Cinemark Holdings Inc’s recently made public that its EVP, Chief Financial Officer Thomas Melissa unloaded Company’s shares for reported $0.18 million on Feb 28 ’25. In the deal valued at $25.59 per share,7,200 shares were sold. As a result of this transaction, Thomas Melissa now holds 218,168 shares worth roughly $5.44 million.
Then, Thomas Melissa bought 7,200 shares, generating $184,299 in total proceeds.
Before that, Gierhart Wanda Marie sold 9,119 shares. Cinemark Holdings Inc shares valued at $246,213 were divested by the Chief Marketing & Content Ofc at a price of $27.00 per share. As a result of the transaction, Gierhart Wanda Marie now holds 147,414 shares, worth roughly $3.68 million.
Wedbush downgraded its Cinemark Holdings Inc [CNK] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Barrington Research’s analysts, who increased its forecast for the stock in late October from “a Mkt perform” to “an Outperform”. Barrington Research also remained covering CNK and has decreased its forecast on August 28, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. B. Riley Securities revised its rating on August 27, 2024. It rated CNK as “a Neutral” which previously was an “a Buy”.
Price Performance Review of CNK
On Monday, Cinemark Holdings Inc [NYSE:CNK] saw its stock jump 2.85% to $24.94. Over the last five days, the stock has gained 2.80%. Cinemark Holdings Inc shares have fallen nearly -19.50% since the year began. Nevertheless, the stocks have risen 32.17% over the past one year. While a 52-week high of $36.28 was reached on 02/18/25, a 52-week low of $16.32 was recorded on 03/06/25. SMA at 50 days reached $28.28, while 200 days put it at $27.13.
Levels Of Support And Resistance For CNK Stock
The 24-hour chart illustrates a support level at 24.47, which if violated will result in even more drops to 23.99. On the upside, there is a resistance level at 25.24. A further resistance level may holdings at 25.53. The Relative Strength Index (RSI) on the 14-day chart is 38.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.34%. Stochastics %K at 30.93% indicates the stock is a holding.
How much short interest is there in Cinemark Holdings Inc?
A steep rise in short interest was recorded in Cinemark Holdings Inc stocks on 2025-02-28, dropping by -4.51 million shares to a total of 19.55 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 24.06 million shares. There was a decline of -23.07%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 05, 2024 when Barrington Research resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $28.
