Filings Flow: Learn Why Sokol Alan J. Just Purchased Hemisphere Media Group, Inc Stake?

Filings Flow: Learn Why Sokol Alan J. Just Purchased Hemisphere Media Group, Inc Stake?

The New Sokol Alan J. Holding in Hemisphere Media Group, Inc

Sokol Alan J. filed with the SEC SC 13D form for Hemisphere Media Group, Inc. The form can be accessed here: 000095014216004760. As reported in Sokol Alan J.’s form, the filler as of late owns 5.9% or 1,327,741 shares of the Conglomerates–company.

Hemisphere Media Group, Inc stake is a new one for the and it was filed because of activity on November 10, 2016. We feel this shows Sokol Alan J.’s positive view for the stock.

Reasons Why Sokol Alan J. Bought – Hemisphere Media Group, Inc Stock

Item 4. Purpose of Transaction

Pursuant to that certain Amended and Restated Employment Agreement, dated as of October 26, 2016, by and between the Reporting Person and the Issuer (the

Employment Agreement

), the Reporting Person was granted 175,000 shares of restricted Class A common stock, which will vest i

n equal annual installments on each of the first three anniversaries of April 5, 2016

. Additionally, it is currently expected that consistent with the terms of the Employment Agreement and past practice, that there may be future issuances of RSAs and options to purchase Class A common stock (“Options”) to the Reporting Person. It is currently expected that employees, consultants and directors of the Issuer may receive future awards of RSAs and Options by the Issuer (as well as continue to vest into existing Options and RSA grants) consistent with past practice, and as Chief Executive Officer, President and member of the Board, the Reporting Person will evaluate any such issuances.

It is the current intent of the Issuer to continue to grow through strategic acquisitions, and as Chief Executive Officer, President and member of the Board, the Reporting Person reviews and evaluates potential transactions and the consideration used, which may include Class A common stock.

Except as described above, The Reporting Person presently has no plans or proposals which relate to or would result in any action enumerated in subparagraphs (a) through (j) of the instructions for Item 4 of Schedule 13D.

Hemisphere Media Group, Inc Institutional Sentiment

Latest Security and Exchange filings show 49 investors own Hemisphere Media Group, Inc. The institutional ownership in Q3 2015 is low, at 39.14% of the outstanding shares. This is increased by 4079837 the total institutional shares. 16601273 were the shares owned by these institutional investors. In total 7 funds opened new Hemisphere Media Group, Inc stakes, 18 increased stakes. There were 6 that closed positions and 17 reduced them.

Pembroke Management Ltd is an institutional investor bullish on Hemisphere Media Group, Inc, owning 286800 shares as of Q3 2015 for 0.29% of its portfolio. Charles Davidson Wexford Capital Lp owns 605661 shares or 1.59% of its portfolio. NY Fine Capital Partners Lp have 2.09% of their stock portfolio for 1561955 shares. Further, Luxor Capital Group Lp reported stake worth 1.57% of its US stock portfolio. The NY Pleasant Lake Partners Llc owns 1996080 shares. Hemisphere Media Group, Inc is 14.43% of the manager’s US portfolio.

Business Profile

Hemisphere Media Group, Inc. is the United States Spanish-language media company. The Company serves the United States Hispanic and Latin American markets. It operates through Hemisphere segment. It owns and operates the Spanish language networks and content production platform, including movie and telenovela channels, over two Hispanic entertainment genres and the cable television networks. The Company’s networks include Cine Latino, Inc. (Cinelatino), Televicentro of Puerto Rico, LLC (WAPA), WAPA America, Inc. (WAPA America), HMTV Pasiones US, LLC and HMTV Pasiones LatAm, LLC (collectively, Pasiones), HMTV Centroamerica TV, LLC (Centroamerica TV) and HMTV TV Dominicana, LLC (Television Dominicana). WAPA is an independent broadcast television network. WAPA America is a Spanish-language cable television network. Cinelatino is the Spanish-language cable movie network. Pasiones focuses on the program genres among Hispanics, telenovelas.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment decreased to 0.86 in Q2 2016. Its down 1.87, from 2.73 in 2016Q1. The ratio worsened, as 5 funds sold all Hemisphere Media Group Inc shares owned while 23 reduced positions. 8 funds bought stakes while 16 increased positions. They now own 7.96 million shares or 34.60% less from 12.17 million shares in 2016Q1.

The Massachusetts-based Panagora Asset Mngmt Incorporated has invested 0% in Hemisphere Media Group Inc (NASDAQ:HMTV). California Pub Employees Retirement Systems holds 0% of its portfolio in Hemisphere Media Group Inc (NASDAQ:HMTV) for 29,500 shares. Bancshares Of Montreal Can owns 4,653 shares or 0% of their US portfolio. Deutsche National Bank Ag last reported 11,092 shares in the company. Manufacturers Life Insurance Co The last reported 0% of its portfolio in the stock. The New York-based State Common Retirement Fund has invested 0% in Hemisphere Media Group Inc (NASDAQ:HMTV). Lord Abbett Ltd Liability Corporation, a New Jersey-based fund reported 34,752 shares. Geode Capital Management Limited Liability Com has 76,476 shares for 0% of their US portfolio. Nordea Invest Mngmt, a Sweden-based fund reported 226,099 shares. Pleasant Lake Prtnrs Limited Liability reported 495,168 shares or 7.91% of all its holdings. Nationwide Fund Advsr has 0% invested in the company for 5,301 shares. Blackrock Advisors Limited Liability Co has 0% invested in the company for 2,092 shares. Analytic Limited Liability Company holds 30,280 shares or 0% of its portfolio. Schwab Charles Invest Management has 31,869 shares for 0% of their US portfolio. The New York-based Blackrock has invested 0% in Hemisphere Media Group Inc (NASDAQ:HMTV).

Insider Transactions: Since June 8, 2016, the stock had 0 insider purchases, and 1 insider sale for $29.40 million net activity. Another trade for 2.80M shares valued at $29.40 million was made by Luxor Capital Group – LP on Wednesday, June 8.

The stock closed at $11.85 during the last session. It is down 7.49% since April 13, 2016 and is downtrending. It has underperformed by 11.42% the S&P500.

Hemisphere Media Group, Inc. is the United States Spanish-language media company. The company has a market cap of $500.43 million. The Firm serves the United States Hispanic and Latin American markets. It has a 29.7 P/E ratio. It operates through Hemisphere segment.

More important recent Hemisphere Media Group Inc (NASDAQ:HMTV) news were published by: Businesswire.com which released: “Hemisphere Media Group Announces Participation in UBS Global Media and …” on December 01, 2015, also Businesswire.com published article titled: “Hemisphere Media Group Announces Participation in RBC Capital Markets …”, Businesswire.com published: “Hemisphere Media Group Announces Third Quarter 2016 Financial Results” on November 04, 2016. More interesting news about Hemisphere Media Group Inc (NASDAQ:HMTV) was released by: Businesswire.com and their article: “Hemisphere Media Group to Host Third Quarter 2016 Financial Results Conference …” with publication date: October 31, 2016.

According to Zacks Investment Research, “Hemisphere Media Group, Inc. operates as an U.S. Hispanic TV/cable networks and content platform. It owns and operates Cinelatino, WAPA Television and WAPA America. Cinelatino is a Spanish-language cable movie network. WAPA America is a Spanish-language cable network tar-geting Puerto Ricans and other Caribbean Hispanics living in the U.S. WAPA TV is a broadcast television network and content producer in Puerto Rico. Hemisphere Media Group, Inc. is headquartered in Miami, Florida.”

HMTV Company Profile

Hemisphere Media Group, Inc., incorporated on January 16, 2013, is the United States Spanish-language media company. The Firm operates through Hemisphere segment. The Firm serves the United States Hispanic and Latin American markets with over five Spanish-language cable television networks distributed in the United States, over two Spanish-language cable television networks distributed in Latin America, and a broadcast television network in Puerto Rico. The Firm owns and operates the Spanish language networks and content production platform, including movie and telenovela channels, over two Hispanic entertainment genres and the cable television networks. The Company’s networks include Cine Latino, Inc. (Cinelatino), Televicentro of Puerto Rico, LLC (WAPA), WAPA America, Inc. (WAPA America), HMTV Pasiones US, LLC and HMTV Pasiones LatAm, LLC (collectively, Pasiones), HMTV Centroamerica TV, LLC (Centroamerica TV) and HMTV TV Dominicana, LLC (Television Dominicana).

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