Cumulus MediaCMLS
Market Cap: 34.6M
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 Q1 SEC filings by fund managers ($100M+ AUM)
97% more call options, than puts
Call options by funds: $213K | Put options by funds: $108K
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
1.19% less ownership
Funds ownership: 40.25% [Q4 2023] → 39.05% (-1.19%) [Q1 2024]
2% less funds holding
Funds holding: 53 [Q4 2023] → 52 (-1) [Q1 2024]
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
34% less capital invested
Capital invested by funds: $34.7M [Q4 2023] → $22.9M (-$11.8M) [Q1 2024]
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
Barrington Research James Goss | 290%upside $8 | Outperform Reiterated | 27 Feb 2024 |
Financial journalist opinion
Based on 4 articles about CMLS published over the past 30 days