TEGNA IncTGNA
About: 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.
Employees: 6,200
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
38% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 39
12% more capital invested
Capital invested by funds: $2.54B [Q3] → $2.85B (+$307M) [Q4]
2% more funds holding
Funds holding: 324 [Q3] → 331 (+7) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
0.68% less ownership
Funds ownership: 97.38% [Q3] → 96.7% (-0.68%) [Q4]
21% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 125
60% less call options, than puts
Call options by funds: $11M | Put options by funds: $27.7M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Guggenheim Curry Baker 62% 1-year accuracy 16 / 26 met price target | 23%upside $22 | Buy Reiterated | 24 Jan 2025 |
Wells Fargo Steven Cahall 59% 1-year accuracy 22 / 37 met price target | 29%upside $23 | Overweight Upgraded | 19 Dec 2024 |
Financial journalist opinion
Based on 4 articles about TGNA published over the past 30 days
