National CineMedia (NASDAQ:NCMI) EVP Maria Vg Woods Sells 12,066 Shares of Stock

National CineMedia, Inc. (NASDAQ:NCMI) EVP Maria Vg Woods sold 12,066 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $3.04, for a total value of $36,680.64. Following the sale, the executive vice president owned 143,097 shares in the company, valued at approximately $435,014.88. The trade was a 7.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

National CineMedia Stock Down 0.7%

NCMI stock opened at $3.00 on Friday. The company has a market capitalization of $279.84 million, a P/E ratio of -30.00 and a beta of 1.40. National CineMedia, Inc. has a 12 month low of $2.92 and a 12 month high of $6.18. The firm’s fifty day simple moving average is $3.39 and its 200-day simple moving average is $3.90. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.22 and a quick ratio of 2.22.

National CineMedia (NASDAQ:NCMI) last posted its earnings results on Thursday, February 26th. The business services provider reported $0.28 EPS for the quarter, topping the consensus estimate of $0.25 by $0.03. National CineMedia had a negative return on equity of 2.29% and a negative net margin of 4.32%. As a group, equities research analysts forecast that National CineMedia, Inc. will post -0.12 earnings per share for the current year.

National CineMedia Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Investors of record on Monday, March 9th were paid a $0.03 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.12 dividend on an annualized basis and a yield of 4.0%. National CineMedia’s dividend payout ratio (DPR) is currently -120.00%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in shares of National CineMedia in the third quarter valued at approximately $34,000. Graham Capital Management L.P. purchased a new stake in National CineMedia during the 4th quarter worth approximately $40,000. Strs Ohio acquired a new stake in National CineMedia during the 1st quarter worth approximately $43,000. Jump Financial LLC acquired a new stake in National CineMedia during the 4th quarter worth approximately $53,000. Finally, Inscription Capital LLC purchased a new position in National CineMedia in the 3rd quarter valued at approximately $58,000. 69.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on NCMI. Weiss Ratings raised shares of National CineMedia from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Friday, February 27th. Barrington Research dropped their price objective on shares of National CineMedia from $6.50 to $5.50 and set an “outperform” rating for the company in a research note on Monday, January 26th. Zacks Research upgraded shares of National CineMedia from a “strong sell” rating to a “hold” rating in a report on Thursday, December 18th. Benchmark decreased their target price on shares of National CineMedia from $7.00 to $6.00 and set a “buy” rating on the stock in a research note on Wednesday, January 7th. Finally, B. Riley Financial cut their price target on National CineMedia from $5.00 to $4.00 and set a “neutral” rating for the company in a report on Thursday, January 22nd. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $5.38.

About National CineMedia

National CineMedia, Inc is a leading U.S. out-of-home media company specializing in cinema advertising. The firm operates a proprietary network that delivers high-impact advertising content to moviegoers across a broad footprint of theaters, offering brands a targeted and immersive way to engage audiences in a captive, distraction-free environment.

Founded in 2003 and headquartered in Centennial, Colorado, National CineMedia began as a joint venture among several major exhibition chains.