No insider purchase over the last 90 days. The latest, by EPPERSON STUART W, was filed 09 Apr 2020.
This page follows insider dealings at Salem Media Group, Inc. as filed with SEC (Form 4), a company from the Media & Communication sector based in Camarillo, United States. The group dates from 1972. No insider at Salem Media Group, Inc. has published a filing in the past twelve months. The most recent one dates from 4 March 2022.
Our records for Salem Media Group, Inc. go back to 2016, with 86 purchases and 84 sales on the open market in total.
Elsewhere in the same sector, our signals recently picked up insider purchases at Liberty Latin America Ltd. and PodcastOne, Inc. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2023 · cache
25 of 236 declarations
SALEM MEDIA GROUP, INC. /DE/ (ticker: SALM) is a United States-based media company listed on the US market, with its operating headquarters in Camarillo, California. Salem is best understood as a niche multimedia platform focused on Christian and conservative content, spanning radio broadcasting, digital media, streaming video, books, and newsletters. The company states that its national reach across radio, digital platforms, and publishing brands allows it to engage millions of listeners, readers, and viewers each day. ([investor.salemmedia.com](https://investor.salemmedia.com/news-events/press-releases/detail/919/salem-media-has-released-its-year-end-2025-annual-report?utm_source=openai))
The company’s roots go back to the 1970s, while the current corporate structure was formed in 1986 through the combination of assets by the founders. Since then, Salem has evolved from a radio-centric operator into a broader cross-platform media group. Its expansion history includes strategic acquisitions in conservative and Christian media, as well as the development of digital properties that became core to the business mix. Over time, Salem has built a recognizable brand portfolio in opinion-led media, which differentiates it from mainstream broadcasters and general-interest publishers. ([investor.salemmedia.com](https://investor.salemmedia.com/company-information/faq?utm_source=openai))
Today, Salem’s principal business lines include the Salem Radio Network, local and syndicated radio content, digital news and commentary properties, podcasting, streaming television through Salem News Channel, and Christian/conservative book and newsletter publishing. Key brands and platforms referenced by the company include Townhall Media, Townhall.com, HotAir.com, RedState.com, PJ Media, Eagle Financial Publications, and related audio/video offerings. This mix gives Salem multiple monetization channels: advertising, sponsorship, syndication, subscription-style audience relationships, and content distribution partnerships. Competitive positioning is therefore specialized rather than mass-market; the company serves a loyal, values-driven audience, which can be an asset for engagement and brand affinity, but also implies a narrower demographic focus than diversified media peers. ([investor.salemmedia.com](https://investor.salemmedia.com/news-events/press-releases/detail/910/townhall-media-announces-larry-oconnor-as-new-editor-of?utm_source=openai))
Geographically, Salem is overwhelmingly U.S.-focused, with national distribution through broadcast radio, websites, podcasts, and streaming platforms. In March 2026, Salem News Channel launched on Amazon Prime Video, a notable step that broadened the company’s television distribution through one of the largest streaming ecosystems in the United States. Recent corporate developments also show an active management agenda: the company released its year-end 2025 annual report in March 2026, expanded programming and host lineups across radio and digital assets, and previously modified its lending arrangements in 2025 to strengthen collateral and borrowing capacity. For investors, these events indicate a media group that is attempting to improve financial flexibility while extending its audience reach across legacy and digital formats. ([investor.salemmedia.com](https://investor.salemmedia.com/news-events/press-releases/detail/919/salem-media-has-released-its-year-end-2025-annual-report?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendationsHeadquarters: Camarillo, United States · Founded: 1972 · Wikipedia article
Source: Wikidata (CC0).
| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2022 | 267.0 m USD | -3.2 m USD | -0.12 USD | n.d. | 10-K |
| Dec 2021 | 258.2 m USD | 41.5 m USD | 1.52 USD | n.d. | 10-K |
| Dec 2020 | 236.2 m USD | -54.1 m USD | -2.03 USD | n.d. | 10-K |
| Dec 2019 | 253.9 m USD | -27.8 m USD | -1.05 USD | n.d. | 10-K |
| Dec 2018 | 262.8 m USD | -3.2 m USD | -0.12 USD | 0.26 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.