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World Wrestling Entertainment (NYSE:WWE) Insider Michael J. Luisi sold 3,890 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $13.20, for a total transaction of $51,348.00. Following the completion of the transaction, the insider now directly owns 100,928 shares of the company’s stock, valued at approximately $1,332,250. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

World Wrestling Entertainment (NYSE:WWE) traded up 4.10% during mid-day trading on Tuesday, hitting $13.97. 1,974,156 shares of the company’s stock traded hands. World Wrestling Entertainment has a 1-year low of $9.62 and a 1-year high of $31.98. The stock’s 50-day moving average is $12. and its 200-day moving average is $18.95. The company’s market cap is $1.054 billion.

World Wrestling Entertainment (NYSE:WWE) last released its earnings data on Thursday, July 31st. The company reported ($0.18) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.20) by $0.02. The company had revenue of $156.30 million for the quarter, compared to the consensus estimate of $157.90 million. During the same quarter last year, the company posted $0.07 earnings per share. World Wrestling Entertainment’s revenue was up 2.6% compared to the same quarter last year. Analysts expect that World Wrestling Entertainment will post $-0.55 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Thursday, September 25th. Investors of record on Monday, September 15th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date of this dividend is Thursday, September 11th.

WWE has been the subject of a number of recent research reports. Analysts at Benchmark Co. reiterated a “” rating on shares of World Wrestling Entertainment in a research note on Thursday, July 31st. They now have a $15.25 price target on the stock. Separately, analysts at Vertical Research downgraded shares of World Wrestling Entertainment from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 21st. Finally, analysts at Vertical Group downgraded shares of World Wrestling Entertainment to a “neutral” rating in a research note on Tuesday, May 20th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. World Wrestling Entertainment currently has a consensus rating of “Buy” and a consensus price target of $17.06.

World Wrestling Entertainment, Inc (NYSE:WWE) is an integrated media and entertainment company.

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