Edward K. Christian trust sells $24k in Saga Communications (SGA)

Published 28/07/2025, 23:36
Edward K. Christian trust sells $24k in Saga Communications (SGA)

Edward K. Christian Trust, a ten percent owner of SAGA COMMUNICATIONS INC (NASDAQ:SGA), sold 1,799 shares of Class A Common Stock on July 25, 2025. The shares were sold at weighted average prices ranging from $13.40 to $13.43, resulting in a total transaction value of $24,106. The transaction occurred as SGA trades near its InvestingPro Fair Value, with the stock currently at $13.04. The company, with a market capitalization of $84.4 million, offers a notable 7.67% dividend yield and has maintained dividend payments for 14 consecutive years.

Following the transaction, Edward K. Christian Trust directly owns 899,275 shares of Saga Communications. The company is scheduled to report earnings on August 7, 2025. InvestingPro analysis reveals 6 additional key insights about SGA’s financial health and future prospects, available exclusively to subscribers through the comprehensive Pro Research Report.

In other recent news, Saga Communications reported a net revenue decrease of 4.3% to $24.2 million for the first quarter of 2025, compared to $25.3 million in the same period last year. Despite the revenue drop, the company showed a slight improvement in its operating loss, which narrowed to $2.3 million from $2.4 million. These financial results indicate a focus on digital advertising growth and cost management. The company’s digital strategy appears to be a point of optimism among investors. There were no recent updates on mergers or acquisitions involving Saga Communications. Additionally, no analyst upgrades or downgrades have been reported for the company. This information reflects the recent developments surrounding Saga Communications.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.