Maria Vg Woods Sells 23,742 Shares of National CineMedia, Inc. (NASDAQ:NCMI) Stock

National CineMedia, Inc. (NASDAQ:NCMI - Get Free Report) EVP Maria Vg Woods sold 23,742 shares of National CineMedia stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $6.51, for a total value of $154,560.42. Following the sale, the executive vice president now directly owns 66,987 shares in the company, valued at approximately $436,085.37. The trade was a 26.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

National CineMedia Stock Down 2.1 %

Shares of NASDAQ NCMI traded down $0.14 during trading on Monday, reaching $6.47. The company had a trading volume of 830,384 shares, compared to its average volume of 609,475. The business's 50-day moving average is $6.93 and its 200 day moving average is $6.31. The company has a quick ratio of 2.46, a current ratio of 2.46 and a debt-to-equity ratio of 0.03. The stock has a market cap of $614.10 million, a PE ratio of -25.88 and a beta of 2.07. National CineMedia, Inc. has a 12-month low of $3.65 and a 12-month high of $7.60.

National CineMedia (NASDAQ:NCMI - Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The business services provider reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.01). The firm had revenue of $62.40 million for the quarter, compared to the consensus estimate of $58.20 million. National CineMedia had a negative net margin of 9.49% and a negative return on equity of 2.61%. During the same quarter in the prior year, the business posted $0.33 earnings per share. As a group, equities analysts forecast that National CineMedia, Inc. will post -0.14 earnings per share for the current fiscal year.

Hedge Funds Weigh In On National CineMedia

A number of hedge funds have recently added to or reduced their stakes in the company. Intech Investment Management LLC bought a new stake in shares of National CineMedia in the 3rd quarter worth $97,000. The Manufacturers Life Insurance Company bought a new stake in National CineMedia in the 2nd quarter worth about $124,000. SG Americas Securities LLC raised its position in National CineMedia by 141.2% in the 3rd quarter. SG Americas Securities LLC now owns 30,929 shares of the business services provider's stock worth $218,000 after buying an additional 18,108 shares during the last quarter. Centiva Capital LP bought a new position in National CineMedia during the 3rd quarter valued at about $219,000. Finally, Hill Investment Group Partners LLC boosted its holdings in shares of National CineMedia by 100.9% during the 2nd quarter. Hill Investment Group Partners LLC now owns 34,392 shares of the business services provider's stock valued at $151,000 after acquiring an additional 17,276 shares during the last quarter. 69.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on NCMI shares. Benchmark restated a "buy" rating and issued a $8.00 target price on shares of National CineMedia in a research note on Monday, September 23rd. StockNews.com raised National CineMedia from a "sell" rating to a "hold" rating in a research report on Friday, December 6th. Barrington Research upped their target price on shares of National CineMedia from $7.50 to $8.25 and gave the stock an "outperform" rating in a research report on Wednesday, November 6th. Finally, Wedbush reissued a "neutral" rating and set a $7.50 price target (up from $6.00) on shares of National CineMedia in a research report on Monday, November 4th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $8.06.

National CineMedia Company Profile

National CineMedia, Inc, through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. It engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theatre lobbies.