No insider purchase over the last 90 days. The latest was filed 04 Feb 2026.
Townsquare Media, Inc., classified in the Media & Communication sector, is a listed company based in Greenwich, United States, founded in 1996. Its insiders report their share dealings to SEC (Form 4). Between 18 October 2025 and 18 October 2026, 12 insiders published 26 filings.
Open-market activity splits into 2 purchases totalling €10k and 6 sales totalling €981k; 1 insider sit on the buying side and 3 insiders on the selling side. On balance, insiders were net sellers of €971k. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. The buyers include 1 senior executive. The largest single trade was a sale of €616k by Wilson Bill, published on 12 August 2026, equal to 0.78% of the market capitalisation.
The latest purchase dates back some time: it was published 256 days ago, on 4 February 2026. Typically, a trade is published a median of 2 days after it takes place. Section 16 rules allow two business days to file each Form 4. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify.
For context, the typical company on the same exchange (median of 5,811 companies) published 19 filings over the same period, against 26 filings here. The full history, which starts in 2021, counts 9 purchases against 20 sales. The 10-K for the year ended 31 December 2025 shows 427.4 m USD of revenue and -11.5 m USD of net income and a dividend of 0.80 USD per share.
Elsewhere in the same sector, our signals recently picked up insider purchases at Globalstar, Inc. and Liberty Latin America Ltd. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
+1 other insider
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
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 2025 · cache
25 of 143 declarations
Townsquare Media, Inc. (NYSE: TSQ) is a U.S.-listed media, radio and digital marketing company headquartered in Purchase, New York, United States. The company is focused primarily on small and mid-sized markets across the country, serving local advertisers, small and medium-sized businesses, and community audiences with a blended model that spans broadcast radio, local digital content and performance-based marketing solutions. For investors, Townsquare is best understood as a specialized local-media platform rather than a broad national broadcaster, with a business model closely tied to regional economies and local advertising demand.
Townsquare was founded in the early 2000s and built through a series of acquisitions in local media. Over time, the company has deliberately shifted its economic mix away from traditional radio and toward digital. Recent company disclosures indicate that digital now accounts for more than half of total net revenue and profit, underscoring the importance of digital transformation in the investment case. Townsquare’s operating model is built around three core businesses: local radio, digital advertising, and Townsquare Interactive, its subscription-based digital marketing services offering for small businesses.
Operationally, the Radio segment includes a large portfolio of terrestrial stations in U.S. markets outside the 50 largest metro areas. Townsquare Ignite is the company’s digital advertising engine, supported by proprietary programmatic advertising technology, an in-house demand and data management platform, and a network of more than 400 owned-and-operated local news and entertainment websites and mobile apps. Townsquare Interactive provides recurring services such as website design and hosting, search engine optimization, social media management, online reputation management, and other monthly digital services for SMBs. This mix gives the company a differentiated position versus both national digital platforms and more traditional local radio operators.
Recent developments have reinforced the company’s digital strategy. In 2025 and 2026, Townsquare announced several strategic white-label digital advertising partnerships, extending its technology and sales capabilities to additional local media operators. In May 2026, the company reported first-quarter 2026 results, highlighting a modest year-over-year decline in net revenue but improved net income, while continuing to emphasize digital monetization and operational discipline. Overall, TSQ offers exposure to U.S. local advertising, a sizable media footprint, and a growing digital layer, with shares traded on the NYSE in the United States.
Purchases our model currently ranks for the recommendations list.
All recommendationsHeadquarters: Greenwich, United States · Founded: 1996 · Wikipedia article
Source: Wikidata (CC0).
| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2025 | 427.4 m USD | -11.5 m USD | n.d. | 0.80 USD | 10-K |
| Dec 2024 | 451.0 m USD | -12.7 m USD | -0.81 USD | 0.79 USD | 10-K |
| Dec 2023 | 454.2 m USD | -45.0 m USD | -2.68 USD | 0.75 USD | 10-K |
| Dec 2022 | 463.1 m USD | 12.3 m USD | n.d. | n.d. | 10-K |
| Dec 2021 | 418.0 m USD | 16.7 m USD | n.d. | 0.00 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.