5 Best Quality Penny Stocks to Buy

2. Entravision Communications Corporation (NYSE:EVC)

Number of Hedge Fund Holders: 16

California-based media company Entravision Communications Corp (NYSE:EVC) owns several TV and radio stations. Entravision Communications Corp (NYSE:EVC) primarily targets Spanish-speaking community. Entravision Communications Corp (NYSE:EVC) in June appointed Michael Christenson as CEO.

As of the end of the first quarter of 2023 16 hedge funds in Insider Monkey’s database of 943 hedge funds held stakes in Entravision Communications Corp (NYSE:EVC). The most notable hedge fund stakeholder of Entravision Communications Corp (NYSE:EVC) was Chuck Royce’s Royce & Associates which owns a $14 million stake in the company.