Entercom Communications Corp (ETM) Files Form 4 Insider Selling : Stephen F Fisher Sells 20,000 Shares

Entercom Communications Corp (ETM): Stephen F Fisher , Exec. VP and CFO of Entercom Communications Corp sold 20,000 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $11.99 per share for a total value of $239,848.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 18, 2016, Andrew P Iv Sutor (Sr. Vice Pres. & Secretary) sold 5,000 shares at $11.33 per share price.On Mar 14, 2016, Stephen F Fisher (Exec. VP and CFO) sold 25,000 shares at $11.58 per share price.Also, On Aug 10, 2015, David J Field (CEO) purchased 10,000 shares at $10.59 per share price.

Entercom Communications Corp. (ETM) witnessed a volatile trading activity on Friday May 13, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $12.32 and reached the intraday high at $12.32. The bulls started the profit booking and pushed the shares to intraday low of $11.93. The trading session was marked by a volume range of 57,420 shares exchanging hands. The 52-week high of the shares is $12.7 and the 52-week low is $8.88. The market cap of the company stands at $463 M and there are 3,84,53,254 shares in public circulation.

Entercom Communications Corp. Money Flow Index Chart

Entercom Communications Corp. is a radio broadcasting company. The Company operates over 125 radio stations in 26 markets including San Francisco Atlanta Boston Miami Seattle San Diego Denver Portland Sacramento Kansas City Indianapolis Milwaukee Austin Norfolk Buffalo New Orleans Memphis Providence Greensboro Greenville/Spartanburg Rochester Madison Wichita Wilkes-Barre/Scranton Springfield (MA) and Gainesville/Ocala. Its stations are classified by their format such as news talk classic rock adult contemporary alternative and country among others. A station’s format enables it to target specific segments of listeners sharing certain demographics. Advertisers and stations use data published by audience measuring services to estimate how many people within particular geographical markets and demographics listen to specific stations.

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