AMC Entertainment Holdings, Inc. (NYSE:AMC) Shares Sold by Capula Management Ltd

Capula Management Ltd decreased its position in shares of AMC Entertainment Holdings, Inc. (NYSE:AMCFree Report) by 76.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,189 shares of the company’s stock after selling 77,671 shares during the quarter. Capula Management Ltd’s holdings in AMC Entertainment were worth $193,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Invesco Ltd. increased its stake in AMC Entertainment by 418.4% during the first quarter. Invesco Ltd. now owns 2,635,266 shares of the company’s stock worth $64,934,000 after acquiring an additional 2,126,916 shares during the last quarter. Cadian Capital Management LP acquired a new position in shares of AMC Entertainment during the second quarter worth $7,757,000. Vanguard Group Inc. increased its stake in AMC Entertainment by 3.5% in the third quarter. Vanguard Group Inc. now owns 49,270,302 shares of the company’s stock valued at $343,413,000 after purchasing an additional 1,682,299 shares during the last quarter. Marshall Wace LLP purchased a new position in AMC Entertainment during the 2nd quarter worth approximately $6,406,000. Finally, Cowen AND Company LLC lifted its position in AMC Entertainment by 295.6% during the 2nd quarter. Cowen AND Company LLC now owns 1,760,300 shares of the company’s stock worth $7,745,000 after acquiring an additional 1,315,300 shares during the period. 28.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on AMC shares. B. Riley reduced their price objective on shares of AMC Entertainment from $15.00 to $12.00 and set a “neutral” rating for the company in a research note on Tuesday, January 2nd. Roth Mkm lifted their price objective on AMC Entertainment to $5.00 and gave the stock a “sell” rating in a report on Tuesday, October 17th. Finally, StockNews.com initiated coverage on AMC Entertainment in a research note on Thursday, October 5th. They set a “sell” rating for the company. Five equities research analysts have rated the stock with a sell rating and two have given a hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $9.75.

Get Our Latest Stock Analysis on AMC Entertainment

AMC Entertainment Trading Down 0.2 %

NYSE AMC traded down $0.01 during mid-day trading on Friday, hitting $4.07. The company’s stock had a trading volume of 11,171,337 shares, compared to its average volume of 15,760,795. AMC Entertainment Holdings, Inc. has a 52-week low of $4.01 and a 52-week high of $85.30. The stock’s fifty day simple moving average is $5.99 and its two-hundred day simple moving average is $16.03.

AMC Entertainment (NYSE:AMCGet Free Report) last posted its earnings results on Wednesday, November 8th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.11. The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.26 billion. AMC Entertainment’s quarterly revenue was up 45.2% compared to the same quarter last year. During the same quarter last year, the business posted ($2.00) EPS. On average, sell-side analysts predict that AMC Entertainment Holdings, Inc. will post -2.1 EPS for the current year.

AMC Entertainment Company Profile

(Free Report)

AMC Entertainment Holdings, Inc, through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. AMC Entertainment Holdings, Inc was founded in 1920 and is headquartered in Leawood, Kansas.

Further Reading

Institutional Ownership by Quarter for AMC Entertainment (NYSE:AMC)

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