TGNA - Tegna Insider Trades Send A Signal | Benzinga
Making a noteworthy insider sell on May 15, Clifton McClelland III, SVP at Tegna (NYSE:TGNA), is reported in the latest SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that III sold 54,093 shares of Tegna. The total transaction amounted to $853,587.
At Thursday morning, Tegna shares are down by 0.0%, trading at $15.24.
About Tegna
Tegna Inc is a media company with a portfolio of broadcast stations and digital sites. The firm has television stations and radio stations in approximately U.S. markets. The company owns multicast networks of True Crime Network, Twist, and Quest. Each television station also has a robust digital presence across online, mobile, connected television, and social platforms, reaching consumers on all devices and platforms used to consume news content. It generates key revenue from advertising and marketing services, subscriptions, political advertising, and other services.
Breaking Down Tegna's Financial Performance
Revenue Growth: Tegna's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -3.52%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the company achieved a ...