A. H. Belo Corp (NYSE:AHC) Director James M. Moroney III sold 3,145 shares of the business’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $4.00, for a total value of $12,580.00. Following the completion of the transaction, the director now directly owns 283,164 shares in the company, valued at $1,132,656. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
NYSE AHC traded up $0.05 during trading hours on Tuesday, reaching $4.00. The company’s stock had a trading volume of 7,400 shares, compared to its average volume of 19,297. A. H. Belo Corp has a 1 year low of $3.35 and a 1 year high of $5.75.
A. H. Belo (NYSE:AHC) last issued its quarterly earnings data on Friday, March 8th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $52.61 million for the quarter. A. H. Belo had a negative return on equity of 6.40% and a negative net margin of 2.69%.
Separately, TheStreet cut A. H. Belo from a “c” rating to a “d+” rating in a report on Tuesday, March 12th.
Several institutional investors and hedge funds have recently modified their holdings of the company. North Star Investment Management Corp. raised its holdings in shares of A. H. Belo by 0.4% during the 4th quarter. North Star Investment Management Corp. now owns 1,283,607 shares of the company’s stock worth $4,326,000 after acquiring an additional 5,238 shares in the last quarter. Minerva Advisors LLC raised its holdings in shares of A. H. Belo by 2.5% during the 4th quarter. Minerva Advisors LLC now owns 964,669 shares of the company’s stock worth $3,251,000 after acquiring an additional 23,629 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of A. H. Belo by 2.0% during the 3rd quarter. Renaissance Technologies LLC now owns 830,449 shares of the company’s stock worth $3,820,000 after acquiring an additional 15,990 shares in the last quarter. Penn Capital Management Co. Inc. raised its holdings in shares of A. H. Belo by 3.5% during the 4th quarter. Penn Capital Management Co. Inc. now owns 322,609 shares of the company’s stock worth $1,087,000 after acquiring an additional 11,035 shares in the last quarter. Finally, Parthenon LLC raised its holdings in shares of A. H. Belo by 6.6% during the 4th quarter. Parthenon LLC now owns 183,884 shares of the company’s stock worth $620,000 after acquiring an additional 11,322 shares in the last quarter. 61.41% of the stock is currently owned by institutional investors and hedge funds.
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About A. H. Belo
A.H. Belo Corporation, together with its subsidiaries, operates as a local news and information publishing company primarily in Texas. The company operates through two segments, Publishing and Marketing Services. The Publishing segment publishes The Dallas Morning News, a newspaper; Briefing newspaper; and Al Dia, a Spanish-language newspaper, as well as operates related Websites and applications.
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