Cumulus Media (CMLS)

• Market cap: $14.9M
• 1 day: -6.98%
• 5 days: -2.22%
• 1 month: 7.87%
• 3 months: 19.73%
• 6 months: -47.31%
• Year to date: 20.53%
• 1 year: -77.14%
• 5 years: -93.82%
• 10 years: -94.86%
• Sector: Communication Services
• Industry: Radio Broadcasting Stations

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 Q4 regulatory filings by fund managers ($100M+ AUM)

88% more call options, than puts

Call options by funds: $30K | Put options by funds: $16K

2.38% less ownership

Funds ownership: 35.6% [Q3] → 33.23% (-2.38%) [Q4]

20% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 10

21% less funds holding

Funds holding: 42 [Q3] → 33 (-9) [Q4]

53% less capital invested

Capital invested by funds: $7.76M [Q3] → $3.66M (-$4.1M) [Q4]

90% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 10