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National CineMedia (NASDAQ:NCMI) Insider Clifford E. Marks unloaded 14,171 shares of National CineMedia stock on the open market in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $15.75, for a total transaction of $223,193.25. Following the transaction, the insider now directly owns 273,332 shares in the company, valued at approximately $4,304,979. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of National CineMedia (NASDAQ:NCMI) traded down 0.63% during mid-day trading on Wednesday, hitting $15.73. 480,027 shares of the company’s stock traded hands. National CineMedia has a one year low of $13.94 and a one year high of $20.22. The stock’s 50-day moving average is $18.43 and its 200-day moving average is $18.5. The company has a market cap of $920.5 million and a price-to-earnings ratio of 21.68.

National CineMedia (NASDAQ:NCMI) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.32 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.16 by $0.16. The company had revenue of $1.22 million for the quarter, compared to the consensus estimate of $117.58 million. Analysts expect that National CineMedia will post $0.59 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Thursday, March 20th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 12.63%. The ex-dividend date of this dividend is Tuesday, March 4th.

NCMI has been the subject of a number of recent research reports. Analysts at Benchmark Co. upgraded shares of National CineMedia from a “hold” rating to a “buy” rating in a research note on Tuesday. They now have a $17.55 price target on the stock, down previously from $18.70. Separately, analysts at B. Riley downgraded shares of National CineMedia from a “buy” rating to a “neutral” rating in a research note on Friday, February 21st. Finally, analysts at Stifel Nicolaus downgraded shares of National CineMedia from a “buy” rating to a “hold” rating in a research note on Friday, February 21st. Seven research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $19.04.

National CineMedia, Inc (NASDAQ:NCMI) is a holding company that manages its consolidated subsidiary NCM LLC.

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