iHeartMedia’s CEO Makes Bold Stock Purchase!

New insider activity at iHeartMedia ( (IHRT) ) has taken place on May 20, 2025.

Chairman and CEO Robert Pittman has made a significant investment in iHeartMedia by purchasing 200,000 shares of the company’s stock, amounting to a total value of $242,000.

Recent Updates on IHRT stock

In the last 24 hours, iHeartMedia has been in the spotlight due to several developments. The company held its 2025 Annual Meeting of Stockholders, where key decisions were made, including the election of directors and the ratification of Ernst & Young LLP as the independent accounting firm. Analysts have shown mixed sentiments towards iHeartMedia’s stock, with some optimism stemming from digital growth and strategic leadership changes, while concerns persist due to high leverage and ongoing net losses. The company’s recent earnings call highlighted strong performances in digital audio and podcasting, with significant revenue growth in these segments, although challenges remain in traditional media sectors. The renewal of a podcast deal with Bloomberg Media also underscores iHeartMedia’s focus on expanding its digital content offerings. Despite these positive strides, financial instability and bearish technical indicators continue to pose risks, influencing analysts’ cautious outlooks.

Spark’s Take on IHRT Stock

According to Spark, TipRanks’ AI Analyst, IHRT is a Underperform.

iHeartMedia’s stock score reflects substantial financial challenges, including high leverage and ongoing net losses, which weigh heavily on its overall assessment. While there is some optimism from digital growth and strategic changes in corporate leadership, the financial instability and bearish technical indicators present significant risks.

To see Spark’s full report on IHRT stock, click here.

More about iHeartMedia

YTD Price Performance: -38.61%

Average Trading Volume: 903,584

Technical Sentiment Signal: Sell

Current Market Cap: $171.8M