Versant Media Group, Inc.
VSNT · Television Broadcasting Stations · EDGAR filings ↗
Reference price $37.65 — last insider purchase, 2026-03-13 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
B74Versant Media Group — cable-networks spinoff (USA, CNBC, MSNBC, etc.) with strong margins.
Strengths
- Operating margin 19% (100th pct), ROA (100th), strong FCF (100th); low leverage (12th)
- Highly cash-generative network portfolio
Risks
- Revenue declining; cord-cutting / secular linear-TV erosion
- Affiliate/ad-cycle sensitivity
Notable findings
Quarterly revenue
Last 2 quarters · from SEC filings.
Key metrics
Operating margin
19.0%
Net margin
13.9%
Return on equity
9.0%
Return on assets
7.5%
ROIC
8.9%
Revenue growth (QoQ)
-1.1%
Net-income growth
-31.8%
Debt / equity
0.1×
Current ratio
4.0×
Free cash flow
$1.9B
Tangible book value
$1.8B
Cash & investments
$269M
Stock comp / revenue
0.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-02 | Fasbender Jordan | Tax withheld | 3.7K | $40.83 |
| 2026-04-03 | Wright Gregory Michael | Tax withheld | 495 | $37.43 |
| 2026-03-13 | Potter Leonard | Buy | 2.5K | $37.65 |
| 2026-03-12 | Potter Leonard | Buy | 5.0K | $37.88 |
| 2026-03-11 | Potter Leonard | Buy | 3.0K | $38.34 |
| 2026-03-10 | Potter Leonard | Buy | 3.0K | $37.31 |
| 2026-03-09 | HASSELL GERALD L | Buy | 10K | $36.07 |
| 2026-03-09 | Conway Michael Aaron | Buy | 1.4K | $36.14 |
| 2026-03-05 | NOVAK DAVID C | Buy | 143K | $36.85 |
| 2026-03-05 | Wright Gregory Michael | Grant | 12K | — |
| 2026-03-05 | Lazarus Mark H | Grant | 204K | — |
| 2026-03-05 | Kini Anand | Grant | 109K | — |
| 2026-03-05 | Fasbender Jordan | Grant | 27K | — |
| 2026-01-09 | Kini Anand | Grant | 225K | — |
| 2026-01-09 | Kini Anand | Grant | 81K | — |
| 2026-01-09 | Lazarus Mark H | Grant | 287K | — |
| 2026-01-09 | Lazarus Mark H | Grant | 135K | — |
| 2026-01-09 | Eun David | Grant | 2.4K | — |
| 2026-01-09 | Potter Leonard | Grant | 2.4K | — |
| 2026-01-09 | Campbell Rebecca | Grant | 2.4K | — |
| 2026-01-09 | Condon Creighton | Grant | 2.4K | — |
| 2026-01-09 | Mahoney William Scott | Grant | 2.4K | — |
| 2026-01-09 | Conway Michael Aaron | Grant | 2.4K | — |
| 2026-01-09 | Montiel Maritza Gomez | Grant | 2.4K | — |
| 2026-01-09 | Wright Gregory Michael | Grant | 12K | — |
| 2026-01-09 | Wright Gregory Michael | Grant | 4.0K | — |
| 2026-01-09 | NOVAK DAVID C | Grant | 2.4K | — |
| 2026-01-09 | HASSELL GERALD L | Grant | 2.4K | — |
| 2026-01-09 | Fasbender Jordan | Grant | 46K | — |
| 2026-01-09 | Fasbender Jordan | Grant | 11K | — |
| 2026-01-02 | COMCAST CORP | Disposition | 100 | — |
| 2026-01-02 | COMCAST CORP | Grant | 143.8M | — |
| 2026-01-02 | COMCAST CORP | Other | 143.8M | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-26 | 2026-06-25 | 0002067876-26-000032 ↗ |
| 10-Q | 2026-05-14 | 2026-03-31 | 0002067876-26-000027 ↗ |
| 8-K | 2026-05-14 | 2026-05-14 | 0002067876-26-000025 ↗ |
| 10-K | 2026-03-03 | 2025-12-31 | 0002067876-26-000010 ↗ |
| 8-K | 2026-03-03 | 2026-03-03 | 0002067876-26-000007 ↗ |
| 8-K | 2026-01-07 | 2026-01-06 | 0000950103-26-000204 ↗ |
| 8-K | 2026-01-05 | 2026-01-02 | 0000950103-26-000080 ↗ |
| 8-K | 2025-12-08 | 2025-12-04 | 0001193125-25-310612 ↗ |