National Cinemedia Inc’s filing revealed that its Chief Financial Officer Ng Ronnie Y. unloaded Company’s shares for reported $0.11 million on Mar 19 ’25. In the deal valued at $6.03 per share,17,669 shares were sold. As a result of this transaction, Ng Ronnie Y. now holds 122,539 shares worth roughly $0.66 million.
Then, RONNIE NG bought 17,669 shares, generating $101,597 in total proceeds.
Before that, Woods Maria VG sold 20,118 shares. National Cinemedia Inc shares valued at $119,167 were divested by the EVP – General Counsel at a price of $5.92 per share. As a result of the transaction, Woods Maria VG now holds 90,011 shares, worth roughly $0.48 million.
B. Riley Securities downgraded its National Cinemedia Inc [NCMI] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wedbush’s analysts, who increased its forecast for the stock in mid March from “a Neutral” to “an Outperform”. The Benchmark Company also remained covering NCMI and has increased its forecast on August 15, 2024 with a “Buy” recommendation from previously “Speculative buy” rating. B. Riley Securities revised its rating on March 19, 2024. It rated NCMI as “a Buy” which previously was an “a Neutral”.
Price Performance Review of NCMI
On Friday, National Cinemedia Inc [NASDAQ:NCMI] saw its stock jump 2.09% to $5.37. Over the last five days, the stock has gained 1.51%. National Cinemedia Inc shares have fallen nearly -19.13% since the year began. Nevertheless, the stocks have risen 8.92% over the past one year.
