Gannett Media Corp (GCI) CEO Michael Reed Bought $1.9 million of Shares

Nov 22, 2019

CEO of Gannett Media Corp (30-Year Financial, Insider Trades) Michael Reed (insider trades) bought 285,000 shares of GCI on 11/21/2019 at an average price of $6.61 a share. The total cost of this purchase was $1.9 million.

Gannett Co., Inc. operates as a multi-platform news and information company. It spreads the news all over the USA and UK through digital, mobile, and print products. Gannett Media Corp has a market cap of $730.500 million; its shares were traded at around $6.37 with a P/E ratio of 70.78 and P/S ratio of 0.28. The dividend yield of Gannett Media Corp stocks is 10.05%. GuruFocus has detected 2 severe warning signs with Gannett Media Corp. .

CEO Recent Trades:

CEO Michael Reed bought 285,000 shares of GCI stock on 11/21/2019 at the average price of $6.61. The price of the stock has decreased by 3.63% since.

For the complete insider trading history of GCI, click here

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