The E.W. Scripps Company (NYSE:SSP), saw a high level insider raise his exposure to the company through a transaction that began last week and was officially filed today, September 2nd. Senior Vice President, Chief Financial Officer and Treasurer Timothy M. Wesolowski acquired 4,185 shares at an average price of $18.96 per share. Following this move, Wesolowski now holds a total of 53,293 shares directly with the company. The E.W. Scripps Company (NYSE:SSP) is a $1.07 billion market cap company that operates as a media enterprise with interests in television stations, newspapers, and digital local media sites. The Company’s segments include television, newspapers, print advertising, digital advertising and syndication and other.
In addition, billionaire Chuck Royce‘s Royce & Associates hedge fund is involved with the company. After lowering its activity by 18% over the course of the last quarter, the fund holds 639,159 shares worth approximately $13.5 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.