James Gallagher, EVP and General Counsel of AMC Networks Inc (AMCX, Financial), has sold 22,000 shares of the company on December 19, 2023, according to a recent SEC Filing. Over the past year, Gallagher has sold a total of 55,874 shares and has not made any purchases of the stock.
AMC Networks Inc is a global entertainment company known for its popular and critically acclaimed content. Its portfolio includes a network of channels broadcasting movies and original programming, as well as production and distribution of content across various media platforms.
The insider transaction history for AMC Networks Inc shows a pattern of insider sales, with 4 insider sells and no insider buys over the past year.
On the valuation front, shares of AMC Networks Inc were trading at $20.4 on the day of the insider's recent sale, resulting in a market cap of $816.745 million. The stock's price-to-GF-Value ratio stands at 0.66, with a GF Value of $30.89, indicating that the stock is currently categorized as a Possible Value Trap, Think Twice according to GuruFocus' valuation model.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
