Cinemark Holdings Inc (NYSE:CNK), a leader in the motion picture exhibition industry, operates theaters in the United States and Latin America. The company offers a broad array of films, including mainstream blockbusters, independent art films, and international content. With a focus on enhancing customer experience through innovation, Cinemark provides amenities such as luxury loungers, large format auditoriums, and enhanced food and beverage options.
According to a recent SEC filing, Chief Marketing & Content Officer Wanda Gierhart of Cinemark Holdings Inc (CNK, Financial) sold 19,593 shares of the company on February 28, 2024. The transaction was executed at an average price, resulting in a total value of the sold shares.
Wanda Gierhart’s trades over the past year reflect a total sale of 19,593 shares and no recorded purchases of the company's stock.
The insider transaction history for Cinemark Holdings Inc (CNK) indicates a lack of insider purchases over the past year, with a total of 0 insider buys. In contrast, there has been 1 insider sell during the same period.
On the valuation front, shares of Cinemark Holdings Inc (CNK) were trading at $16.75 on the day of the insider's recent transaction, giving the company a market capitalization of $2.117 billion. The price-earnings ratio stands at 14.15, which is lower than the industry median of 19.54 and also below the company's historical median price-earnings ratio.
With a share price of $16.75 and a GuruFocus Value of $18.79, Cinemark Holdings Inc has a price-to-GF-Value ratio of 0.89, indicating that the stock is Fairly Valued based on its GF Value.
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 past returns and growth, and future business performance estimates provided by Morningstar analysts.
The recent insider sell by Chief Marketing & Content Officer Wanda Gierhart may provide investors with insight into the company's stock valuation and insider sentiment. However, it is important to consider the broader context of the company's financial performance and market conditions when evaluating the significance of insider transactions.
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.
