Street Calls of the Week
Edward K. Christian Trust, a ten percent owner of Saga Communications Inc (NASDAQ:SGA), sold 1,669 shares of Class A Common Stock on October 21, 2025. The shares were sold at prices ranging from $12.50 to $12.53, for a total value of $20,862. The transaction occurred near the current trading price of $12.55, with the stock trading between $10.75 and $15.10 over the past 52 weeks. According to InvestingPro analysis, the stock appears slightly undervalued at current levels.
Following the transaction, the Edward K. Christian Trust directly owns 886,709 shares of Saga Communications Inc . The company, with a market capitalization of $80.82 million, maintains a notable 8.1% dividend yield and has consistently paid dividends for 14 consecutive years. Discover more insights about SGA with InvestingPro, which offers comprehensive analysis and additional ProTips for informed investment decisions.
In other recent news, Saga Communications reported its financial results for Q2 2025, which fell short of market expectations. The company posted earnings per share of $0.18, missing the anticipated $0.23, and generated $28.23 million in revenue, below the expected $29.5 million. Additionally, Saga Communications has completed the sale of 22 tower sites to GTC Uno, LLC for approximately $10.7 million. This transaction is part of the company’s ongoing strategy to optimize its asset portfolio. Furthermore, Saga Communications announced an expansion of its board of directors with the appointment of Gregg Sutherland, a former Ernst & Young senior partner. In another development, the company declared a quarterly cash dividend of $0.25 per share, totaling around $1.6 million, to be funded from the company’s balance sheet. These recent developments reflect Saga Communications’ strategic moves to enhance its operational and financial standing.
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