Townsquare Media Director Purchases $9,959,229 in Stock (TSQ)
Townsquare Media (NYSE:TSQ) Director Stephen A. Kaplan purchased 929,900 shares of the stock in a transaction dated Wednesday, July 30th. The shares were purchased at an average cost of $10.71 per share, with a total value of $9,959,229.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Townsquare Media (NYSE:TSQ) traded up 1.40% during mid-day trading on Wednesday, hitting $10.85. The stock had a trading volume of 430,975 shares. Townsquare Media has a 52 week low of $9.93 and a 52 week 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 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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