Saga CommunicationsSGA
Market Cap: $91.4M
About: Saga Communications Inc is a broadcast company engaged in acquiring, developing, and operating broadcast properties. The company's objective is to operate top billing radio stations in mid-sized markets and It derives a majority of its revenue from the sale of advertising for broadcast on its stations.
Employees: 833
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2% less funds holding
Funds holding: 43 [Q1] → 42 (-1) [Q2]
3.68% less ownership
Funds ownership: 59.94% [Q1] → 56.27% (-3.68%) [Q2]
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
32% less capital invested
Capital invested by funds: $81.9M [Q1] → $55.4M (-$26.5M) [Q2]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]
47% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 17
Research analyst outlook
We haven’t received any recent analyst ratings for SGA.