Maria Vg Woods Sells 9,038 Shares of National CineMedia, Inc. (NASDAQ:NCMI) Stock

National CineMedia, Inc. (NASDAQ:NCMI - Get Free Report) EVP Maria Vg Woods sold 9,038 shares of the business's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $4.82, for a total value of $43,563.16. Following the transaction, the executive vice president owned 111,246 shares in the company, valued at $536,205.72. The trade was a 7.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

National CineMedia Trading Up 2.5%

NCMI stock traded up $0.12 during trading on Friday, hitting $4.79. 399,715 shares of the stock traded hands, compared to its average volume of 610,306. The stock has a market cap of $451.23 million, a price-to-earnings ratio of -25.18 and a beta of 2.06. The company has a 50 day simple moving average of $5.21 and a 200 day simple moving average of $5.93. National CineMedia, Inc. has a one year low of $4.12 and a one year high of $7.60.

National CineMedia (NASDAQ:NCMI - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The business services provider reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.04). National CineMedia had a negative net margin of 7.68% and a negative return on equity of 2.83%. The company had revenue of $34.90 million for the quarter, compared to the consensus estimate of $35.13 million. As a group, analysts predict that National CineMedia, Inc. will post -0.12 earnings per share for the current fiscal year.

National CineMedia Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were given a $0.03 dividend. The ex-dividend date was Friday, May 16th. This represents a $0.12 annualized dividend and a yield of 2.51%. National CineMedia's dividend payout ratio is currently -63.16%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on NCMI shares. William Blair reaffirmed a "neutral" rating and issued a $7.50 target price on shares of National CineMedia in a research report on Friday, March 7th. B. Riley lowered shares of National CineMedia from a "buy" rating to a "neutral" rating and set a $6.00 price target for the company. in a research note on Friday, May 16th. Wall Street Zen lowered shares of National CineMedia from a "hold" rating to a "sell" rating in a report on Thursday, May 8th. Wedbush restated an "outperform" rating and set a $7.50 price target on shares of National CineMedia in a report on Thursday, May 1st. Finally, Benchmark lowered their price objective on National CineMedia from $8.00 to $7.00 and set a "buy" rating on the stock in a report on Wednesday, June 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, National CineMedia presently has a consensus rating of "Hold" and an average price target of $7.00.

Institutional Investors Weigh In On National CineMedia

Institutional investors have recently bought and sold shares of the company. Rhumbline Advisers increased its holdings in shares of National CineMedia by 3.1% during the 4th quarter. Rhumbline Advisers now owns 107,069 shares of the business services provider's stock worth $711,000 after acquiring an additional 3,219 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in National CineMedia by 16.3% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 65,424 shares of the business services provider's stock worth $434,000 after acquiring an additional 9,147 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of National CineMedia by 1.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 728,915 shares of the business services provider's stock valued at $4,840,000 after buying an additional 7,218 shares in the last quarter. Victory Capital Management Inc. purchased a new position in National CineMedia during the 4th quarter worth $669,000. Finally, Catalyst Funds Management Pty Ltd boosted its stake in shares of National CineMedia by 510.0% in the 4th quarter. Catalyst Funds Management Pty Ltd now owns 18,300 shares of the business services provider's stock worth $122,000 after buying an additional 15,300 shares during the last quarter. Institutional investors own 69.49% of the company's stock.

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.