AMC Leisure Holdings, Inc. (NYSE:AMC) EVP John D. Mcdonald bought 50,000 shares of the corporate’s inventory in a transaction that occurred on Thursday, April twenty second. The shares have been bought at a median worth of $9.92, for a complete worth of $496,000.00. Following the completion of the transaction, the manager vice chairman now instantly owns 131,239 shares of the corporate’s inventory, valued at $1,301,890.88. The sale was disclosed in a submitting with the Securities & Change Fee, which could be accessed by means of this hyperlink.
Shares of AMC Leisure inventory traded up $1.34 on Monday, hitting $11.50. 77,264,563 shares of the corporate’s inventory traded palms, in comparison with its common quantity of 147,962,422. The inventory has a market cap of $5.18 billion, a P/E ratio of -0.32 and a beta of two.48. The agency’s 50-day shifting common is $10.33 and its 200 day shifting common is $5.77. AMC Leisure Holdings, Inc. has a 52-week low of $1.91 and a 52-week excessive of $20.36.
AMC Leisure (NYSE:AMC) final introduced its quarterly earnings knowledge on Tuesday, March ninth. The corporate reported ($3.15) earnings per share for the quarter, lacking the Thomson Reuters’ consensus estimate of ($2.80) by ($0.35). The corporate had income of $162.50 million through the quarter, in comparison with analysts’ expectations of $141.31 million. Throughout the identical interval within the prior yr, the corporate posted $0.35 earnings per share. The agency’s income was down 88.8% in comparison with the identical quarter final yr. As a gaggle, equities analysis analysts predict that AMC Leisure Holdings, Inc. will submit -16.59 earnings per share for the present fiscal yr.
A number of analysts lately commented on AMC shares. B. Riley upgraded shares of AMC Leisure from a “impartial” ranking to a “purchase” ranking and raised their worth goal for the corporate from $7.00 to $13.00 in a analysis word on Monday, April fifth. Zacks Funding Analysis minimize AMC Leisure from a “purchase” ranking to a “maintain” ranking in a report on Tuesday, March thirtieth. MKM Companions minimize shares of AMC Leisure from a “impartial” ranking to a “promote” ranking and set a $1.00 goal worth on the inventory. in a analysis report on Monday, February 1st. Loop Capital reaffirmed a “promote” ranking and set a $1.00 worth goal on shares of AMC Leisure in a analysis word on Wednesday, April seventh. Lastly, Wedbush elevated their goal worth on AMC Leisure from $2.50 to $5.00 and gave the inventory a “impartial” ranking in a analysis report on Tuesday, March ninth. 5 funding analysts have rated the inventory with a promote ranking, 5 have given a maintain ranking and one has given a purchase ranking to the corporate. AMC Leisure presently has a consensus ranking of “Maintain” and a median goal worth of $5.00.
Quite a few hedge funds have lately made modifications to their positions within the enterprise. Morgan Stanley elevated its holdings in shares of AMC Leisure by 124.6% through the third quarter. Morgan Stanley now owns 437,249 shares of the corporate’s inventory valued at $2,058,000 after buying a further 242,612 shares through the interval. Squarepoint Ops LLC boosted its holdings in shares of AMC Leisure by 106.7% within the third quarter. Squarepoint Ops LLC now owns 27,077 shares of the corporate’s inventory valued at $128,000 after buying a further 13,977 shares within the final quarter. Cubist Systematic Methods LLC elevated its stake in shares of AMC Leisure by 216.8% through the third quarter. Cubist Systematic Methods LLC now owns 9,418 shares of the corporate’s inventory valued at $44,000 after buying a further 6,445 shares through the interval. Iron Monetary LLC acquired a brand new stake in AMC Leisure within the fourth quarter value roughly $87,000. Lastly, Procyon Non-public Wealth Companions LLC purchased a brand new place in AMC Leisure through the 4th quarter valued at $89,000. Institutional traders personal 16.61% of the corporate’s inventory.
AMC Leisure Firm Profile
AMC Leisure Holdings, Inc, by means of its subsidiaries, concerned within the theatrical exhibition enterprise. The corporate owns, operates, or has pursuits in theatres. As of March 12, 2021, it operated roughly 1000 theatres and 10,700 screens in the USA and internationally. The corporate was based in 1920 and is headquartered in Leawood, Kansas.
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