The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Cinemark Holdings Inc shares valued at $825,250 were sold by Fernandes Valmir on May 27 ’25. At $33.01 per share, Fernandes Valmir sold 25,000 shares. The insider’s holdings dropped to 130,612 shares worth approximately $4.3 million following the completion of this transaction.
Also, Fernandes Valmir purchased 25,000 shares, netting a total of over 825,338 in proceeds.
Before that, Thomas Melissa had sold 7,200 shares from its account. In a trade valued at $226,296, the EVP, Chief Financial Officer traded Cinemark Holdings Inc shares for $31.43 each. Upon closing the transaction, the insider’s holdings decreased to 7,200 shares, worth approximately $6.95 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 2.36%. Over the course of the year, Cinemark Holdings Inc shares have jumped approximately 6.39%. Shares of the company reached a 52-week high of $33.69 on 05/28/25 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 32.59, which, if violated, would cause prices to drop to 32.21. In the upper region, resistance lies at 33.26. The next price resistance is at 33.55. RSI (Relative Strength Index) is 68.36 on the 14-day chart, showing neutral technical sentiment.
