Saga Communications (SGA) shareholder sells $3952 in stock

Published 29/09/2025, 22:20
Saga Communications (SGA) shareholder sells $3952 in stock

Edward K. Christian Trust, a ten percent owner of Saga Communications Inc (NASDAQ:SGA), a company with a market capitalization of $79.34 million and notable dividend history spanning 14 consecutive years, sold 316 shares of Class A Common Stock on September 26, 2025, for approximately $3952. The shares were sold in multiple transactions at prices ranging from $12.50 to $12.51. Following the transaction, Edward K. Christian Trust directly owns 893481 shares of Saga Communications Inc . According to InvestingPro analysis, the company currently trades at a P/E ratio of 37.6x while maintaining a significant 7.98% dividend yield. InvestingPro’s comprehensive analysis reveals 8 additional key insights about SGA’s financial health and valuation metrics, available in the detailed Pro Research Report covering over 1,400 US stocks.

In other recent news, Saga Communications reported its financial results for the second quarter of 2025, which fell short of expectations. The company announced an earnings per share (EPS) of $0.18, missing the anticipated $0.23. Additionally, Saga Communications generated $28.23 million in revenue, which was below the projected $29.5 million. In a separate announcement, the company declared a quarterly cash dividend of $0.25 per share, amounting to a total payment of approximately $1.6 million. This dividend will be distributed to shareholders of record as of August 26, 2025, and will be funded from the company’s balance sheet. Despite missing earnings and revenue forecasts, these recent developments indicate ongoing strategic initiatives by Saga Communications.

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