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Which institution holds the most shares in AMC Networks Inc (AMCX)

AMC Networks Inc (NASDAQ: AMCX) is -26.93% lower on its value in year-to-date trading and has touched a low of $9.87 and a high of $20.97 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMCX stock was last observed hovering at around $13.28 in the last trading session, with the day’s gains setting it 0.45%.

Currently trading at $13.73, the stock is 22.42% and 16.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.96 million and changing 3.39% at the moment leaves the stock 0.04% off its SMA200. AMCX registered -14.77% loss for a year compared to 6-month loss of -2.42%.

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The stock witnessed a 26.54% gain in the last 1 month and extending the period to 3 months gives it a -19.42%, and is 18.98% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.13% over the week and 4.76% over the month.

AMC Networks Inc (AMCX) has around 1900 employees, a market worth around $604.67M and $2.71B in sales. Current P/E ratio is 2.80 and Fwd P/E is 2.65. Profit margin for the company is 7.95%. Distance from 52-week low is 39.11% and -34.53% from its 52-week high. The company has generated returns on investments over the last 12 months (6.28%).

The EPS is expected to shrink by -13.86% this year

The shares outstanding are 32.08M, and float is at 30.84M with Short Float at 12.73%.

AMC Networks Inc (AMCX) Insider Activity

The most recent transaction is an insider sale by Blank Matthew, the company’s Director. SEC filings show that Blank Matthew sold 50,000 shares of the company’s common stock on Dec 22 ’23 at a price of $19.09 per share for a total of $0.95 million. Following the sale, the insider now owns 0.0 shares.

AMC Networks Inc disclosed in a document filed with the SEC on Dec 19 ’23 that Gallagher James (EVP and General Counsel) sold a total of 22,000 shares of the company’s common stock. The trade occurred on Dec 19 ’23 and was made at $20.40 per share for $0.45 million. Following the transaction, the insider now directly holds 6867.0 shares of the AMCX stock.

Still, SEC filings show that on Nov 22 ’23, Kelleher Kimberly (Chief Commercial Officer) disposed off 13,192 shares at an average price of $15.28 for $0.2 million. The insider now directly holds 0 shares of AMC Networks Inc (AMCX).

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