Entravision director Paul Zevnik sells $293,964 in stock
Entravision Communications Corporation (NASDAQ: EVC) saw its director, Paul A. Zevnik, sell 35,000 shares of Class A common stock on September 4, 2026, for a total of $293,964. The shares were sold at an average price of $8.399 per share, falling between $8.30 and $8.565 per share. This sale occurred as EVC's stock price hovered around $8.42, having surged by 255% over the past year.
However, a detailed analysis indicates that the stock is currently overvalued, placing it among those on the Most Overvalued list. With a market capitalization of $781 million and a P/E ratio of 181, the company's financials reflect a complex landscape. Following the transaction, Zevnik personally holds 151,572 shares of Class A common stock, including 151,572 restricted stock units, and indirectly owns additional shares through various trusts and a family charitable foundation.
Meanwhile, Entravision reported robust financial results for Q2 2026, with a 126% revenue increase to $227.9 million and adjusted EPS of $0.19, marking a return to profitability. Despite these successes, executives noted that the company's rapid growth in advertising technology may not continue. This news underscores the dynamic nature of Entravision's business operations and financial performance.
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