IHEARTMEDIA to Report Earnings as Analysts Prepare for Results
IHEARTMEDIA ($IHRT) is set to unveil its quarterly earnings data on Monday, May 12th, following market close, according to Finnhub. Analysts anticipate revenue of $803,105,568 and earnings of -$0.53 per share.
Recent Insider Trading at IHEARTMEDIA
In the past six months, IHEARTMEDIA insiders have executed three trades of $IHRT stock. Among these transactions, two were purchases and one was a sale.
Here’s a summary of the recent insider trading activity:
- ROBERT W PITTMAN (Chairman and CEO) purchased 200,000 shares for an estimated $320,040.
- RICHARD J BRESSLER purchased 100,000 shares for an estimated $178,820.
- JAMES A RASULO sold 40,223 shares for an estimated $96,406.
Hedge Fund Movements in IHEARTMEDIA Stock
Seventy-three institutional investors have purchased shares of IHEARTMEDIA while 42 have reduced their holdings in the last quarter.
Notable movements include:
- ACADIAN ASSET MANAGEMENT LLC added 1,095,425 shares (+126.6%) in Q4 2024, for an estimated $2,168,941.
- AQR CAPITAL MANAGEMENT LLC removed 1,062,596 shares (-48.9%) in Q4 2024, for an estimated $2,103,940.
- BRACEBRIDGE CAPITAL, LLC removed 1,008,456 shares (-100.0%) in Q4 2024, for an estimated $1,996,742.
- WELLS FARGO & COMPANY/MN removed 943,029 shares (-93.9%) in Q4 2024, for an estimated $1,867,197.
- GOLDMAN SACHS GROUP INC added 532,414 shares (+22.8%) in Q1 2025, for an estimated $878,483.
- MORGAN STANLEY added 523,937 shares (+156.3%) in Q4 2024, for an estimated $1,037,395.
- CITADEL ADVISORS LLC added 508,665 shares (+316.4%) in Q4 2024, for an estimated $1,007,156.
Government Contracts Awarded to IHEARTMEDIA
In the last year, IHEARTMEDIA received $98,450 in award payments.
Notable awards include:
(Information on the most significant awards to be tracked further.)
Analyst Ratings for IHEARTMEDIA
Wall Street analysts have evaluated $IHRT over the recent months. One firm has issued a buy rating, while none have recommended selling.
Recent analyst ratings include:
- Guggenheim issued a “Buy” rating on 11/18/2024.
This article is not financial advice. See Quiver Quantitative’s disclaimers for more details. Note that inaccuracies may arise due to errors in ticker mapping and other anomalies.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
