Gray Media (GTN) Rose 37% in Q1

From Yahoo Finance: 2025-04-23 08:20:00

Miller Value Partners released its Q1 2025 investor letter, noting market volatility due to global tariffs. The Deep Value Select strategy had a -12.8% drawdown in Q1 compared to market indexes. Gray Television, Inc. (NYSE: GTN) was highlighted, with shares down 30.49% in one month. The company’s stock closed at $3.26 on April 22.

In the investor letter, Miller Value discussed Gray Media, Inc. (NYSE: GTN), noting a positive contribution of +37% in Q1. The company generated strong free cash flow, paid down debt, and has potential for future growth. While not a top pick among hedge funds, Gray Television’s revenue increased 21% in Q4 2024.

Gray Media, Inc. (NYSE: GTN) is not among the 30 most popular stocks among hedge funds. Hedge fund portfolios held the company in Q4 2024, with revenue increasing 21% year-over-year. The potential for AI stocks to deliver higher returns in a shorter timeframe is noted, with an emphasis on investing in AI stocks like NVIDIA.

For more insights on Gray Media, Inc. (NYSE: GTN) and other hedge fund investor letters from Q1 2025, visit Insider Monkey’s page. The article does not recommend specific actions or investments.



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