Saga Communications, Inc.
Saga Communications, Inc. (SGA) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · SGA · as of Mar 31, 2025
Ownership Breakdown
31
Institutional Holders
▼ 7 vs Q4
$45.45M
Total Inst. Value
▲ $3.86M vs Q4
6.37M
Shares Outstanding
freeFloat 70.59%
3.64M
13F Shares Held
▼ 126,194 vs Q4
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
SGA largest shareholders · institutional ownership
Q1 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
TOWERVIEW LLC radio broadcasting stations | 1.16M | 18.96% | 18.96% | $14.48B | May 6, 2025 | — held |
GATE CITY CAPITAL MANAGEMENT, LLC radio broadcasting stations | 863.8K | 14.11% | 14.11% | $10.77B | May 15, 2025 | — held |
DIMENSIONAL FUND ADVISORS LP radio broadcasting stations | 354.8K | 5.80% | 5.80% | $4.42B | May 13, 2025 | — held |
MINERVA ADVISORS LLC radio broadcasting stations | 226.7K | 3.70% | 3.70% | $2.83B | May 9, 2025 | — held |
VANGUARD GROUP INC radio broadcasting stations | 205.4K | 3.36% | 3.36% | $2.56B | May 9, 2025 | — held |
PEAPOD LANE CAPITAL LLC radio broadcasting stations | 203.7K | 3.33% | 3.33% | $2.54B | Apr 30, 2025 | ▲ 51.9K |
BLACKROCK, INC. radio broadcasting stations | 128.1K | 2.09% | 2.09% | $1.60B | May 2, 2025 | ▼ 189 |
RENAISSANCE TECHNOLOGIES LLC radio broadcasting stations | 116.2K | 1.90% | 1.90% | $1.45B | May 14, 2025 | ▲ 900 |
BRIDGEWAY CAPITAL MANAGEMENT, LLC radio broadcasting stations | 73.0K | 1.19% | 1.19% | $910.58M | May 15, 2025 | ▼ 5.0K |
GEODE CAPITAL MANAGEMENT, LLC radio broadcasting stations | 57.7K | 94.29% | 94.29% | $720.12M | May 13, 2025 | ▼ 698 |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q1 2025 vs prior quarter
Q1 2025
8
Increased
+81.1K shares1
New Positions
first time holders9
Decreased
−19.4K shares7
Sold Out
fully exitedNet shares change (top 50)
+61.7K
+81.1K / −19.4K
Net new holders
-7
1 new / 7 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
SGA insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
0
Buy transactions
1
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Edward K. Christian Trust 10 percent owner | Feb 25, 2026 | Sale | 5,665 | $12.07 | $68.4K | 881.0K | Form 4 ↗ |
BOBINSKI CATHERINE A SVP, CHIEF ACCOUNTING OFFICER | Dec 15, 2025 | Tax Withhold | 2,088 | $11.44 | $23.9K | 37.1K | Form 4 ↗ |
BUSH SAMUEL D EVP, TREASURER & CFO | Dec 15, 2025 | Tax Withhold | 3,216 | $11.44 | $36.8K | 66.9K | Form 4 ↗ |
Leland Wayne CHIEF OPERATING OFFICER | Dec 15, 2025 | Tax Withhold | 1,912 | $11.44 | $21.9K | 30.0K | Form 4 ↗ |
FORGY CHRISTOPHER PRESIDENT & CEO | Dec 15, 2025 | Tax Withhold | 9,316 | $11.44 | $106.6K | 109.2K | Form 4 ↗ |
BOBINSKI CATHERINE A SVP, CHIEF ACCOUNTING OFFICER | Dec 10, 2025 | Award | 6,292 | — | — | 39.2K | Form 4 ↗ |
FORGY CHRISTOPHER PRESIDENT & CEO | Dec 10, 2025 | Award | 30,412 | — | — | 118.5K | Form 4 ↗ |
Leland Wayne CHIEF OPERATING OFFICER | Dec 10, 2025 | Award | 8,054 | — | — | 31.9K | Form 4 ↗ |
BUSH SAMUEL D EVP, TREASURER & CFO | Dec 10, 2025 | Award | 10,319 | — | — | 70.1K | Form 4 ↗ |
Schechter Michael W director | Dec 10, 2025 | Award | 4,446 | — | — | 10.4K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Saga Communications, Inc. (SGA) is primarily owned by institutional investors, who hold approximately 57.2% of total shares outstanding. Company insiders own approximately 29.41%, while retail and public investors account for the remaining 13.40%.
The largest institutional shareholder of Saga Communications, Inc. is TOWERVIEW LLC, holding approximately 1.16 million shares — equal to 18.96% of outstanding shares — as of March 31, 2025.
A total of 31 institutional investors currently hold SGA stock, with a combined institutional value of approximately $45,446,841 as of the most recent 13F filing period.
Frequently asked questions
SGA ownershipSaga Communications, Inc. (SGA) is primarily owned by institutional investors, who hold approximately 57.2% of shares. The largest shareholder is TOWERVIEW LLC with a 18.96% stake. Company insiders hold 29.41%. Data sourced from SEC Form 13F as of March 31, 2025.