. It operates through the following segments: Radio, Publishing, and Corporate and Emerging Technologies. The company was founded by Jeffrey H. Smulyan in 1979 and is headquartered in Indianapolis, IN.
