Entravision Communications (EVC)
Market Price (9/4/2026): $8.21 | Market Cap: $756.3 MilSector: Communication Services | Industry: Advertising
Entravision Communications (EVC)
Market Price (9/4/2026): $8.21Market Cap: $756.3 MilSector: Communication ServicesIndustry: Advertising
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 71% Attractive yieldDividend Yield is 2.4%, FCF Yield is 7.0% Megatrend and thematic driversMegatrends include Digital Advertising, and Social Media & Creator Economy. Themes include Ad-Tech Platforms. | Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 34x, P/EPrice/Earnings or Price/(Net Income) is 185x Stock price has recently run up significantly6M Rtn6 month market price return is 185%, 12M Rtn12 month market price return is 261% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 131% High stock price volatilityVol 12M is 121% Key risksEVC key risks include [1] persistent unprofitability driven by its declining traditional media segment and [2] concentrated exposure to economic volatility in Latin America and a heavy reliance on the U.S. Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 71% |
| Attractive yieldDividend Yield is 2.4%, FCF Yield is 7.0% |
| Megatrend and thematic driversMegatrends include Digital Advertising, and Social Media & Creator Economy. Themes include Ad-Tech Platforms. |
| Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 34x, P/EPrice/Earnings or Price/(Net Income) is 185x |
| Stock price has recently run up significantly6M Rtn6 month market price return is 185%, 12M Rtn12 month market price return is 261% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 131% |
| High stock price volatilityVol 12M is 121% |
| Key risksEVC key risks include [1] persistent unprofitability driven by its declining traditional media segment and [2] concentrated exposure to economic volatility in Latin America and a heavy reliance on the U.S. Show more. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 9/1/2026
Entravision Communications (EVC) stock has lost about 5% since 5/31/2026 because of the following key factors:
1. Weakness in the Media Segment Contributed to Operating Loss. Entravision's traditional Media segment experienced a 1% year-over-year decrease in net revenue in fiscal Q2 2026, primarily driven by lower broadcast advertising and a 19% decline in national advertising revenue (excluding political revenue). This segment subsequently recorded an operating loss of $3.3 million in fiscal Q2 2026, a notable decline from an operating profit in the prior year's comparable quarter.
2. Cautious Outlook for Advertising Technology & Services (ATS) Segment. Despite strong year-over-year growth for the Advertising Technology & Services (ATS) segment, which saw revenue increase 230% in fiscal Q2 2026, management projected a sequential decrease in ATS segment revenue from fiscal Q2 2026 to fiscal Q3 2026. This forward-looking guidance, even while anticipating over 100% year-over-year growth for the second half of 2026, likely fueled investor concern regarding short-term momentum.
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Entravision Communications (EVC) stock has lost about 5% since 5/31/2026 because of the following key factors:
1. Weakness in the Media Segment Contributed to Operating Loss. Entravision's traditional Media segment experienced a 1% year-over-year decrease in net revenue in fiscal Q2 2026, primarily driven by lower broadcast advertising and a 19% decline in national advertising revenue (excluding political revenue). This segment subsequently recorded an operating loss of $3.3 million in fiscal Q2 2026, a notable decline from an operating profit in the prior year's comparable quarter.
2. Cautious Outlook for Advertising Technology & Services (ATS) Segment. Despite strong year-over-year growth for the Advertising Technology & Services (ATS) segment, which saw revenue increase 230% in fiscal Q2 2026, management projected a sequential decrease in ATS segment revenue from fiscal Q2 2026 to fiscal Q3 2026. This forward-looking guidance, even while anticipating over 100% year-over-year growth for the second half of 2026, likely fueled investor concern regarding short-term momentum.
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Updated on 9/1/2026
Entravision Communications (EVC) stock has lost about 5% since 5/31/2026 because of the following key factors:
1. Weakness in the Media Segment Contributed to Operating Loss. Entravision's traditional Media segment experienced a 1% year-over-year decrease in net revenue in fiscal Q2 2026, primarily driven by lower broadcast advertising and a 19% decline in national advertising revenue (excluding political revenue). This segment subsequently recorded an operating loss of $3.3 million in fiscal Q2 2026, a notable decline from an operating profit in the prior year's comparable quarter.
2. Cautious Outlook for Advertising Technology & Services (ATS) Segment. Despite strong year-over-year growth for the Advertising Technology & Services (ATS) segment, which saw revenue increase 230% in fiscal Q2 2026, management projected a sequential decrease in ATS segment revenue from fiscal Q2 2026 to fiscal Q3 2026. This forward-looking guidance, even while anticipating over 100% year-over-year growth for the second half of 2026, likely fueled investor concern regarding short-term momentum.
3. Significant Insider Selling Exceeded $27 Million. Over the three months leading up to August 2026, company insiders collectively sold over 3.16 million shares, amounting to approximately $27.1 million. Such substantial insider selling, exceeding the $5 million threshold, signals a potential lack of confidence from within the company and exerted downward pressure on the stock price.
4. Persistent "Sell" Ratings and Analyst Caution. Analysts maintained a cautious stance on Entravision, with a consensus "Sell" rating and Weiss Ratings reiterating a "sell" recommendation in early June. This ongoing negative sentiment from financial analysts likely contributed to the stock's decline, despite the company's reported earnings and revenue beats for fiscal Q2 2026.
5. Elevated Debt-to-Equity Ratio Highlighted as a Key Risk. Entravision maintained a debt-to-equity ratio of 2.19 as of fiscal Q2 2026. This relatively high leverage has been consistently cited by analysts as a key risk, contributing to investor apprehension regarding the company's financial stability and its ability to navigate potential economic headwinds.
Show less
Entravision Communications (EVC) stock has lost about 5% since 5/31/2026 because of the following key factors:
1. Weakness in the Media Segment Contributed to Operating Loss. Entravision's traditional Media segment experienced a 1% year-over-year decrease in net revenue in fiscal Q2 2026, primarily driven by lower broadcast advertising and a 19% decline in national advertising revenue (excluding political revenue). This segment subsequently recorded an operating loss of $3.3 million in fiscal Q2 2026, a notable decline from an operating profit in the prior year's comparable quarter.
2. Cautious Outlook for Advertising Technology & Services (ATS) Segment. Despite strong year-over-year growth for the Advertising Technology & Services (ATS) segment, which saw revenue increase 230% in fiscal Q2 2026, management projected a sequential decrease in ATS segment revenue from fiscal Q2 2026 to fiscal Q3 2026. This forward-looking guidance, even while anticipating over 100% year-over-year growth for the second half of 2026, likely fueled investor concern regarding short-term momentum.
3. Significant Insider Selling Exceeded $27 Million. Over the three months leading up to August 2026, company insiders collectively sold over 3.16 million shares, amounting to approximately $27.1 million. Such substantial insider selling, exceeding the $5 million threshold, signals a potential lack of confidence from within the company and exerted downward pressure on the stock price.
4. Persistent "Sell" Ratings and Analyst Caution. Analysts maintained a cautious stance on Entravision, with a consensus "Sell" rating and Weiss Ratings reiterating a "sell" recommendation in early June. This ongoing negative sentiment from financial analysts likely contributed to the stock's decline, despite the company's reported earnings and revenue beats for fiscal Q2 2026.
5. Elevated Debt-to-Equity Ratio Highlighted as a Key Risk. Entravision maintained a debt-to-equity ratio of 2.19 as of fiscal Q2 2026. This relatively high leverage has been consistently cited by analysts as a key risk, contributing to investor apprehension regarding the company's financial stability and its ability to navigate potential economic headwinds.
Show less
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Stock Movement Drivers
Fundamental Drivers
The -6.9% change in EVC stock from 5/31/2026 to 9/3/2026 was primarily driven by a -24.2% change in the company's P/S Multiple.| (LTM values as of) | 5312026 | 9032026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.03 | 8.41 | -6.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 553 | 680 | 23.0% |
| P/S Multiple | 1.5 | 1.1 | -24.2% |
| Shares Outstanding (Mil) | 92 | 92 | -0.1% |
| Cumulative Contribution | -6.9% |
Market Drivers
5/31/2026 to 9/3/2026| Return | Correlation | |
|---|---|---|
| EVC | -6.9% | |
| Market (SPY) | 2.2% | 24.0% |
| Sector (XLC) | -2.0% | 13.6% |
Fundamental Drivers
The 177.4% change in EVC stock from 2/28/2026 to 9/3/2026 was primarily driven by a 73.6% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 9032026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.03 | 8.41 | 177.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 420 | 680 | 61.8% |
| P/S Multiple | 0.7 | 1.1 | 73.6% |
| Shares Outstanding (Mil) | 91 | 92 | -1.2% |
| Cumulative Contribution | 177.4% |
Market Drivers
2/28/2026 to 9/3/2026| Return | Correlation | |
|---|---|---|
| EVC | 177.4% | |
| Market (SPY) | 13.0% | 19.9% |
| Sector (XLC) | -3.6% | 14.5% |
Fundamental Drivers
The 243.9% change in EVC stock from 8/31/2025 to 9/3/2026 was primarily driven by a 103.2% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 9032026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.45 | 8.41 | 243.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 397 | 680 | 71.4% |
| P/S Multiple | 0.6 | 1.1 | 103.2% |
| Shares Outstanding (Mil) | 91 | 92 | -1.2% |
| Cumulative Contribution | 243.9% |
Market Drivers
8/31/2025 to 9/3/2026| Return | Correlation | |
|---|---|---|
| EVC | 243.9% | |
| Market (SPY) | 20.9% | 18.5% |
| Sector (XLC) | 2.8% | 15.0% |
Fundamental Drivers
The 178.0% change in EVC stock from 8/31/2023 to 9/3/2026 was primarily driven by a 445.2% change in the company's P/E Multiple.| (LTM values as of) | 8312023 | 9032026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.03 | 8.41 | 178.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 218 | 680 | 212.1% |
| Net Income Margin (%) | 3.6% | 0.6% | -82.9% |
| P/E Multiple | 34.0 | 185.2 | 445.2% |
| Shares Outstanding (Mil) | 88 | 92 | -4.7% |
| Cumulative Contribution | 178.0% |
Market Drivers
8/31/2023 to 9/3/2026| Return | Correlation | |
|---|---|---|
| EVC | 178.0% | |
| Market (SPY) | 77.7% | 18.3% |
| Sector (XLC) | 72.7% | 15.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| EVC Return | 151% | -28% | -9% | -38% | 36% | 193% | 309% |
| Peers Return | 40% | -28% | -14% | -12% | 35% | -4% | -2% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| EVC Win Rate | 58% | 50% | 58% | 50% | 50% | 67% | |
| Peers Win Rate | 60% | 32% | 45% | 52% | 53% | 51% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| EVC Max Drawdown | -30% | -41% | -50% | -67% | -35% | -41% | |
| Peers Max Drawdown | -25% | -41% | -53% | -43% | -40% | -39% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: NXST, SBGI, GTN, IHRT, TSQ.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/3/2026 (YTD)
How Low Can It Go
| Event | EVC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.8% | -18.8% |
| % Gain to Breakeven | 29.5% | 23.1% |
| Time to Breakeven | 19 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -26.9% | -9.5% |
| % Gain to Breakeven | 36.8% | 10.5% |
| Time to Breakeven | 910 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -36.2% | -6.7% |
| % Gain to Breakeven | 56.8% | 7.1% |
| Time to Breakeven | 1049 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -41.1% | -24.5% |
| % Gain to Breakeven | 69.8% | 32.4% |
| Time to Breakeven | 125 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -34.7% | -33.7% |
| % Gain to Breakeven | 53.2% | 50.9% |
| Time to Breakeven | 183 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -47.3% | -19.2% |
| % Gain to Breakeven | 89.8% | 23.8% |
| Time to Breakeven | 883 days | 105 days |
In The Past
Entravision Communications's stock fell -22.8% during the 2025 US Tariff Shock. Such a loss loss requires a 29.5% gain to breakeven.
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Asset Allocation
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| Event | EVC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.8% | -18.8% |
| % Gain to Breakeven | 29.5% | 23.1% |
| Time to Breakeven | 19 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -26.9% | -9.5% |
| % Gain to Breakeven | 36.8% | 10.5% |
| Time to Breakeven | 910 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -36.2% | -6.7% |
| % Gain to Breakeven | 56.8% | 7.1% |
| Time to Breakeven | 1049 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -41.1% | -24.5% |
| % Gain to Breakeven | 69.8% | 32.4% |
| Time to Breakeven | 125 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -34.7% | -33.7% |
| % Gain to Breakeven | 53.2% | 50.9% |
| Time to Breakeven | 183 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -47.3% | -19.2% |
| % Gain to Breakeven | 89.8% | 23.8% |
| Time to Breakeven | 883 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -30.9% | -3.7% |
| % Gain to Breakeven | 44.6% | 3.9% |
| Time to Breakeven | 315 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -24.5% | -12.2% |
| % Gain to Breakeven | 32.5% | 13.9% |
| Time to Breakeven | 24 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -55.1% | -17.9% |
| % Gain to Breakeven | 122.7% | 21.8% |
| Time to Breakeven | 116 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -46.9% | -15.4% |
| % Gain to Breakeven | 88.5% | 18.2% |
| Time to Breakeven | 990 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -98.2% | -53.4% |
| % Gain to Breakeven | 5509.3% | 114.4% |
| Time to Breakeven | 1823 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -26.0% | -8.6% |
| % Gain to Breakeven | 35.2% | 9.5% |
| Time to Breakeven | 5110 days | 47 days |
In The Past
Entravision Communications's stock fell -22.8% during the 2025 US Tariff Shock. Such a loss loss requires a 29.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Entravision Communications (EVC)
Entravision Communications Corporation (EVC) is a global advertising, media, and technology solutions company specializing in reaching and engaging Hispanic audiences across various acculturation levels and media channels. The company operates through three core segments: Digital, Television, and Audio. Its primary offering involves providing integrated, end-to-end advertising solutions that leverage its diverse portfolio of digital properties, television stations, and audio networks to connect advertisers with consumers.
A significant part of Entravision's business focuses on advanced digital advertising solutions. This includes digital commercial partnerships, billing and technological support, strategic marketing, and training for advertising clients. Key digital products include Smadex, a programmatic ad purchasing platform that allows advertisers and agencies to electronically buy ads and manage data-driven campaigns, and managed services for branding and mobile performance to help advertisers connect with consumers on mobile devices. The company also provides dedicated digital audio advertising solutions.
Beyond its robust digital offerings, Entravision maintains a substantial traditional media presence, operating 50 television stations and 46 Spanish-language radio stations. Through its Entravision radio network, it sells advertisements and syndicated radio programming. The company serves a wide array of advertisers from diverse industries such as e-commerce, retail, entertainment, gaming, delivery services, financial technology, communications, lifestyle, and travel, all seeking to tap into its targeted Hispanic audience reach.
AI Analysis | Feedback
Here are 1-3 brief analogies for Entravision Communications (EVC):
1. A smaller, digitally-savvy Univision.
2. Like Amazon, but specializing in advertising solutions to reach Hispanic audiences across TV, radio, and digital channels.
AI Analysis | Feedback
- Integrated Advertising Solutions: Provides end-to-end advertising services across digital, television, and audio platforms, primarily targeting Hispanic audiences.
- Digital Advertising Services: Offers comprehensive support for digital advertising, including commercial partnerships, billing, technology, strategic marketing, and training.
- Smadex Platform: A programmatic ad purchasing platform enabling advertisers to electronically purchase and manage data-driven advertising campaigns.
- Mobile Performance & Branding Solutions: Delivers managed services to advertisers for connecting with consumers and enhancing branding on mobile devices.
- Television & Radio Advertising Sales: Sells advertising spots and syndicated programming across its owned and operated television and Spanish-language radio stations.
AI Analysis | Feedback
Entravision Communications (EVC) primarily sells its advertising, media, and technology solutions to other companies, specifically advertisers and ad agencies, rather than directly to individuals.
The provided background description does not list the names of specific major customer companies. However, it states that Entravision serves advertisers from a wide range of industries, which represent its customer base:
- E-commerce
- Retail
- Entertainment
- Gaming
- Delivery services
- Financial technology
- Communications
- Lifestyle
- Travel
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- Meta Platforms, Inc. (META)
- TikTok
- Spotify Technology S.A. (SPOT)
- X Corp.
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Michael Christenson, Chief Executive Officer
Michael Christenson has served as Entravision's Chief Executive Officer since July 2023. His extensive background includes executive leadership roles in enterprise software at CA, Inc. (2005-2010) and observability at New Relic, Inc., where he was President and Chief Operating Officer (2019-2021) and a director (2018-2021). Before joining Entravision, he was a Managing Partner at Mayten Research, a private investment and advisory firm, from 2022 to 2023. Christenson also spent a significant portion of his career in investment banking, serving as a Managing Director at Allen & Company (2010-2019) and an investment banker at Salomon Brothers / Citigroup Global Markets (1987-2004), accumulating deep experience in Technology, Media, and Telecommunications (TMT) transactions. He has served on the board of various high-growth public and private technology companies.
Mark Boelke, Chief Financial Officer and Chief Operating Officer
Mark Boelke has served as Entravision's Chief Financial Officer and Treasurer since May 2024, and assumed the additional role of Chief Operating Officer in February 2026. He originally joined Entravision in 2005 as Deputy General Counsel and Vice President of Legal Affairs, becoming General Counsel and Secretary in 2006, a position he held until his appointment as CFO. Boelke has over three decades of business and legal experience, particularly within the media, advertising, and technology sectors, providing leadership in strategy, mergers and acquisitions, and corporate finance for Entravision. He holds a J.D. from the University of Minnesota Law School and a B.A. from St. Olaf College. Prior to his tenure at Entravision, he was an attorney at O'Melveny & Myers LLP.
Jeff DeMartino, Chief Legal Officer
Jeff DeMartino was promoted to Chief Legal Officer in March 2026, taking on expanded responsibilities for partnerships and operations. Before this, he was appointed General Counsel and Secretary in May 2024, succeeding Mark Boelke in that role. Prior to that, DeMartino served as Deputy General Counsel of Entravision.
Maria Martinez-Guzman, President of Entravision Media
Maria Martinez-Guzman was promoted to President of Entravision Media in March 2026. In this role, she oversees television and digital video programming, along with local and national sales for television-only markets. Her career includes over two decades at Univision, where she most recently served as Executive Vice President of News, heading programming for all daily Univision network news properties, and she previously worked at Entravision's McAllen office.
Eduardo Maytorena, President of Audio
Eduardo Maytorena was named President of Entravision Audio in March 2026. He is responsible for managing radio and digital audio programming, as well as local, network, and national sales for radio-only markets. Before his promotion, Maytorena held the position of Senior Vice President in Entravision's Los Angeles market.
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Key Risks to Entravision Communications (EVC)
- Regulatory and Data Privacy Risks in Digital Advertising: Entravision Communications' significant and growing Advertising Technology & Services (ATS) segment, which comprised approximately 61% of its net revenue in 2025, heavily relies on data for programmatic advertising. The rapidly evolving landscape of data protection and privacy laws, such as the UK GDPR, PECR, and the California Consumer Privacy Act (CCPA) and its amendments, poses a substantial risk. Non-compliance could lead to increased costs, enforcement actions, or necessitate changes to the company's business model. Furthermore, the use of AI in AdTech, as well as the inherent complexity and potential for misuse or mishandling of personal data in programmatic advertising, adds to these compliance and reputational risks.
- Volatile Revenue from Traditional Media and Cyclical Political Advertising: The company's Media segment, consisting of television and radio stations primarily targeting U.S. Latino audiences, experiences significant revenue volatility due to its reliance on political advertising. While election years can provide a substantial boost, non-election years typically see a sharp decline in Media segment revenue, as demonstrated by a 26% year-over-year decline in Q3 2025 due to the absence of political ad revenue from the 2024 Presidential cycle. Beyond political cycles, the Media segment also faces broader challenges from reduced advertiser spending and a shrinking advertiser base, contributing to a downward trend in revenue and competitive headwinds.
- Dependence on Major Digital Partners and Customer Concentration: Entravision has demonstrated vulnerability to changes in relationships with major digital partners. The termination of Meta's authorized sales partner program in March 2024, for example, had a material adverse effect on Entravision's digital operations and is expected to materially and adversely affect its consolidated and digital segment revenue and cash flow from operations in future periods. Additionally, within its ATS segment, a single recently acquired customer in Hong Kong represents a significant share of both ATS and consolidated revenue, creating pronounced customer and geographic concentration risk, particularly influenced by mobile gaming trends and the Chinese legal environment.
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The ongoing industry-wide shift towards enhanced digital privacy and data usage restrictions, including the deprecation of third-party cookies by major web browsers and stricter mobile application tracking policies such as Apple's App Tracking Transparency (ATT) framework, presents a clear emerging threat. These changes directly impact the efficacy of "data-driven advertising campaigns" and the functionality of programmatic ad purchasing platforms like Smadex, which are core components of Entravision's Digital segment and its suite of end-to-end digital advertising and mobile performance solutions.
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Entravision Communications (EVC) operates in several addressable markets, spanning digital advertising solutions, television, and audio. The market sizes for their main products and services, delineated by region, are as follows:
Digital Advertising Solutions
- Global Programmatic Advertising Market: Entravision's digital advertising solutions, including its programmatic ad purchasing platform Smadex, operate within the global programmatic advertising market. This market was estimated at USD 678.37 billion in 2023 and is projected to reach USD 2,753.03 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 22.8% from 2024 to 2030. Another estimate places the global programmatic advertising market at over $550 billion in 2025.
- Global Digital Audio Advertising Market: The company also offers digital audio advertising solutions. The global audio advertising market is valued at over $38 billion in 2025. More specifically, the global digital audio advertising platform market size reached USD 8.3 billion in 2024 and is projected to grow to approximately USD 25.5 billion by 2033, with a CAGR of 13.7%.
- U.S. Hispanic Digital Advertising Market: While a precise market size specifically for U.S. Hispanic digital advertising is not a single reported figure, the U.S. Hispanic population holds significant economic power, estimated at $4.1 trillion in purchasing power as of 2025/2026. Despite this, Hispanic-focused advertising accounts for only about 4% of total U.S. ad spend. Less than 1% of digital ad spending from U.S. online retailers went to Spanish-language websites in Q1 2025, indicating a significant investment gap and an underserved market for digital advertising targeting this demographic.
Television
- U.S. Hispanic Television Advertising Market: For its 50 television stations, Entravision targets the U.S. Hispanic market. Similar to digital, a direct market size for U.S. Hispanic television advertising is not reported as a discrete value. However, the U.S. Hispanic population's buying power is substantial, at $4.1 trillion. This demographic accounts for nearly 20% of the U.S. population and leads in streaming consumption, with 55.8% of their total TV time spent on streaming platforms, compared to 46% for the overall U.S. population. Despite their high engagement, Hispanic-targeted media receives only about 4% of total U.S. advertising dollars. Ads on Spanish-language TV networks have shown to be 31% more effective than those on English-language TV over the past year.
Audio
- Global Traditional Radio Advertising Market: Entravision operates 46 Spanish-language radio stations and sells advertisements and syndicated radio programming. The global traditional radio advertising market boasted a substantial market volume of US$28.61 billion in 2023.
- U.S. Hispanic Radio Advertising Market: The U.S. Hispanic market represents a significant addressable audience for radio. Hispanic consumers command an estimated $2.6–$2.7 trillion in buying power in the mid-2020s, with some sources indicating over $4.1 trillion. Radio remains a strong platform for reaching this demographic, with 89% of Hispanic individuals aged 12 and older listening to radio weekly. Bicultural Latinos, representing nearly 40% of all U.S. Latinos, show 92% weekly listenership to broadcast radio. Despite this reach and influence, Hispanic-targeted media generally receive only about 4% of total U.S. advertising dollars.
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Entravision Communications (EVC) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
- Continued Growth of the Advertising Technology & Services (ATS) Segment: The ATS segment, which includes platforms like Smadex and Adwake, has been identified as the primary growth engine for Entravision. This segment has consistently shown strong revenue increases, with a significant surge of 123% in the fourth quarter of 2025 compared to the same period in 2024, and a 90% increase for the full year 2025 versus 2024. This growth is attributed to an expanding base of monthly active advertisers and higher revenue generated per advertiser.
- Expansion of Sales Teams and Geographic Footprint for ATS: Entravision is strategically investing in expanding its sales teams and increasing its geographic coverage to further penetrate markets for its ATS offerings. This expansion includes a focus on the U.S. market for mobile advertising and Connected TV, as well as international growth in regions such as Latin America, Europe, Africa, and Asia.
- Enhanced AI Capabilities and Platform Technology within ATS: The company is making strategic investments in engineering, artificial intelligence (AI) capabilities, and its proprietary technology platform within the ATS segment. These technological advancements aim to improve the efficiency and effectiveness of its advertising solutions, thereby attracting more advertisers and increasing revenue per client.
- Political Advertising Revenue in the Media Segment: Although Entravision's traditional Media segment has experienced declines, political advertising revenue is a significant cyclical driver, particularly during election years. Management has expressed optimism for a strong political spending environment in 2026, which is expected to provide a substantial boost to the Media segment's revenue.
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Capital Allocation Decisions for Entravision Communications (EVC)
Share Issuance
- Entravision Communications' shares outstanding have shown an increase over the last five years, rising from 84.29 million in 2020 to 90.97 million in 2025.
Outbound Investments
- In May 2023, Entravision acquired BCNMonetize, a Barcelona-based company that offers branding, influencer, advertising, and mobile marketing services.
- The company closed the acquisition of MediaDonuts, a digital marketing performance and branding company with operations across seven countries in the Asia-Pacific region, in July 2021.
- In November 2021, Entravision Communications acquired 365 Digital Media (Pty) Ltd for approximately $1.9 million in cash, with potential earn-out payments based on EBITDA targets for 2022, 2023, and 2024.
- Entravision announced in March 2026 that it had acquired Playback Rewards' core technology, platform, and product IP assets, intending to integrate them into Adwake to develop loyalty rewards platforms.
Capital Expenditures
- Capital expenditures for the last 12 months (as of March 2026) were approximately $7.14 million.
- Full-year 2024 capital expenditures were projected to be approximately $7 million, which was significantly lower than the prior year due to the completion of a new office headquarters.
- The primary focus of capital expenditures includes strategic investments in AI capabilities, engineering, and expanding sales capacity, particularly within the Advertising Technology and Services (ATS) segment, to drive revenue growth.
Peer Outperformance in Advertising
EVC has outperformed 94% of its 17 Advertising peers over 5Y. Among the peers that beat it is APP. Advertising ranks 6th of 9 industries in Communication Services by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Advertising constituents that EVC has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
100%
of 20 industry peers · 260.7% return
3Y
89%
of 19 industry peers · 181.6% return
5Y
94%
of 17 industry peers · 51.2% return
Advertising peers with revenue growth within 4pp of EVC's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| EVC | Entravision Communications | 47.3% | 185.2x | 260.7% | 181.6% | 51.2% | — |
| APP | AppLovin | 44.4% | 23.9x | -35.7% | 626.0% | 302.1% | +251pp |
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Communication Services sector, ranked by 5Y. Advertising is EVC's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Wireless Telecommunication Services | 3 | -0.7% | 44.0% | 45.4% | ECHO 242% · TMUS 45% · SHEN -58% |
| Publishing | 5 | 17.5% | -3.0% | 29.1% | NWSA 43% · NYT 37% · SCHL 29% |
| Integrated Telecommunication Services | 21 | -6.8% | 12.9% | -9.9% | IQST 1369% · AD 161% · GSAT 148% |
| Movies & Entertainment | 23 | 7.0% | 78.0% | -13.4% | IMAX 241% · MSGS 120% · BATRA 119% |
| Alternative Carriers | 4 | 57.5% | 12.8% | -37.7% | IRDM 9% · UNIT -37% · LUMN -38% |
| Advertising ← | 18 | -11.1% | -17.9% | -58.6% | APP 302% · EVC 51% · OMC 37% |
| Broadcasting | 15 | -10.4% | -16.6% | -65.0% | FOXA 95% · NXST 41% · WBD 0% |
| Interactive Media & Services | 30 | -24.2% | -34.9% | -71.4% | GOOGL 140% · META 64% · EVER 26% |
| Interactive Home Entertainment | 8 | -43.8% | -44.8% | -89.0% | TTWO 33% · RBLX -50% · PINS -63% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Entravision Communications Earnings Notes | 12/16/2025 | |
| Would You Still Hold Entravision Communications Stock If It Fell 30%? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 7.06 |
| Mkt Cap | 0.6 |
| Rev LTM | 3,202 |
| Op Inc LTM | 203 |
| FCF LTM | 75 |
| FCF 3Y Avg | 62 |
| CFO LTM | 145 |
| CFO 3Y Avg | 146 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -0.9% |
| Rev Chg 3Y Avg | 0.3% |
| Rev Chg Q | 7.9% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Inc Chg LTM | -17.6% |
| Op Inc Chg 3Y Avg | 1.1% |
| Op Mgn LTM | 10.5% |
| Op Mgn 3Y Avg | 9.2% |
| QoQ Delta Op Mgn LTM | 0.5% |
| CFO/Rev LTM | 7.3% |
| CFO/Rev 3Y Avg | 11.1% |
| FCF/Rev LTM | 4.0% |
| FCF/Rev 3Y Avg | 7.3% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Advertising Technology & Services | 271 | 143 | 101 | 93 | |
| Media | 177 | 222 | 196 | 231 | |
| Audio | 58 | ||||
| Digital | 555 | ||||
| Television | 147 | ||||
| Total | 448 | 365 | 297 | 324 | 760 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Advertising Technology & Services | 34 | 8 | 0 | 6 | |
| Foreign currency (gain) loss | -1 | -1 | -2 | -1 | -1 |
| Restructuring costs | -3 | ||||
| Media | -6 | 39 | 40 | 75 | |
| Loss on lease abandonment | -25 | ||||
| Corporate expenses | -27 | -37 | -50 | -49 | -33 |
| Impairment charge | -55 | -61 | -13 | -2 | -3 |
| Change in fair value of contingent consideration | 1 | -1 | 2 | -8 | |
| Other operating (gain) loss | -1 | -0 | 7 | ||
| Audio | 16 | ||||
| Digital | 29 | ||||
| Television | 53 | ||||
| Total | -83 | -52 | -26 | 31 | 60 |
| $ Mil | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Digital | 426 | 408 | 309 | 196 | 138 |
| Television | 343 | 364 | 433 | 426 | 466 |
| Audio | 98 | 109 | 109 | 125 | 52 |
| Total | 866 | 881 | 851 | 747 | 656 |
Price Behavior
Price Behavior
| Market Price | $8.41 | |
| Market Cap ($ Bil) | 0.8 | |
| First Trading Date | 08/02/2000 | |
| Distance from 52W High | -37.6% | |
| 50 Days | 200 Days | |
| DMA Price | $10.43 | $5.90 |
| DMA Trend | up | up |
| Distance from DMA | -19.3% | 42.4% |
| 3M | 1YR | |
| Volatility | 74.7% | 121.4% |
| Downside Capture | 188.55 | 139.65 |
| Upside Capture | 138.98 | 257.97 |
| Correlation (SPY) | 23.5% | 18.8% |
EVC Betas & Captures as of 8/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 3.45 | 1.79 | 1.34 | 2.22 | 1.78 | 1.05 |
| Up Beta | 2.29 | 1.84 | 2.67 | 2.66 | 2.22 | 1.07 |
| Down Beta | 5.49 | -1.23 | -0.88 | -0.73 | 0.28 | 0.38 |
| Up Capture | 76% | 35% | 150% | 693% | 573% | 277% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 8 | 17 | 31 | 64 | 115 | 353 |
| Down Capture | 880% | 451% | 193% | 163% | 128% | 106% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 13 | 25 | 33 | 59 | 125 | 358 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EVC | |
|---|---|---|---|---|
| EVC | 262.5% | 121.4% | 1.48 | - |
| Sector ETF (XLC) | 1.3% | 15.2% | -0.12 | 15.3% |
| Equity (SPY) | 21.2% | 12.8% | 1.23 | 18.6% |
| Gold (GLD) | 25.1% | 29.1% | 0.77 | 14.4% |
| Commodities (DBC) | 42.9% | 20.4% | 1.64 | -13.2% |
| Real Estate (VNQ) | 10.7% | 13.6% | 0.50 | 12.1% |
| Bitcoin (BTCUSD) | -31.0% | 43.5% | -0.73 | 10.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EVC | |
|---|---|---|---|---|
| EVC | 10.9% | 74.5% | 0.43 | - |
| Sector ETF (XLC) | 7.4% | 20.9% | 0.27 | 25.3% |
| Equity (SPY) | 13.1% | 17.2% | 0.58 | 27.1% |
| Gold (GLD) | 19.6% | 18.8% | 0.85 | 9.0% |
| Commodities (DBC) | 11.0% | 19.5% | 0.44 | 1.9% |
| Real Estate (VNQ) | 2.0% | 18.9% | 0.00 | 23.6% |
| Bitcoin (BTCUSD) | 10.5% | 52.6% | 0.38 | 14.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EVC | |
|---|---|---|---|---|
| EVC | 6.4% | 65.9% | 0.36 | - |
| Sector ETF (XLC) | 9.4% | 22.1% | 0.47 | 24.1% |
| Equity (SPY) | 15.3% | 17.9% | 0.73 | 26.8% |
| Gold (GLD) | 12.5% | 16.3% | 0.63 | 3.6% |
| Commodities (DBC) | 8.0% | 18.1% | 0.36 | 6.0% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | 23.5% |
| Bitcoin (BTCUSD) | 63.1% | 66.1% | 1.03 | 7.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/19/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/10/2026 | -21.1% | -24.0% | |
| 5/5/2026 | 93.2% | 103.8% | 127.9% |
| 3/5/2026 | 14.6% | 0.3% | 1.7% |
| 11/4/2025 | 43.9% | 52.0% | 37.9% |
| 8/5/2025 | 4.4% | 15.8% | 10.1% |
| 5/8/2025 | -0.5% | 2.1% | 16.3% |
| 3/6/2025 | -16.8% | -8.2% | -4.8% |
| 11/6/2024 | -7.4% | 1.2% | -7.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 12 | 15 |
| # Negative | 14 | 13 | 9 |
| Median Positive | 8.8% | 15.3% | 13.9% |
| Median Negative | -4.3% | -8.2% | -7.4% |
| Max Positive | 93.2% | 103.8% | 127.9% |
| Max Negative | -49.9% | -58.8% | -45.6% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/10/2026 | -21.1% | -24.0% | |
| 5/5/2026 | 93.2% | 103.8% | 127.9% |
| 3/5/2026 | 14.6% | 0.3% | 1.7% |
| 11/4/2025 | 43.9% | 52.0% | 37.9% |
| 8/5/2025 | 4.4% | 15.8% | 10.1% |
| 5/8/2025 | -0.5% | 2.1% | 16.3% |
| 3/6/2025 | -16.8% | -8.2% | -4.8% |
| 11/6/2024 | -7.4% | 1.2% | -7.4% |
| 8/8/2024 | 0.5% | 3.3% | 6.0% |
| 5/2/2024 | -2.2% | -4.8% | -7.4% |
| 3/5/2024 | -49.9% | -58.8% | -45.6% |
| 11/2/2023 | 7.9% | -1.8% | 13.9% |
| 8/3/2023 | -14.3% | -9.6% | -15.8% |
| 5/4/2023 | -3.7% | -19.8% | -25.2% |
| 3/9/2023 | -3.0% | -8.8% | -5.2% |
| 11/3/2022 | 9.4% | 14.9% | 15.1% |
| 8/3/2022 | -0.2% | 4.1% | -7.2% |
| 5/5/2022 | -13.6% | -12.6% | 0.6% |
| 3/3/2022 | -1.1% | -3.9% | 1.7% |
| 11/4/2021 | 1.6% | -3.7% | -20.6% |
| 8/5/2021 | 8.8% | 19.0% | 19.8% |
| 5/6/2021 | 0.5% | -2.3% | 16.3% |
| 3/11/2021 | 10.0% | 17.0% | 5.3% |
| 11/5/2020 | -4.5% | 15.6% | 52.3% |
| 8/4/2020 | -4.2% | -2.8% | 4.9% |
| SUMMARY STATS | |||
| # Positive | 11 | 12 | 15 |
| # Negative | 14 | 13 | 9 |
| Median Positive | 8.8% | 15.3% | 13.9% |
| Median Negative | -4.3% | -8.2% | -7.4% |
| Max Positive | 93.2% | 103.8% | 127.9% |
| Max Negative | -49.9% | -58.8% | -45.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/10/2026 | 10-Q |
| 03/31/2026 | 05/05/2026 | 10-Q |
| 12/31/2025 | 03/05/2026 | 10-K |
| 09/30/2025 | 11/04/2025 | 10-Q |
| 06/30/2025 | 08/05/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/06/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 03/14/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 03/16/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/10/2026 | 10-Q |
| 03/31/2026 | 05/05/2026 | 10-Q |
| 12/31/2025 | 03/05/2026 | 10-K |
| 09/30/2025 | 11/04/2025 | 10-Q |
| 06/30/2025 | 08/05/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/06/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 03/14/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 03/16/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
| 12/31/2021 | 03/16/2022 | 10-K |
| 09/30/2021 | 11/05/2021 | 10-Q |
| 06/30/2021 | 08/06/2021 | 10-Q |
| 03/31/2021 | 05/07/2021 | 10-Q |
| 12/31/2020 | 04/12/2021 | 10-K |
| 09/30/2020 | 11/06/2020 | 10-Q |
| 06/30/2020 | 08/06/2020 | 10-Q |
| 03/31/2020 | 05/08/2020 | 10-Q |
| 12/31/2019 | 03/16/2020 | 10-K |
| 09/30/2019 | 11/08/2019 | 10-Q |
Insider Activity
Updated 7/28/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Zevnik, Paul A | The Paul A. Zevnik Revocable Trust of 1996 | Sell | 6152026 | 9.67 | 324,686 | 3,138,804 | 20,374,417 | Form | |
| 2 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5212026 | 9.17 | 427,991 | 3,925,105 | 62,575,008 | Form | |
| 3 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5212026 | 7.84 | 378,050 | 2,965,802 | 56,885,115 | Form | |
| 4 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5192026 | 7.80 | 278,163 | 2,169,115 | 59,492,346 | Form | |
| 5 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5192026 | 7.99 | 468,583 | 3,742,057 | 63,147,250 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Zevnik, Paul A | The Paul A. Zevnik Revocable Trust of 1996 | Sell | 6152026 | 9.67 | 324,686 | 3,138,804 | 20,374,417 | Form | |
| 2 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5212026 | 9.17 | 427,991 | 3,925,105 | 62,575,008 | Form | |
| 3 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5212026 | 7.84 | 378,050 | 2,965,802 | 56,885,115 | Form | |
| 4 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5192026 | 7.80 | 278,163 | 2,169,115 | 59,492,346 | Form | |
| 5 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5192026 | 7.99 | 468,583 | 3,742,057 | 63,147,250 | Form | |
| 6 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5192026 | 8.05 | 259,848 | 2,091,257 | 67,409,452 | Form | |
| 7 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5142026 | 9.03 | 338,976 | 3,059,258 | 77,937,860 | Form | |
| 8 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5142026 | 8.71 | 685,111 | 5,966,632 | 78,161,098 | Form | |
| 9 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5142026 | 8.33 | 160,282 | 1,334,508 | 80,428,003 | Form | |
| 10 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5112026 | 8.03 | 323,939 | 2,602,202 | 78,885,209 | Form | |
| 11 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5112026 | 6.79 | 332,498 | 2,256,664 | 68,847,885 | Form | |
| 12 | Seros, Alexandra | Walter F. Ulloa Irrevocable Trust of 1996 | Sell | 5112026 | 6.60 | 166,415 | 1,099,005 | 2,574,556 | Form | |
| 13 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 5112026 | 6.97 | 343,563 | 2,396,352 | 73,074,146 | Form | |
| 14 | Seros, Alexandra | Walter F. Ulloa Irrevocable Trust of 1996 | Sell | 5112026 | 6.97 | 333,585 | 2,324,420 | 3,876,041 | Form | |
| 15 | Jeffery, Liberman A | President and COO | family trust | Sell | 12152025 | 3.15 | 20,153 | 63,565 | 184,064 | Form |
| 16 | Jeffery, Liberman A | President and COO | family trust | Sell | 12152025 | 3.15 | 25,914 | 81,551 | 247,071 | Form |
| 17 | Jeffery, Liberman A | President and COO | family trust | Sell | 12152025 | 3.24 | 21,892 | 70,862 | 338,010 | Form |
| 18 | Jeffery, Liberman A | President and COO | family trust | Sell | 12102025 | 3.29 | 85,108 | 279,912 | 415,441 | Form |
| 19 | Jeffery, Liberman A | President and COO | family trust | Sell | 12102025 | 3.11 | 39,441 | 122,594 | 657,169 | Form |
| 20 | Jeffery, Liberman A | President and COO | family trust | Sell | 12102025 | 3.00 | 27,492 | 82,608 | 753,799 | Form |
| 21 | Jeffery, Liberman A | President and COO | family trust | Sell | 12082025 | 2.77 | 12,876 | 35,712 | 772,023 | Form |
| 22 | Jeffery, Liberman A | President and COO | family trust | Sell | 12042025 | 2.80 | 14,291 | 40,018 | 815,511 | Form |
| 23 | Jeffery, Liberman A | President and COO | family trust | Sell | 12042025 | 2.78 | 14,405 | 40,085 | 850,182 | Form |
| 24 | Jeffery, Liberman A | President and COO | family trust | Sell | 12042025 | 2.79 | 21,259 | 59,323 | 892,762 | Form |
| 25 | Jeffery, Liberman A | President and COO | family trust | Sell | 12012025 | 2.81 | 20,546 | 57,652 | 957,374 | Form |
| 26 | Jeffery, Liberman A | President and COO | family trust | Sell | 12012025 | 2.76 | 12,151 | 33,491 | 997,011 | Form |
| 27 | Jeffery, Liberman A | President and COO | family trust | Sell | 12012025 | 2.80 | 29,200 | 81,658 | 1,045,569 | Form |
| 28 | Jeffery, Liberman A | President and COO | family trust | Sell | 11252025 | 2.71 | 15,913 | 43,116 | 1,092,159 | Form |
| 29 | Jeffery, Liberman A | President and COO | family trust | Sell | 11252025 | 2.74 | 20,121 | 55,033 | 1,146,001 | Form |
| 30 | Jeffery, Liberman A | President and COO | family trust | Sell | 11252025 | 2.67 | 39,238 | 104,679 | 1,171,482 | Form |
| 31 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 11192025 | 2.67 | 1,979 | 5,284 | 28,889,782 | Form | |
| 32 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 11192025 | 2.73 | 35,000 | 95,420 | 29,504,351 | Form | |
| 33 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 11192025 | 2.82 | 63,859 | 179,961 | 30,596,456 | Form | |
| 34 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 11142025 | 2.77 | 46,064 | 127,491 | 30,226,082 | Form | |
| 35 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 11142025 | 2.86 | 57,978 | 165,817 | 31,365,834 | Form | |
| 36 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 11142025 | 2.93 | 45,120 | 132,337 | 32,336,480 | Form | |
| 37 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 11102025 | 2.95 | 23,093 | 68,025 | 32,609,409 | Form | |
| 38 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 11102025 | 2.86 | 69,090 | 197,597 | 31,726,741 | Form | |
| 39 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 11102025 | 2.75 | 157,817 | 433,997 | 30,696,396 | Form | |
| 40 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 9122025 | 2.31 | 41,078 | 94,726 | 26,104,250 | Form | |
| 41 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 9122025 | 2.38 | 58,525 | 139,231 | 27,028,345 | Form | |
| 42 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 9092025 | 2.48 | 24,359 | 60,532 | 28,378,069 | Form | |
| 43 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 9092025 | 2.48 | 32,911 | 81,521 | 28,347,048 | Form | |
| 44 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 9092025 | 2.47 | 22,157 | 54,728 | 28,348,230 | Form | |
| 45 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 9042025 | 2.47 | 18,902 | 46,688 | 28,402,957 | Form | |
| 46 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 9042025 | 2.48 | 20,588 | 51,058 | 28,564,826 | Form | |
| 47 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 9042025 | 2.52 | 18,978 | 47,825 | 29,077,431 | Form | |
| 48 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 8292025 | 2.58 | 12,502 | 32,230 | 29,795,598 | Form | |
| 49 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 8292025 | 2.55 | 31,660 | 80,638 | 29,469,154 | Form | |
| 50 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 8292025 | 2.53 | 53,046 | 134,259 | 29,364,163 | Form | |
| 51 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 8262025 | 2.46 | 29,648 | 72,875 | 28,647,619 | Form | |
| 52 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 8262025 | 2.48 | 18,097 | 44,826 | 28,942,499 | Form | |
| 53 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 8262025 | 2.45 | 35,747 | 87,544 | 28,659,653 | Form | |
| 54 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 8212025 | 2.35 | 36,836 | 86,712 | 27,632,055 | Form | |
| 55 | Seros, Alexandra | Survivor's Trust under the Seros Ulloa Family Trust of 1996 | Sell | 8212025 | 2.39 | 29,443 | 70,457 | 28,177,999 | Form | |
| 56 | Seros, Alexandra | Survivor's Trust under Seros Ulloa Family Trust of 1996(3 | Sell | 8212025 | 2.39 | 15,523 | 37,140 | 28,243,734 | Form |
Investor Activity (13F)
Updated Sep 4, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
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| FinViz |
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Core Cache Last Updated: 9/3/2026