NYSE · TSQ

Townsquare Media, Inc.

Closing price · Nov 13, 2026 $1.43
Last insider buy price $6.51 Paid by EVP, Finance Op and Tech Scott Schatz on May 4, 2026 (Form 4). Not today's price.

Latest quarter · ended Sep 30, 2026

Cash got weaker, but sales grew

descriptionFiled Nov 4, 2026
Revenue growthFaster
+3.9%
Quarter ended Dec 31, 2024: +2.6% sales vs. a year beforeQuarter ended Mar 31, 2025: −1.0% sales vs. a year beforeQuarter ended Jun 30, 2025: −2.3% sales vs. a year beforeQuarter ended Sep 30, 2025: −7.4% sales vs. a year beforeQuarter ended Dec 31, 2025: −9.6% sales vs. a year beforeQuarter ended Mar 31, 2026: −1.9% sales vs. a year beforeQuarter ended Jun 30, 2026: −0.1% sales vs. a year beforeQuarter ended Sep 30, 2026: +3.9% sales vs. a year before
Dec '24Sep '26
$111M vs. $107M a year ago
Gross marginSteady
25.8%
Quarter ended Dec 31, 2024: 31.6% gross marginQuarter ended Mar 31, 2025: 23.2% gross marginQuarter ended Jun 30, 2025: 28.3% gross marginQuarter ended Sep 30, 2025: 26.2% gross marginQuarter ended Dec 31, 2025: 24.1% gross marginQuarter ended Mar 31, 2026: 21.9% gross marginQuarter ended Jun 30, 2026: 26.7% gross marginQuarter ended Sep 30, 2026: 25.8% gross margin
Dec '24Sep '26
vs. 26.2% a year ago
Cash from operationsWorse
$5.12M
Quarter ended Dec 31, 2024: $28.2M cash from operationsQuarter ended Mar 31, 2025: −$66K cash from operationsQuarter ended Jun 30, 2025: $10.2M cash from operationsQuarter ended Sep 30, 2025: $7.88M cash from operationsQuarter ended Dec 31, 2025: $12.6M cash from operationsQuarter ended Mar 31, 2026: $4.2M cash from operationsQuarter ended Jun 30, 2026: $3.58M cash from operationsQuarter ended Sep 30, 2026: $5.12M cash from operations
Dec '24Sep '26
−35% from $7.88M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Mixed Insiders: as of Nov 13 Funds: as of Jun 30, 2026
−1000+100 −17
  • account_balance
    1 fund bought, 2 sold in the quarter ended Jun 30, 2026, counting funds that hold 500 stocks or fewer and $1M+ of this one. Index funds and banks are left out.
  • info
    14 real insider sales in 12 months. $2.28M in total, not counting planned sales.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

63 funds report owning TSQ, down from 64

Holdings as of Jun 30, 2026
New9
Added12
Held29
Trimmed13
Sold out10

Last quarter

Who bought and who sold

Apr–Jun 2026
Capital Management Corp
+15%
MSD Capital, L.P.
−15%
Beck Mack & Oliver LLC
−23%

Change in shares held from Mar 31 to Jun 30, 2026, biggest holdings first. Only funds that hold 500 stocks or fewer and $1M+ of this one: index funds and banks own almost everything, so their changes say little. Bars stop at ±100%.

Insider trades · last 12 months

Real buys and sales

● Open-market buy● Open-market sale
CEOCFOOther officersDirectorsDecJanFebMarAprMayJunJulAugSepOctNovStock grant · Jan 8 · $9.26KStock grant · Jan 8 · $18.5K · 2 peopleStock grant · Jan 14 · $650K · 5 peopleStock grant · Jan 14 · $1.52MStock grant · Jan 14 · $1.83MStock grant · Jan 14 · $3.81MStock grant · Mar 18 · $495KStock grant · May 18 · $321KStock grant · May 27 · $225KStock grant · Jul 16 · $16.3K · 2 peopleStock grant · Aug 3 · $6.72KOpen-market sale · Dec 29 · $28.8KOpen-market sale · Jan 16 · $41.2KOpen-market sale · Jan 20 · $36.3KOpen-market buy · Feb 2 · $6.48KOpen-market sale · Feb 18 · $132KOpen-market sale · Mar 19 · $147KOpen-market sale · Mar 20 · $106KOpen-market sale · Mar 23 · $183KOpen-market buy · May 4 · $6.14KOpen-market sale · May 18 · $107KOpen-market sale · May 19 · $94.9KOpen-market sale · May 20 · $120KOpen-market sale · May 28 · $227KOpen-market sale · Jun 9 · $225KOpen-market sale · Aug 11 · $711KOpen-market sale · Aug 12 · $119K
CEOCFOOther officersDirectorsJunJulAugSepOctNovStock grant · Jul 16 · $16.3K · 2 peopleStock grant · Aug 3 · $6.72KOpen-market sale · Jun 9 · $225KOpen-market sale · Aug 11 · $711KOpen-market sale · Aug 12 · $119K

Last 6 months. A wider screen shows 12.

Showing 16 real trades. Hidden: 17 stock grants. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Real trades, newest first

Aug 12 Bill Wilson CEO, Director, 10% owner Open-market sale $119K 21,420 sh at $5.54 Sold 1% of stake
Aug 11 Bill Wilson CEO, Director, 10% owner Open-market sale $711K 126,744 sh at $5.61 Sold 4% of stake
Jun 9 Erik Hellum COO Open-market sale $225K 35,000 sh at $6.44 Sold 4% of stake
May 28 Robert Worshek SVP, Chief Accounting Officer Open-market sale $227K 34,299 sh at $6.62 Sold 19% of stake
May 20 Claire Yenicay EVP, Inv Rel and Corp Comm Open-market sale $120K 19,716 sh at $6.09 Sold 8% of stake
May 19 Claire Yenicay EVP, Inv Rel and Corp Comm Open-market sale $94.9K 15,718 sh at $6.04 Sold 6% of stake
May 18 Claire Yenicay EVP, Inv Rel and Corp Comm Open-market sale $107K 17,717 sh at $6.05 Sold 6% of stake
May 4 Scott Schatz Past buys: 1 of 4 beat EVP, Finance Op and Tech Open-market buy $6.14K 943 sh at $6.51
Mar 23 Scott Schatz EVP, Finance Op and Tech Open-market sale $183K 34,836 sh at $5.25 Sold 34% of stake
Mar 20 Scott Schatz EVP, Finance Op and Tech Open-market sale $106K 21,090 sh at $5.02 Sold 17% of stake
Show 6 older real trades
Mar 19 Scott Schatz EVP, Finance Op and Tech Open-market sale $147K 28,980 sh at $5.08 Sold 19% of stake
Feb 18 Erik Hellum COO Open-market sale $132K 20,106 sh at $6.58 Sold 2% of stake
Feb 2 Scott Schatz Past buys: 1 of 4 beat EVP, Finance Op and Tech Open-market buy $6.48K 980 sh at $6.61
Jan 20 Erik Hellum COO Open-market sale $36.3K 6,522 sh at $5.57 Sold 1% of stake
Jan 16 Erik Hellum COO Open-market sale $41.2K 7,437 sh at $5.54 Sold 1% of stake
Dec 29 Erik Hellum COO Open-market sale $28.8K 5,693 sh at $5.06 Sold 1% of stake

"Past buys: 2 of 3 beat" means this insider bought stock in 3 earlier quarters, and in 2 of them what they bought did better than the typical stock over the next 6 months. A past record is data, not a forecast.

Showing every filing. Dashed circles are routine: grants, tax withholding, option exercises and planned sales.

Big bets

Funds with a big share of their money in TSQ

As of Jun 30, 2026
FundOf fundValueChange
Capital Management Corp3%$20.3M+15%
MSD Capital, L.P.4%$4.35M−15%

Funds that hold 150 stocks or fewer, where this stock is 3% or more of what they reported. "Of fund" is its share of the fund's 13F value.

Where this data comes from. Insider trades, fund holdings, activist stakes and company results come from public SEC EDGAR filings (Forms 4, 13F, 13D/13G, 10-Q and 8-K). Congress trades come from the STOCK Act reports members file with the House Clerk and the Senate. Daily closing prices come from post-no-preference/stocks on DoltHub, a community-run database shared under CC BY-SA 4.0; the prices we show stay under that license. They are each day's close, not live or official exchange prices.

This is data, not investment advice. About StockToast