AMC Entertainment Holdings, Inc. (NYSE:AMC) reached 10.29% versus a 1-year low price of $22.35. The stock was last seen 2.49% higher, reaching at $24.65 on June 16, 2017. At recent session, the prices were hovering between $23.75 and $24.7. This company shares are 49.17% off its target price of $36.77 and the current market capitalization stands at $3.15B. The recent change has given its price a -9.9% deficit over SMA 50 and -30.86% deficit over its 52-week high. The stock witnessed 0.2% gains, -19.44% declines and -22.36% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AMC’s volatility during a week at 2.78% and during a month it has been found around 3.96%.AMC Entertainment Holdings, Inc. (AMC) Top Holders
Institutional investors currently hold around $1.33 billion or 96.9% in AMC stock. Look at its top three institutional owners. Vanguard Group Inc owns $119.31 million in AMC Entertainment Holdings, Inc., which represents roughly 3.79% of the company’s market cap and approximately 8.99% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 3,352,184 shares of the stock are valued at $82.63 million. The third largest holder is Driehaus Capital Management Llc, which currently holds $63.33 million worth of this stock and that ownership represents nearly 2.01% of its market capitalization.AMC Entertainment Holdings, Inc. 13F Filings
At the end of Mar reporting period, 118 institutional holders increased their position in AMC Entertainment Holdings, Inc. (NYSE:AMC) by some 26,033,994 shares, 61 decreased positions by 4,514,455 and 8 held positions by 23,279,005. That puts total institutional holdings at 53,827,454 shares, according to SEC filings. The stock grabbed 59 new institutional investments totaling 14,371,601 shares while 23 institutional investors sold out their entire positions totaling 852,365 shares.
Multiple company employees have indulged in significant insider trading. AMC Entertainment Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that SVP, GC & SECRETARY CONNOR KEVIN M has acquired 4,000 shares of AMC Entertainment Holdings, Inc. (AMC) in trading session dated Jun. 08, 2017. These shares are worth $94,080 and were traded at $23.52 each. The SEC filing shows that ARON ADAM M performed a purchase of 10,000 shares. The CEO AND PRESIDENT added these shares by way of transaction on Jun. 02, 2017. The company’s shares were assimilated at $24.72 per share worth to an investment of some $247,200 on account of ARON ADAM M.
CEO AND PRESIDENT, ARON ADAM M, purchased 31,747 common shares of AMC Entertainment Holdings, Inc. (AMC) in the open market. In a transaction dated Feb. 13, 2017, the shares were bought at an average price of $31.5, giving away a sum of $1,000,031. After this purchase, 51,747 common shares of AMC are directly owned by the insider, with total stake valued at $1,275,564.
In the transaction dated Aug. 08, 2016, the great number of shares acquired came courtesy the CEO & President; ARON ADAM M added a total of 10,000 shares at an average price of $28.8, amounting to approximately $288,000. The insider now directly owns 20,000 shares worth $493,000.AMC Entertainment Holdings, Inc. (AMC) Analyst Guide
Several analysts have released their opinion on AMC Entertainment Holdings, Inc. (NYSE:AMC), with 7 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.33 average brokerage recommendation.