Wedbush Reaffirms "Buy" Rating for AMC Entertainment Holdings, Inc. (AMC)

AMC Entertainment Holdings (AMC) Touches $14.80 Low on Aug, 10; Lion Biotechnologies (LBIO) Has 1.42 Sentiment

What Does Insider Trading Tell Us About AMC Entertainment Holdings (AMC)?

AMC Entertainment Holdings (NYSE:AMC) last released its earnings results on Friday, August 4th. The Company operates through theatrical exhibition operations segment. It owned or interests in theatres and screens. Topeka Capital Markets maintained AMC Entertainment Holdings Inc (NYSE:AMC) rating on Friday, October 2.

Here are a few other firms who have also updated their positions.

Wedbush reaffirmed their buy rating on shares of AMC Entertainment Holdings, Inc.

On August 3 the stock rating was downgraded to "Hold" from "Buy" in an announcement from Benchmark. Barclays PLC boosted their price target on AMC Entertainment Holdings from $30.00 to $36.00 and gave the company an "overweight" rating in a research note on Monday, April 17th. The firm now has a $22.75 target price on the stock, down from their previous target price of $36.00. Three research analysts have rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the company's stock. On July 18 Credit Suisse kept the stock rating at "Underperform" but lowered the price expectation from $34.00 to $17.00. (NYSE:AMC) in a research report sent to investors on Tuesday morning. The insider, GAO JACK QUNYAO, now holds 3,500 shares of AMC. Tricadia Cap Ltd Liability Corp reported 1.57% in AMC Entertainment Holdings Inc (NYSE:AMC). The firm has a 50 day moving average of $20.21 and a 200-day moving average of $26.86.

The company now has a P/E ratio of 17.69 and market capitalization is 2.03B. After $0.58 actual earnings per share reported by Kroger Co for the previous quarter, Wall Street now forecasts -29.31% negative EPS growth. (NYSE:AMC) will report sales of $1.28 billion for the current quarter, Zacks reports. Moreover, Federated Pa has 0.01% invested in AMC Entertainment Holdings Inc (NYSE:AMC). They expect $0.41 earnings per share, down 12.77% or $0.06 from last year's $0.47 per share. AMC Entertainment Holdings has a 1 year low of $14.20 has a 1 year high of $35.65.

Shares of AMC Entertainment Holdings (NYSE AMC) opened at 14.05 on Tuesday. "(AMC) Cut to Sell at Zacks Investment Research" was originally published by Community Financial News and is owned by of Community Financial News. If you are reading this report on another website, it was copied illegally and reposted in violation of USA & global trademark & copyright laws.

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The disclosure for this sale can be found here. 9,455 shares were sold by Leibman Maya, worth $442,399 on Wednesday, March 1. Following the sale, the executive vice president now owns 312,368 shares of the company's stock, valued at $15,727,728.80.

AMC Entertainment Holdings announced that its Board of Directors has authorized a stock buyback plan on Thursday, August 3rd that permits the company to repurchase $100.00 million in outstanding shares.

The most recent open market insider trade was Buy of 3,500 shares on a day where the closing price was 19.97. Ontario - Canada-based 1832 Asset Mgmt Lp has invested 0.16% in AMC Entertainment Holdings Inc (NYSE:AMC). Investors of record on Monday, September 11th will be paid a $0.20 dividend. The ex-dividend date is Thursday the 1st of June 2017. This dividend amount will represent a yeild of $4.95. AMC Entertainment Holdings's dividend payout ratio (DPR) is presently -125.00%. Adam M. Aron, CEO AND PRESIDENT bought $247,200 worth of shares at an average price of $24.72 on Friday the 2nd. The shares were acquired at an average price of $24.72 per share, for a total transaction of $247,200.00. The CEO AND PRESIDENT now owns $2,235,331 of the stock according to the SEC filing. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

In other AMC Entertainment Holdings news, SVP Kevin M. Connor bought 4,000 shares of AMC Entertainment Holdings stock in a transaction dated Thursday, June 8th. The shares were purchased at an average price of $23.52 per share, with a total value of $94,080.00. Following the purchase, the senior vice president now owns 40,705 shares of the company's stock, valued at approximately $957,381.60. The disclosure for this bought can be found here.

Several other brokerages have also recently issued reports on AMC. Finally, Russell Investments Group Ltd. acquired a new position in AMC Entertainment Holdings during the fourth quarter valued at approximately $275,000. Vanguard Group Inc. now owns 4,840,316 shares of the company's stock valued at $152,228,000 after buying an additional 1,811,552 shares during the last quarter. Morgan Stanley reported 0% in AMC Entertainment Holdings Inc (NYSE:AMC). Executives own 0.80% of the firms stock. Loop Capital reissued a buy rating and issued a $39.00 price objective on shares of AMC Entertainment Holdings in a research report on Monday, July 10th. Elk Creek Partners, LLC now owns 489,642 shares valued at $11,139,000. Elk Creek Partners, LLC reduced its holdings by shedding 11,765 shares a decrease of 2.3% from 03/31/2017 to 06/30/2017. BNP Paribas Arbitrage SA boosted its position in shares of AMC Entertainment Holdings by 574.5% in the second quarter. Parametric Portfolio Associates LLC controls 249,976 shares with a value of $5,687,000. Institutional investors and hedge funds own 42.02% of the company's stock.

Ratings analysis reveals 65% of AMC Entertainment's analysts are positive. AMC Entertainment Holdings Inc (NYSE:AMC) has declined 9.74% since August 10, 2016 and is downtrending. (OpCo) and its subsidiaries, is involved in the theatrical exhibition business.

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