Sinclair, Inc. Insider David Bochenek Buys 8,617 Shares
David Bochenek, SVP/Chief Accounting Officer, adds to his stake in Sinclair, Inc.
Key Points
- David Bochenek, SVP/Chief Accounting Officer, purchased 8,617 shares of Sinclair, Inc. (SBGI) on June 24, 2026.
- Sinclair, Inc. has a market cap of $995.9 million and a P/E ratio of 14.2 with a 52-week range between $11.89 and $17.88.
- Guggenheim maintains a 'buy' rating with a $19 target, while Wells Fargo holds a 'hold' with a $16 target.
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David Bochenek, the Senior Vice President and Chief Accounting Officer of Sinclair, Inc., recently bought 8,617 shares of the company. The transaction took place on June 24, 2026, and was not part of a pre-planned trading program.
Other Institutional Activity in Sinclair, Inc.
Institutional investors have been active in Sinclair, Inc. as well. GAMCO Investors, Inc. reduced its holdings by 206,167 shares, leaving it with about 3,987,344 shares valued at roughly $51.6 million. BlackRock, Inc. also trimmed its position by 35,994 shares, bringing its total to 2,908,032 shares worth approximately $37.6 million. Meanwhile, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions with 1,905,211 shares and 1,691,432 shares, respectively. Dimensional Fund Advisors LP increased its stake by 113,788 shares to a total of 1,622,794 shares, valued at about $21 million.
Sinclair, Inc. Stock Down 2.1%
Shares of NasdaqGS:SBGI traded near $13.80 on Saturday. Sinclair, Inc. has a market cap of approximately $995.9 million and a P/E ratio of 14.2. The stock's 52-week low is $11.89, and its high is $17.88. The 50-day moving average is $14.46, and the 200-day moving average is $14.58. Sinclair's beta is 1.039, indicating moderate volatility compared to the market.
$SBGI stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its most recent earnings report, Sinclair, Inc. posted revenues of $3.2 billion, reflecting a 4% growth. The company's earnings per share (EPS) stood at $0.97. Sinclair's net margin was 2%, with a return on equity (ROE) of 20%. The next earnings announcement is scheduled for August 5, 2026.
Dividend
Sinclair, Inc. offers an annual dividend rate of $1.00 per share, yielding 7.27%. The dividend payout ratio is approximately 103%, indicating that the company pays out more in dividends than it earns in net income.
Insider Buying and Selling at Sinclair, Inc.
On June 24, 2026, David Bochenek, SVP/Chief Accounting Officer, purchased 8,617 shares of Sinclair, Inc. Earlier in June, several insiders, including Benjamin Carson Sr., Daniel Keith, Robert Smith, Howard Friedman, and Benson Legg, each acquired 17,095 shares.
Analysts Set New Price Targets
On May 5, 2026, Guggenheim maintained its 'buy' rating on Sinclair, Inc. with a price target of $19. Wells Fargo, on May 1, 2026, maintained a 'hold' rating with a $16 target. JP Morgan, on April 1, 2026, kept a 'sell' rating with a $14 target. Overall, the consensus rating is mixed, with a mean target price of $17.71 based on seven analyst opinions.
About Sinclair, Inc.
Sinclair, Inc. is a media company headquartered in Hunt Valley, Maryland. It operates through two segments: Local Media and Tennis. The Local Media segment runs broadcast television stations and original networks, while the Tennis segment includes the Tennis Channel and related services. The company, led by CEO Christopher S. Ripley, employs approximately 7,100 people.
Bottom Line
David Bochenek's recent purchase of Sinclair, Inc. shares highlights ongoing insider confidence in the company. Sinclair's stock, with a moderate P/E ratio and a high dividend yield, remains a subject of interest for investors. Institutional activity and analyst ratings suggest mixed sentiment, reflecting diverse views on the company's future performance.
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