A Director at Emmis Communications Corp. (NASDAQ: EMMS) is Selling Shares

By Carrie Williams

Today, a Director at Emmis Communications Corp. (NASDAQ: EMMS), Richard Leventhal, sold shares of EMMS for $47.05K.

This is Leventhal’s first Sell trade following 5 Buy transactions. In addition to Richard Leventhal, 2 other EMMS executives reported Sell trades in the last month.

The company has a one year high of $4.33 and a one year low of $1.70. Currently, Emmis Communications Corp. has an average volume of 15.26K.

The insider sentiment on Emmis Communications Corp. has been neutral according to 46 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

Emmis Communications Corp. owns and operates radio and magazine entities in large and medium sized markets throughout the U.S. The company operates through the following business segments: Radio, Publishing, and Corporate and Emerging Tehnologies. It operates radio stations, television stations and publishes magazines. The company owns FM and AM radio stations in New York, Los Angeles, Indianapolis and Terre Haute. Emmis Communications was founded by Jeffrey H. Smulyan in 1979 and is headquartered in Indianapolis, IN.