153,014 Shares in AMC Networks Inc. (NASDAQ:AMCX) Purchased by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC acquired a new position in AMC Networks Inc. (NASDAQ:AMCX - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 153,014 shares of the company's stock, valued at approximately $1,515,000. Susquehanna Fundamental Investments LLC owned approximately 0.35% of AMC Networks at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Fuller & Thaler Asset Management Inc. bought a new position in shares of AMC Networks in the fourth quarter worth approximately $574,000. Price T Rowe Associates Inc. MD boosted its holdings in AMC Networks by 3.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 49,897 shares of the company's stock worth $494,000 after buying an additional 1,589 shares during the period. Hsbc Holdings PLC purchased a new stake in AMC Networks in the 4th quarter worth $152,000. Gabelli Funds LLC raised its holdings in AMC Networks by 1.1% during the fourth quarter. Gabelli Funds LLC now owns 133,800 shares of the company's stock valued at $1,325,000 after acquiring an additional 1,500 shares during the period. Finally, Jump Financial LLC purchased a new position in shares of AMC Networks in the fourth quarter valued at about $691,000. 78.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AMCX has been the subject of several research analyst reports. UBS Group cut their target price on AMC Networks from $8.00 to $6.00 and set a "sell" rating for the company in a research report on Tuesday, April 15th. JPMorgan Chase & Co. reduced their price objective on shares of AMC Networks from $9.00 to $8.00 and set an "underweight" rating on the stock in a research report on Tuesday, February 18th. Morgan Stanley dropped their target price on shares of AMC Networks from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Thursday, February 20th. StockNews.com downgraded shares of AMC Networks from a "buy" rating to a "hold" rating in a report on Monday, February 17th. Finally, Wells Fargo & Company dropped their price objective on shares of AMC Networks from $8.00 to $4.00 and set an "underweight" rating for the company in a report on Thursday, April 17th. Four equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a strong buy rating to the company. According to MarketBeat.com, AMC Networks has a consensus rating of "Hold" and a consensus price target of $6.50.

Insider Activity

In related news, insider F. Dolan 2009 Revocabl Charles sold 154,345 shares of AMC Networks stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $6.95, for a total transaction of $1,072,697.75. Following the completion of the transaction, the insider now directly owns 20,833 shares of the company's stock, valued at approximately $144,789.35. The trade was a 88.11 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 25.87% of the company's stock.

AMC Networks Price Performance

AMC Networks stock traded down $0.05 during mid-day trading on Friday, reaching $6.25. 267,505 shares of the company's stock traded hands, compared to its average volume of 999,718. AMC Networks Inc. has a 12-month low of $5.41 and a 12-month high of $18.58. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 2.63. The stock has a 50 day moving average of $6.61 and a two-hundred day moving average of $8.24. The company has a market cap of $275.85 million, a price-to-earnings ratio of -1.19 and a beta of 1.28.

AMC Networks (NASDAQ:AMCX - Get Free Report) last announced its quarterly earnings results on Friday, February 14th. The company reported $0.64 EPS for the quarter, missing analysts' consensus estimates of $1.05 by ($0.41). AMC Networks had a negative net margin of 9.36% and a positive return on equity of 18.61%. The business had revenue of $599.30 million during the quarter, compared to the consensus estimate of $611.26 million. During the same period in the previous year, the business posted $0.72 EPS. The firm's revenue was down 11.7% on a year-over-year basis. Equities analysts forecast that AMC Networks Inc. will post 2.62 earnings per share for the current year.

About AMC Networks

AMC Networks Inc, an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences, a platform to distributors, and advertisers in the United States, Europe, and internationally. The company operates through Domestic Operations, and International and Other segments.