Townsquare Media Director Acquires $1,384,643 in Stock (TSQ)
Townsquare Media (NYSE:TSQ) Director Stephen A. Kaplan bought 132,375 shares of the company’s stock on the open market in a transaction that occurred on Friday, July 25th. The shares were purchased at an average price of $10.46 per share, for a total transaction of $1,384,642.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Townsquare Media (NYSE:TSQ) remained flat at $10.70 during during mid-day trading trading on Tuesday. 99,903 shares of the company’s stock traded hands. Townsquare Media has a one year low of $9.93 and a one year high of $10.85. The stock’s 50-day moving average is $10.53 and its 200-day moving average is $10.53. The company has a market cap of $178.5 million and a price-to-earnings ratio of 65.64.
Townsquare Media, LLC is an integrated and diversified media and entertainment company. The Company owns and operates radio stations, digital and social properties and live events in small and mid-sized markets across the United States, delivering to the communities it serves on a local level.
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