OUTFRONT Media Inc. (OUT) has announced that EVP, General Counsel Sauer Richard H. has engaged in two separate transactions involving the sale of company shares. Specifically, on June 13, 2025, Sauer sold 29,891 shares at a price per share of $15.79. Furthermore, on June 16, 2025, Sauer sold an additional 20,109 shares at a price per share of $15.88.
OUTFRONT Media Inc. (OUT) has reported that its Executive Vice President and General Counsel, Richard Sauer, has engaged in two separate transactions involving the sale of the company's shares. According to the latest SEC filings, Sauer sold a total of 49,990 shares on June 13 and 16, 2025.
On June 13, 2025, Sauer sold 29,891 shares at a price per share of $15.79. This transaction was reported under the company's Rule 10b5-1 trading plan adopted on March 14, 2025. The weighted average price for these shares was $15.79, with the sales occurring in multiple transactions [1].
On June 16, 2025, Sauer sold an additional 20,109 shares at a price per share of $15.88. This transaction was also part of the company's Rule 10b5-1 trading plan. The weighted average price for these shares was $15.88, with the sales occurring in multiple transactions [1].
These transactions follow a period of increased institutional interest in OUTFRONT Media Inc. According to a recent Form 13F filing, Wealth Enhancement Advisory Services LLC bought a new position in shares of OUTFRONT Media Inc. during the fourth quarter, valued at approximately $365,000 [2]. Other institutional investors, including Raymond James Financial Inc., Polar Asset Management Partners Inc., Bank of America Corp DE, Jefferies Financial Group Inc., and UBS AM, also modified their holdings in the company [2].
OUTFRONT Media Inc. has experienced a 3.1% decline in its stock price on Friday, June 14, 2025, trading at $15.61. The company's stock has a 50-day moving average of $15.57 and a 200-day moving average of $17.15. Analysts have provided varying ratings and price targets for the stock, with an average rating of "Hold" and a consensus price target of $18.23 [2].
References:
[1] https://www.streetinsider.com/SEC+Filings/Form+4+OUTFRONT+Media+Inc.+For%3A+Jun+13+Filed+by%3A+Sauer+Richard+H./24943006.html
[2] https://www.marketbeat.com/instant-alerts/filing-wealth-enhancement-advisory-services-llc-invests-365000-in-outfront-media-inc-nyseout-2025-06-14/
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