Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Cinemark Holdings Inc shares valued at $184,248 were sold by Thomas Melissa on Feb 28 ’25. At $25.59 per share, Thomas Melissa sold 7,200 shares. The insider’s holdings dropped to 218,168 shares worth approximately $5.21 million following the completion of this transaction.
Also, Thomas Melissa purchased 7,200 shares, netting a total of over 184,299 in proceeds.
Before that, Gierhart Wanda Marie had sold 9,119 shares from its account. In a trade valued at $246,213, the Chief Marketing & Content Ofc traded Cinemark Holdings Inc shares for $27.00 each. Upon closing the transaction, the insider’s holdings decreased to 9,119 shares, worth approximately $3.52 million.
As published in a research note from Wedbush on November 01, 2024, Cinemark Holdings Inc [CNK] has been rated down from an Outperform to a Neutral and the price target has been revised to $32. Analysts at Barrington Research upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in late October. As of August 28, 2024, Barrington Research has decreased its “an Outperform” rating to a “Mkt perform” for CNK. Earlier on August 27, 2024, B. Riley Securities downgraded its rating. Their new recommendation was “a Neutral” for CNK stock which previously was a “a Buy”.
Analyzing CNK Stock Performance
During the last five days, there has been a surge of approximately 0.51%. Over the course of the year, Cinemark Holdings Inc shares have dropped approximately -22.98%. Shares of the company reached a 52-week high of $33.38 on 02/18/25 and a 52-week low of $23.12 on 03/06/25. A 50-day SMA is recorded $28.54, while a 200-day SMA reached $27.06.
Support And Resistance Levels for Cinemark Holdings Inc (CNK)
According to the 24-hour chart, there is a support level at 23.48, which, if violated, would cause prices to drop to 23.09. In the upper region, resistance lies at 24.30. The next price resistance is at 24.73. RSI (Relative Strength Index) is 25.71 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.90, which suggests the price will decrease in the coming days. Percent R is at 83.70%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
