SALEM MEDIA GROUP INC

Ticker: SALM CUSIP: 794093104 Class: COM

FIRST WILSHIRE SECURITIES MANAGEMENT INC's Holding History (CIK: 0000732847)

Note: Option positions (PUT/CALL) are excluded.

Q2 2019

Shares 244,163 Value ($000) $593 Avg Close $2.21 Range $1.85 - $2.67

Q1 2019

Shares 359,929 Value ($000) $920 Avg Close $2.73 Range $2.08 - $3.26

Q4 2018

Shares 367,189 Value ($000) $767 Avg Close $2.90 Range $2.03 - $3.64

Q3 2018

Shares 420,309 Value ($000) $1,429 Avg Close $4.35 Range $3.35 - $6.25

Q2 2018

Shares 415,739 Value ($000) $2,141 Avg Close $3.81 Range $3.10 - $5.80

Q1 2018

Shares 402,185 Value ($000) $1,448 Avg Close $4.29 Range $3.55 - $4.80

Q4 2017

Shares 183,320 Value ($000) $825 Avg Close $5.36 Range $3.90 - $6.75

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2019	244,163	$593	$2.21	$1.85 - $2.67
Q1 2019	359,929	$920	$2.73	$2.08 - $3.26
Q4 2018	367,189	$767	$2.90	$2.03 - $3.64
Q3 2018	420,309	$1,429	$4.35	$3.35 - $6.25
Q2 2018	415,739	$2,141	$3.81	$3.10 - $5.80
Q1 2018	402,185	$1,448	$4.29	$3.55 - $4.80
Q4 2017	183,320	$825	$5.36	$3.90 - $6.75