Townsquare Media Director Buys 46,509 Shares at $6.77 per Share.

Townsquare Media, Inc. (TSQ) has announced that Director KAPLAN STEPHEN A has purchased 46,509 shares at a price of $6.77 per share on August 11, 2023.

Townsquare Media, Inc. (TSQ) has reported that Director Stephen A. Kaplan has purchased 46,509 shares of Class A Common Stock at a weighted average price of $6.77 per share, totaling $314,865. The acquisition was announced on August 11, 2023, and is part of a restricted stock grant vesting fully on the first anniversary of the grant. Following this transaction, Kaplan directly owns 198,618 shares of the company [1].

The purchase comes amidst strong financial performance reported by Townsquare Media. The company reported $115.4 million in net revenue for Q2 2025, aligning with the high end of its guidance range. Adjusted EBITDA increased to $26.4 million, showing a 0.7% year-over-year increase. This growth was driven by the execution of their digital-first local media strategy, which accounted for 55% of total net revenue [2].

Digital advertising revenue grew by 2% year-over-year in Q2, with programmatic advertising contributing 60% of the segment's revenue. Despite challenges, direct sales and programmatic business showed strong performance, with programmatic growth approaching double digits. However, the decline in search engine referral traffic negatively impacted indirect revenue, affecting overall growth [2].

Townsquare Interactive's segment profit increased by 15% year-over-year in Q2 2025, with a profit margin of 33%. This growth was attributed to a restructuring of the customer service model, a more productive sales team, and the deployment of AI solutions. The company remains confident in continued strong profit growth due to these strategic changes [2].

The broadcast advertising net revenue declined by 7.8% excluding political revenue in Q2, aligning with expectations. Despite this decline, broadcast segment profit margins increased year-over-year to approximately 30%. Townsquare views broadcast as a mature cash cow business, with digital solutions offsetting revenue declines [2].

References:
[1] https://www.tradingview.com/news/tradingview:2529f0aecb1d1:0-townsquare-media-director-stephen-a-kaplan-acquires-46-509-shares/
[2] https://www.ainvest.com/news/townsquare-earnings-call-conflicting-narratives-digital-advertising-growth-strategies-market-outlook-2508/