Townsquare Media, Inc.
TSQ · Radio Broadcasting Stations · 18.5M shares · -4%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $6M (gross $24M, SBC $17M)
Reference price $6.44 · est. market cap ~$119M — last insider sale, 2026-06-09 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B76gen composite 65pct→76
Notable findings
- No interest coverageInterest coverage 0.92 (cannot cover interest)
- Negative equityNegative book equity (debt/equity -10.56)
- Net lossNet loss (net margin -2.7%)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, CITADEL ADVISORS LLC
- Weak liquidityCurrent ratio 0.84 (<1)
- Buying back stockNet buyback — share count -4%/yr over 4y
- Notable holderHeld by 3 notable fund(s): RENAISSANCE TECHNOLOGIES LLC, STATE STREET CORP, GOLDMAN SACHS GROUP INC (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
25.5%
Operating margin
10.3%
Net margin
-2.7%
Return on equity
28.1%
Return on assets
-2.2%
ROIC
8.9%
Revenue growth (QoQ)
-1.9%
Debt / equity
-10.6×
Net debt / EBITDA
6.8×
Interest coverage
0.9×
Current ratio
0.8×
Free cash flow
$15M
EBITDA
$63M
Tangible book value
-$344M
Cash & investments
$5M
Stock comp / revenue
3.2%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Bill Wilson | Chief Executive Officer | $6M FY2025 |
| Erik Hellum | Executive Vice President, Chief Operating Officer | $3M FY2025 |
| Schatz Scott | EVP, Finance Op and Tech | — |
| Stuart Rosenstein | Executive Vice President and Chief Financial Officer | $3M FY2025 |
| WORSHEK ROBERT L. | SVP, Chief Accounting Officer | — |
| Yenicay Claire Marie | EVP, Inv Rel and Corp Comm | — |
| B. James Ford | Director | $257K FY2025 |
| David Lebow | Director | $207K FY2025 |
| Gary D. Way | Director | $207K FY2025 |
| Gary Ginsberg | Director | $207K FY2025 |
| Stephen Kaplan | Director | $232K FY2025 |
| Steven Price | Director | $433K FY2025 |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-09 | Hellum Erik | Sell | 35K | $6.44 |
| 2026-05-28 | WORSHEK ROBERT L. | Sell | 34K | $6.62 |
| 2026-05-27 | WORSHEK ROBERT L. | Grant | 34K | $6.56 |
| 2026-05-20 | Yenicay Claire Marie | Sell | 20K | $6.09 |
| 2026-05-19 | Yenicay Claire Marie | Sell | 16K | $6.04 |
| 2026-05-18 | Yenicay Claire Marie | Grant | 53K | $6.03 |
| 2026-05-18 | Yenicay Claire Marie | Sell | 18K | $6.05 |
| 2026-05-04 | Schatz Scott | Buy | 943 | $6.51 |
| 2026-03-23 | Schatz Scott | Sell | 35K | $5.25 |
| 2026-03-20 | Schatz Scott | Sell | 21K | $5.02 |
| 2026-03-19 | Schatz Scott | Sell | 29K | $5.08 |
| 2026-03-18 | Schatz Scott | Grant | 85K | $5.83 |
| 2026-02-18 | Hellum Erik | Sell | 20K | $6.58 |
| 2026-02-02 | Schatz Scott | Buy | 980 | $6.61 |
| 2026-01-20 | Hellum Erik | Sell | 6.5K | $5.57 |
| 2026-01-16 | Hellum Erik | Sell | 7.4K | $5.54 |
| 2026-01-14 | Hellum Erik | Grant | 92K | $5.41 |
| 2026-01-14 | Hellum Erik | Grant | 189K | $5.41 |
| 2026-01-14 | Rosenstein Stuart B | Grant | 111K | $5.41 |
| 2026-01-14 | Rosenstein Stuart B | Grant | 227K | $5.41 |
| 2026-01-14 | Wilson Bill | Grant | 231K | $5.41 |
| 2026-01-14 | Wilson Bill | Grant | 473K | $5.41 |
| 2026-01-14 | Way Gary D | Grant | 24K | $5.41 |
| 2026-01-14 | Lebow David | Grant | 24K | $5.41 |
| 2026-01-14 | KAPLAN STEPHEN A | Grant | 24K | $5.41 |
| 2026-01-14 | GINSBERG GARY L | Grant | 24K | $5.41 |
| 2026-01-14 | Ford B James | Grant | 24K | $5.41 |
| 2026-01-08 | WORSHEK ROBERT L. | Grant | 2.0K | $4.63 |
| 2026-01-08 | Schatz Scott | Grant | 2.0K | $4.63 |
| 2026-01-08 | Rosenstein Stuart B | Grant | 2.0K | $4.63 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-12 | 2026-05-11 | 0001499832-26-000034 ↗ |
| 10-Q | 2026-05-11 | 2026-03-31 | 0001499832-26-000031 ↗ |
| 8-K | 2026-05-11 | 2026-05-11 | 0001499832-26-000030 ↗ |
| DEF 14A | 2026-03-27 | 2026-05-11 | 0001499832-26-000023 ↗ |
| 8-K | 2026-03-16 | 2026-03-16 | 0001499832-26-000019 ↗ |
| 10-K | 2026-03-16 | 2025-12-31 | 0001499832-26-000020 ↗ |
| 10-Q | 2025-11-10 | 2025-09-30 | 0001499832-25-000124 ↗ |
| 8-K | 2025-11-10 | 2025-11-10 | 0001499832-25-000123 ↗ |
| 8-K | 2025-08-06 | 2025-08-06 | 0001499832-25-000115 ↗ |
| 10-Q | 2025-08-06 | 2025-06-30 | 0001499832-25-000116 ↗ |
| 10-Q | 2025-05-08 | 2025-03-31 | 0001499832-25-000074 ↗ |
| 8-K | 2025-05-08 | 2025-05-08 | 0001499832-25-000073 ↗ |