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E.W. Scripps Director Buys $156,400 in Stock
Charles Barmonde, a director at the media company, purchased 40,000 shares.
Published on Mar. 8, 2026
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E.W. Scripps Company (NASDAQ:SSP) Director Charles Barmonde purchased 40,000 shares of the company's stock on March 3rd, 2026 at an average price of $3.91 per share, for a total value of $156,400. This transaction increased Barmonde's ownership stake in the company to 740,069 shares, valued at approximately $2.89 million.
Why it matters
Insider buying activity can be seen as a positive signal, as it suggests the director believes the stock is undervalued and has confidence in the company's future prospects. E.W. Scripps is a diversified media company with a portfolio of local TV stations, cable networks, and digital platforms, so this purchase could indicate the director's optimism about the company's strategic direction.
The details
The purchase was disclosed in a filing with the SEC. Following the transaction, Barmonde now owns 740,069 shares of E.W. Scripps, representing a 5.71% increase in his ownership stake. The company's stock closed at $4.57 on the day of the purchase.
- The shares were purchased on Tuesday, March 3rd, 2026.
The players
Charles Barmonde
A director of E.W. Scripps Company (NASDAQ:SSP).
E.W. Scripps Company
A diversified U.S. media organization headquartered in Cincinnati, Ohio, with a portfolio of local TV stations, cable networks, and digital platforms.
The takeaway
This insider buying activity suggests the director sees value in E.W. Scripps' stock and is confident in the company's future performance, which could be a positive signal for investors considering the stock.
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