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

National CineMedia, Inc. (NASDAQ:NCMI) EVP Maria Vg Woods sold 23,742 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The stock was 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 of the company’s stock, valued at $436,085.37. The trade was a 26.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

National CineMedia Price Performance

NASDAQ:NCMI opened at $6.64 on Wednesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.46 and a quick ratio of 2.46. National CineMedia, Inc. has a one year low of $3.65 and a one year high of $7.60. The company has a fifty day moving average price of $6.92 and a 200 day moving average price of $6.32. The stock has a market cap of $630.24 million, a P/E ratio of -26.56 and a beta of 2.07.

National CineMedia (NASDAQ:NCMI) last announced its quarterly earnings data on Tuesday, November 5th. The business services provider reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). National CineMedia had a negative net margin of 9.49% and a negative return on equity of 2.61%. The company had revenue of $62.40 million for the quarter, compared to analyst estimates of $58.20 million. During the same period in the prior year, the company posted $0.33 EPS. Analysts anticipate that National CineMedia, Inc. will post -0.14 earnings per share for the current year.

Institutional Trading of National CineMedia

A number of hedge funds have recently modified their holdings of the company. Intech Investment Management LLC acquired a new position in shares of National CineMedia in the third quarter valued at $97,000. The Manufacturers Life Insurance Company acquired a new position in shares of National CineMedia in the 2nd quarter valued at $124,000. Hill Investment Group Partners LLC lifted 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 worth $151,000 after acquiring an additional 17,276 shares during the period. Squarepoint Ops LLC boosted its position in shares of National CineMedia by 7.9% during the 2nd quarter. Squarepoint Ops LLC now owns 42,835 shares of the business services provider’s stock valued at $188,000 after acquiring an additional 3,132 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. increased its stake in National CineMedia by 102.6% in the second quarter. Oppenheimer Asset Management Inc. now owns 48,418 shares of the business services provider’s stock valued at $213,000 after acquiring an additional 24,521 shares during the period. Institutional investors own 69.49% of the company’s stock.

Wall Street Analyst Weigh In

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

About National CineMedia

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.