Trexquant Investment LP Purchases 232,550 Shares of National CineMedia, Inc. $NCMI

Key Points

• Trexquant Investment LP increased its stake in National CineMedia, Inc. by 156.3%, acquiring 232,550 shares, bringing its total ownership to 381,362 shares valued at $2.2 million.
• Several institutional investors, including Wellington Management Group and Vanguard Group, have also made significant investments, resulting in institutional ownership of 69.49% of the company's stock.
• Analysts have revised their ratings and price targets for National CineMedia, with a consensus rating of "Moderate Buy" and an average target price of $6.90.

Trexquant Investment LP raised its position in National CineMedia, Inc. (NASDAQ:NCMI - Free Report) by 156.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 381,362 shares of the business services provider's stock after buying an additional 232,550 shares during the period. Trexquant Investment LP owned 0.40% of National CineMedia worth $2,227,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in National CineMedia by 502.0% in the first quarter. GAMMA Investing LLC now owns 5,081 shares of the business services provider's stock valued at $30,000 after buying an additional 4,237 shares in the last quarter. Nuveen LLC acquired a new position in National CineMedia in the first quarter valued at about $797,000. Deutsche Bank AG boosted its position in National CineMedia by 122.4% in the fourth quarter. Deutsche Bank AG now owns 83,863 shares of the business services provider's stock valued at $557,000 after buying an additional 46,163 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in National CineMedia by 18.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 26,749 shares of the business services provider's stock valued at $178,000 after buying an additional 4,084 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in National CineMedia by 64.1% in the first quarter. Victory Capital Management Inc. now owns 165,237 shares of the business services provider's stock valued at $965,000 after buying an additional 64,538 shares in the last quarter. 69.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other National CineMedia news, EVP Maria Vg Woods sold 9,038 shares of the company's stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $4.82, for a total value of $43,563.16. Following the completion of the sale, the executive vice president owned 111,246 shares of the company's stock, valued at approximately $536,205.72. This represents a 7.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.25% of the company's stock.

National CineMedia Trading Down 3.0%

Shares of NCMI traded down $0.14 on Wednesday, reaching $4.51. 399,715 shares of the company's stock were exchanged, compared to its average volume of 425,991. The stock has a market capitalization of $422.63 million, a P/E ratio of -21.48 and a beta of 1.97. The business has a 50 day moving average price of $4.64 and a two-hundred day moving average price of $5.25. National CineMedia, Inc. has a 12 month low of $4.12 and a 12 month high of $7.60.

National CineMedia (NASDAQ:NCMI - Get Free Report) last issued its earnings results on Tuesday, August 5th. The business services provider reported ($0.11) EPS for the quarter, meeting the consensus estimate of ($0.11). National CineMedia had a negative net margin of 8.62% and a negative return on equity of 3.51%. The firm had revenue of $51.80 million during the quarter, compared to the consensus estimate of $59.45 million. National CineMedia has set its Q3 2025 guidance at EPS. Equities research analysts predict that National CineMedia, Inc. will post -0.12 EPS for the current year.

National CineMedia Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Friday, August 15th. National CineMedia's dividend payout ratio is presently -57.14%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on NCMI. B. Riley lowered shares of National CineMedia from a "buy" rating to a "neutral" rating and set a $6.00 price target on the stock. in a research report on Friday, May 16th. Benchmark reduced their price target on shares of National CineMedia from $8.00 to $7.00 and set a "buy" rating on the stock in a research report on Wednesday, June 25th. Zacks Research raised shares of National CineMedia from a "strong sell" rating to a "hold" rating in a research note on Wednesday, September 3rd. Finally, Wedbush set a $7.00 target price on shares of National CineMedia and gave the stock an "outperform" rating in a research note on Monday, August 4th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, National CineMedia currently has a consensus rating of "Moderate Buy" and a consensus target price of $6.90.

National CineMedia Company Profile

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.