Saga CommunicationsSGA
Market Cap: 94.5M
About: Saga Communications Inc is a broadcast company engaged in acquiring, developing, and operating broadcast properties. The company's objective is to operate top billing radio stations in mid-sized markets and It derives a majority of its revenue from the sale of advertising for broadcast on its stations.
Employees: 833
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
3% more capital invested
Capital invested by funds: $78.9M [Q4 2023] → $81.1M (+$2.22M) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2023] → 3 (+0) [Q1 2024]
4% less funds holding
Funds holding: 45 [Q4 2023] → 43 (-2) [Q1 2024]
12.21% less ownership
Funds ownership: 71.61% [Q4 2023] → 59.4% (-12.21%) [Q1 2024]
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Research analyst outlook
We haven’t received any recent analyst ratings for SGA.