GCI stock icon

Gannett
GCI

$4.76
2.26%
 

About: Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The group operates in three segments, Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The majority of revenue is from the Domestic Gannett Media segment. The company's brands include USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream, and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest, providing more than 150 local media brands.

Employees: 12,800

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 2 (+1) [Q1 2024]

7% more capital invested

Capital invested by funds: $235M [Q4 2023] → $251M (+$15.5M) [Q1 2024]

0.35% more ownership

Funds ownership: 68.74% [Q4 2023] → 69.09% (+0.35%) [Q1 2024]

4% less funds holding

Funds holding: 149 [Q4 2023] → 143 (-6) [Q1 2024]

21% less call options, than puts

Call options by funds: $161K | Put options by funds: $205K

24% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 25

36% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 56

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$3.60
24%
downside
Avg. target
$4.80
1%
upside
High target
$6
26%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
JMP Securities
Matthew Condon
26%upside
$6
Market Outperform
Initiated
1 Jul 2024
Citigroup
Jason Bazinet
24%downside
$3.6
Neutral
Upgraded
24 May 2024

Financial journalist opinion

Based on 3 articles about GCI published over the past 30 days