AMC Networks Inc (NASDAQ: AMCX) is -36.06% lower on its value in year-to-date trading and has touched a low of $5.41 and a high of $18.58 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 $6.19 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $6.33, the stock is 0.83% and -4.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing 2.26% at the moment leaves the stock -25.51% off its SMA200. AMCX registered -50.39% loss for a year compared to 6-month loss of -25.70%.
The stock witnessed a 3.09% gain in the last 1 month and extending the period to 3 months gives it a -35.34%, and is 1.28% 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 7.35% over the week and 5.00% over the month.
AMC Networks Inc (AMCX) has around 1800 employees, a market worth around $284.34M and $2.38B in sales. Fwd P/E is 2.89. Profit margin for the company is -10.68%. Distance from 52-week low is 17.01% and -65.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.00%).
The EPS is expected to shrink by -40.79% this year.
AMC Networks Inc (AMCX) Top Institutional Holders
The shares outstanding are 33.43M, and float is at 32.68M with Short Float at 16.46%.
The top institutional shareholder in the company is PACER ADVISORS, INC. with over 10.2 million shares valued at $98.54 million. The investor’s holdings represent 22.9397% of the AMCX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.36 million shares valued at $51.82 million to account for 12.0645 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.62 million shares representing 8.1364% and valued at over $34.95 million, while DIMENSIONAL FUND ADVISORS LP holds 3.6559 of the shares totaling 1.63 million with a market value of $15.7 million.
AMC Networks Inc (AMCX) Insider Activity
The most recent transaction is an insider sale by Charles F. Dolan 2009 Revocabl, the company’s Member of 13(d) Group. SEC filings show that Charles F. Dolan 2009 Revocabl sold 154,345 shares of the company’s common stock on Mar 10 ’25 at a price of $6.95 per share for a total of $1.07 million. Following the sale, the insider now owns 20833.0 shares.
AMC Networks Inc disclosed in a document filed with the SEC on Mar 11 ’25 that Charles F. Dolan 2009 Revocabl (Member of 13(d) Group) sold a total of 20,833 shares of the company’s common stock. The trade occurred on Mar 11 ’25 and was made at $6.89 per share for $0.14 million. Following the transaction, the insider now directly holds 0.0 shares of the AMCX stock.
Still, SEC filings show that on Mar 10 ’25, The Charles F. Dolan 2009 Revo (Other) Proposed Sale 175,178 shares at an average price of $6.93 for $1.21 million. The insider now directly holds shares of AMC Networks Inc (AMCX).
