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. National Cinemedia Inc shares valued at $106,475 were sold by Ng Ronnie Y. on Mar 19 ’25. At $6.03 per share, Ng Ronnie Y. sold 17,669 shares. The insider’s holdings dropped to 122,539 shares worth approximately $0.65 million following the completion of this transaction.
Also, RONNIE NG purchased 17,669 shares, netting a total of over 101,597 in proceeds.
Before that, Woods Maria VG had sold 20,118 shares from its account. In a trade valued at $119,167, the EVP – General Counsel traded National Cinemedia Inc shares for $5.92 each. Upon closing the transaction, the insider’s holdings decreased to 20,118 shares, worth approximately $0.48 million.
As published in a research note from B. Riley Securities on May 16, 2025, National Cinemedia Inc [NCMI] has been rated down from a Buy to a Neutral and the price target has been revised to $6. Analysts at Wedbush upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in mid March. As of August 15, 2024, The Benchmark Company has increased its “Speculative buy” rating to a “Buy” for NCMI. Earlier on March 19, 2024, B. Riley Securities upgraded its rating. Their new recommendation was “a Buy” for NCMI stock which previously was a “a Neutral”.
Analyzing NCMI Stock Performance
During the last five days, there has been a surge of approximately 5.74%. Over the course of the year, National Cinemedia Inc shares have dropped approximately -19.58%. Shares of the company reached a 52-week high of $7.25 on 02/14/25 and a 52-week low of $4.12 on 05/07/25.
Support And Resistance Levels for National Cinemedia Inc (NCMI)
According to the 24-hour chart, there is a support level at 5.22, which, if violated, would cause prices to drop to 5.10. In the upper region, resistance lies at 5.50. The next price resistance is at 5.65. RSI (Relative Strength Index) is 51.09 on the 14-day chart, showing neutral technical sentiment.
On December 18, 2023, B. Riley Securities assigned a price target of “a Neutral” to the stock and resumed coverage with a $4.50.
