The President of Emmis Communications is Exercising Options

By Carrie Williams

Today it was reported that the President of Emmis Communications (EMMSResearch Report), Patrick M. Walsh, exercised options to sell 18,404 EMMS shares at $2.83 a share, for a total transaction value of $86.59K.

In addition to Patrick M. Walsh, 3 other EMMS executives reported Sell trades in the last month. Following Patrick M. Walsh’s last EMMS Sell transaction on January 14, 2019, the stock climbed by 1.0%.

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The company has a one-year high of $6.75 and a one-year low of $3.13. EMMS’s market cap is $61.65M and the company has a P/E ratio of 6.80. Currently, Emmis Communications has an average volume of 20.82K.

The insider sentiment on Emmis Communications has been negative according to 51 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Emmis Communications Corp. is a media company, which engages in the business of radio broadcasting. It operates through the following segments: Radio, Publishing, and Corporate and Emerging Technologies. The company was founded by Jeffrey H. Smulyan in 1979 and is headquartered in Indianapolis, IN.