A Director at Gray Television (NYSE: GTN) is Buying Shares

By Carrie Williams

Today, a Director at Gray Television (NYSE: GTN), Robin Robinson Howell, bought shares of GTN for $12.13K.

In addition to Robin Robinson Howell, 2 other GTN executives reported Buy trades in the last month.

Based on Gray Television’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $204 million and GAAP net loss of $213K. In comparison, last year the company earned revenue of $151 million and had a net profit of $6.61 million. The company has a one year high of $17.70 and a one year low of $7. GTN’s market cap is $665.1M and the company has a P/E ratio of 16.40.

Starting in April 2014, GTN received 5 Buy ratings in a row. Three different firms, including Barrington and Wells Fargo, currently also have a Buy rating on the stock.

The insider sentiment on Gray Television has been neutral according to 32 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

Gray Television, Inc. is a television broadcasting company. It owns and operates television stations and digital assets in markets throughout the U.S. It also broadcast secondary digital channels within a market. The company was founded in 1897 and is headquartered in Atlanta, GA.