Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cinemark Holdings Inc shares valued at $226,296 were sold by Thomas Melissa on May 15 ’25. At $31.43 per share, Thomas Melissa sold 7,200 shares. The insider’s holdings dropped to 210,968 shares worth approximately $6.84 million following the completion of this transaction.
Also, Thomas Melissa purchased 7,200 shares, netting a total of over 226,340 in proceeds.
Before that, Thomas Melissa had sold 7,200 shares from its account. In a trade valued at $184,248, the EVP, Chief Financial Officer traded Cinemark Holdings Inc shares for $25.59 each. Upon closing the transaction, the insider’s holdings decreased to 7,200 shares, worth approximately $7.08 million.
Analysts at JP Morgan upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in mid April. As of November 01, 2024, Wedbush has decreased its “an Outperform” rating to a “Neutral” for CNK. Earlier on October 31, 2024, Barrington Research upgraded its rating. Their new recommendation was “an Outperform” for CNK stock which previously was a “a Mkt perform”.
Analyzing CNK Stock Performance
During the last five days, there has been a surge of approximately 1.79%. Over the course of the year, Cinemark Holdings Inc shares have jumped approximately 4.71%. 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.
Support And Resistance Levels for Cinemark Holdings Inc (CNK)
According to the 24-hour chart, there is a support level at 32.16, which, if violated, would cause prices to drop to 31.88. In the upper region, resistance lies at 32.66. The next price resistance is at 32.88. RSI (Relative Strength Index) is 71.67 on the 14-day chart, showing overbought technical sentiment.
