First Brands Group debt targeted by Apollo Global Management - report
Seros Ulloa Family Trust of 1996, a ten percent owner of Entravision Communications Corp (NASDAQ:EVC), reported selling 58,468 shares of Class A common stock between September 2nd and September 4th. The sales, executed in three separate transactions, totaled approximately $145,570. The timing is notable as EVC shares have shown strong momentum, gaining nearly 39% over the past six months and currently trading near $2.51, closer to its 52-week high of $2.73 than its low of $1.58.
The shares were sold at prices ranging from $2.47 to $2.52. Specifically, on September 2nd, 18,978 shares were sold at an average price of $2.52, on September 3rd, 20,588 shares were sold at an average price of $2.48, and on September 4th, 18,902 shares were sold at an average price of $2.47.
Following these transactions, the Survivor’s Trust under the Seros Ulloa Family Trust of 1996 directly owns 11,499,173 shares of Entravision Communications Corp . Alexandra Seros serves as trustee of the trust and disclaims beneficial ownership of these securities except to the extent of her pecuniary interest.
In other recent news, Entravision Communications reported its financial results for the second quarter of 2025, showing a mixed performance. The company achieved a consolidated revenue of $100.7 million, representing a 22% increase compared to the previous year. Despite this revenue growth, Entravision posted a loss per share of $0.04, which did not meet analysts’ expectations. The earnings report highlights the company’s ongoing digital growth, although the financial loss indicates challenges in meeting profitability targets. These developments are significant for investors considering Entravision’s financial trajectory. Analyst reactions to these results have not been detailed, but the financial outcomes could influence future evaluations. Investors may want to monitor how Entravision addresses these challenges in subsequent quarters.
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