Townsquare Media, Inc. (NYSE:TSQ) EVP Claire Marie Yenicay Sells 5,000 Shares

Townsquare Media, Inc. (NYSE:TSQ) EVP Claire Marie Yenicay sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $9.65, for a total transaction of $48,250.00. Following the transaction, the executive vice president now owns 207,393 shares of the company’s stock, valued at approximately $2,001,342.45. This trade represents a 2.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Claire Marie Yenicay also recently made the following trade(s):

• On Wednesday, December 18th, Claire Marie Yenicay sold 500 shares of Townsquare Media stock. The shares were sold at an average price of $9.85, for a total transaction of $4,925.00.

Townsquare Media Trading Up 0.4 %

NYSE TSQ opened at $9.65 on Friday. Townsquare Media, Inc. has a 12-month low of $9.47 and a 12-month high of $13.57. The company has a fifty day simple moving average of $10.00 and a two-hundred day simple moving average of $10.40. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 271.80. The stock has a market cap of $150.03 million, a P/E ratio of -3.56, a P/E/G ratio of 0.79 and a beta of 1.32.

Townsquare Media Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, February 1st. Investors of record on Tuesday, January 21st will be paid a $0.1975 dividend. The ex-dividend date is Tuesday, January 21st. This represents a $0.79 dividend on an annualized basis and a yield of 8.19%. Townsquare Media’s dividend payout ratio (DPR) is -29.15%.

Analysts Set New Price Targets

Several brokerages have recently commented on TSQ. Barrington Research reiterated an “outperform” rating and set a $17.00 price objective on shares of Townsquare Media in a report on Thursday, November 7th. StockNews.com upgraded Townsquare Media from a “hold” rating to a “buy” rating in a research note on Monday, November 11th.

Institutional Trading of Townsquare Media

Several large investors have recently added to or reduced their stakes in TSQ. Barclays PLC raised its stake in shares of Townsquare Media by 59.8% in the third quarter. Barclays PLC now owns 37,685 shares of the company’s stock worth $383,000 after purchasing an additional 14,109 shares during the last quarter. Geode Capital Management LLC raised its position in Townsquare Media by 0.4% during the 3rd quarter. Geode Capital Management LLC now owns 278,985 shares of the company’s stock worth $2,835,000 after buying an additional 1,151 shares during the last quarter. State Street Corp raised its position in Townsquare Media by 4.0% during the 3rd quarter. State Street Corp now owns 177,163 shares of the company’s stock worth $1,800,000 after buying an additional 6,800 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in Townsquare Media by 28.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,698 shares of the company’s stock valued at $68,000 after acquiring an additional 1,503 shares during the period. Finally, Copeland Capital Management LLC purchased a new stake in shares of Townsquare Media in the 3rd quarter valued at $39,000. Hedge funds and other institutional investors own 71.69% of the company’s stock.

Townsquare Media Company Profile

Townsquare Media, Inc operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services.