Insider Buying: Townsquare Media major shareholder Buys 50,737 Shares of Stock (TSQ)
Townsquare Media (NYSE:TSQ) major shareholder Steven Price acquired 50,737 shares of Townsquare Media stock in a transaction that occurred on Friday, July 25th. The shares were purchased at an average cost of $10.10 per share, with a total value of $512,443.70. Following the completion of the purchase, the insider now directly owns 50,737 shares of the company’s stock, valued at approximately $512,444. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Townsquare Media (NYSE:TSQ) traded up 1.40% on Wednesday, hitting $10.85. The stock had a trading volume of 430,975 shares. Townsquare Media has a one year low of $9.93 and a one year high of $10.95. The stock has a 50-day moving average of $10. and a 200-day moving average of $10.. The company has a market cap of $181.0 million and a P/E 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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