Cox Thomas R. has demonstrated a clear selling bias in their trading activity involving TEGNA Inc. (TGNA), with $10.78 million in total sales compared to just $70,061 in purchases across 29 reported transactions. The most significant disposals occurred on March 19, 2026, when Cox executed four separate sales totaling $7.92 million, including a single transaction valued at $3.12 million. Earlier sales include a $788,340 disposition on December 15, 2025, and a $457,743 sale on February 28, 2025. The only notable buy occurred on February 3, 2025, for $70,061, while other acquisitions were either negligible or involved derivative transactions with no reported value.
The trading pattern shows Cox has consistently reduced their TGNA position over a two-year period, with the bulk of sales concentrated in early 2026. The transactions include a mix of direct stock sales (coded "D") and derivative transactions (coded "F"), though the latter appear to be smaller in scale. Notably, multiple transactions in late February and early March across different years suggest potential recurring activity tied to compensation or vesting schedules. The absence of recent buys—with the last purchase occurring over a year prior—reinforces the sustained divestment trend in TGNA shares.
AI-assisted summary