SALEM MEDIA GROUP INC

Ticker: SALM CUSIP: 794093104 Class: COM

PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.'s Holding History (CIK: 0001238990)

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

Q3 2016
Shares 205,000 Value ($000) $1,205 Avg Close $6.76 Range $5.68 - $8.10
Q2 2016
Shares 205,000 Value ($000) $1,480 Avg Close $6.75 Range $5.84 - $8.17
Q1 2016
Shares 364,425 Value ($000) $2,099 Avg Close $4.56 Range $3.60 - $6.06
Q4 2015
Shares 364,425 Value ($000) $1,814,836 Avg Close $5.78 Range $4.53 - $6.50
Q3 2015
Shares 378,226 Value ($000) $2,315 Avg Close $6.10 Range $5.26 - $6.85
Q2 2015
Shares 385,747 Value ($000) $2,442 Avg Close $5.42 Range $4.38 - $6.75
Q1 2015
Shares 443,496 Value ($000) $2,732 Avg Close $7.01 Range $5.50 - $7.97
Q4 2014
Shares 460,270 Value ($000) $3,599 Avg Close $7.67 Range $6.72 - $11.00
Q3 2014
Shares 441,474 Value ($000) $3,360 Avg Close $8.50 Range $5.04 - $9.83
Q2 2014
Shares 445,000 Value ($000) $4,210 Avg Close $8.91 Range $7.89 - $10.15
Q1 2014
Shares 445,000 Value ($000) $4,446 Avg Close $9.07 Range $8.15 - $10.34
Q4 2013
Shares 445,000 Value ($000) $3,872 Avg Close $8.68 Range $7.53 - $9.50
Q3 2013
Shares 445,000 Value ($000) $3,685 Avg Close $7.97 Range $7.20 - $8.50
Q2 2013
Shares 407,300 Value ($000) $3,051 Avg Close $8.12 Range $7.00 - $10.14