In a filing, AMC Networks Inc revealed its Member of 13(d) Group Charles F. Dolan 2009 Revocabl unloaded Company’s shares for reported $1.07 million on Mar 10 ’25. In the deal valued at $6.95 per share,154,345 shares were sold. As a result of this transaction, Charles F. Dolan 2009 Revocabl now holds 20,833 shares worth roughly $0.15 million.
Then, Charles F. Dolan 2009 Revocabl sold 20,833 shares, generating $143,539 in total proceeds. Upon selling the shares at $6.89, the Member of 13(d) Group now owns 0 shares.
Before that, The Charles F. Dolan 2009 Revo bought 175,178 shares. AMC Networks Inc shares valued at $1,213,984 were divested by the Other at a price of $6.93 per share.
Seaport Research Partners upgraded its AMC Networks Inc [AMCX] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who decreased its forecast for the stock in mid December from “a Buy” to “a Neutral”. Seaport Research Partners began covering AMCX with “Buy” recommendation on October 06, 2023. Morgan Stanley revised its rating on June 06, 2023. It rated AMCX as “an Underweight” which previously was an “an Equal-weight”.
Price Performance Review of AMCX
On Monday, AMC Networks Inc [NASDAQ:AMCX] saw its stock jump 0.57% to $7.03. Over the last five days, the stock has gained 1.15%. AMC Networks Inc shares have fallen nearly -28.99% since the year began. Nevertheless, the stocks have fallen -44.51% over the past one year. While a 52-week high of $18.58 was reached on 01/29/25, a 52-week low of $6.59 was recorded on 03/11/25. SMA at 50 days reached $8.63, while 200 days put it at $9.62.
Levels Of Support And Resistance For AMCX Stock
The 24-hour chart illustrates a support level at 6.89, which if violated will result in even more drops to 6.74. On the upside, there is a resistance level at 7.17. A further resistance level may holdings at 7.31. The Relative Strength Index (RSI) on the 14-day chart is 36.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.65%. Stochastics %K at 31.60% indicates the stock is a holding.
How much short interest is there in AMC Networks Inc?
A steep rise in short interest was recorded in AMC Networks Inc stocks on 2025-02-28, dropping by -0.74 million shares to a total of 4.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.58 million shares. There was a decline of -15.17%, which implies that there is a negative sentiment for the stock.
