Cumulus MediaCMLS
Market Cap: $25.2M
About: Cumulus Media Inc is an audio-first media company delivering content to over a quarter billion people every month wherever and whenever required. It is a radio broadcasting company combining high-quality local programming with iconic, nationally syndicated media, sports, and entertainment brands to deliver premium content choices to its customers and radio stations affiliated with Westwood One network and numerous digital channels. The company's revenue is derived mainly from the sale of local, regional, and national advertising which is broadcast on its radio stations.
Employees: 3,367
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2.56% less ownership
Funds ownership: 39.17% [Q1] → 36.62% (-2.56%) [Q2]
12% less funds holding
Funds holding: 52 [Q1] → 46 (-6) [Q2]
42% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 19
46% less capital invested
Capital invested by funds: $23M [Q1] → $12.4M (-$10.6M) [Q2]
53% less call options, than puts
Call options by funds: $32K | Put options by funds: $68K
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Research analyst outlook
We haven’t received any recent analyst ratings for CMLS.
Financial journalist opinion
Based on 4 articles about CMLS published over the past 30 days