Insider Trading Activity in: Cinemark Holdings Inc $CNK

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Cinemark Holdings Inc (NYSE:CNK) insider have most recently took part in a trading activity. On Aug 28, 2017 Zoradi Mark, CEO bought 5,000 shares having total worth of $164,150 at the price of $32.83 per share, following the transaction a total of 167,456 shares owned by Zoradi Mark.

Furthermore, over the past 12 months , the stock was traded 7 times by insiders. In 7 of these trades, the insider was a seller .

Shares of Cinemark Holdings Inc (NYSE:CNK) traded down 0.57% on Aug 28, 2017, hitting $33.16. 2,397,200 shares of the company’s stock traded hands. Cinemark Holdings Inc has a 52 week low of $32.09 and a 52 week high of $44.26. The company’s market cap is $4,440 million.

Cinemark Holdings Inc (NYSE:CNK) last announced its earnings results on Aug 4, 2017. The company reported 0.44 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.45 by $0.01. The company had revenue of $751 million for the quarter, compared to the consensus estimate of $751 million. During the same quarter in the previous year, the company posted 0.51 earnings per share. The company’s revenue for the quarter was up 1% on a year-over-year basis.

2017-08-04 2017-05-03 2017-02-23 2016-11-08 2016-08-09 2016-05-10 2016-02-24 2015-11-05 2015-08-06 2015-02-18
earnings per share 0.44 0.68 0.66 0.56 0.51 0.50 0.50 0.40 0.61 0.41
Revenue(M) 751.2 779.61 700.92 768.57 744.4 704.87 707.22 700.06 799.93 659.94

Cinemark Holdings, Inc. is a Delaware corporation incorporated on August 2, 2006. The Company and its subsidiaries are engaged in the motion picture exhibition industry with theatres in the United States (U.S.), Canada, Mexico, Argentina, Brazil, Chile, Ecuador, Peru, Honduras, El Salvador, Nicaragua, Costa Rica, Panama and Colombia. It operates 424 theatres and 4,896 screens in the U.S. and Latin America. As of December 31, 2012, the Company operated 465 theatres and 5,240 screens in the U.S. and Latin America and 263.7 million patrons attended the theatres worldwide during the year ended December 31, 2012. The Company’s circuit is the third largest in the U.S. with 298 theatres and 3,916 screens in 39 states. The Company is the geographically diverse circuit in Latin America with 167 theatres and 1,324 screens in 13 countries. Revenues, operating income and net income attributable to the Company for the year ended December 31, 2012, were $2,473.5 million, $383.7 million and $168.9 million, respectively. At December 31, 2012 the Company had cash and cash equivalents of $742.7 million and long-term debt of $1,764.0 million. Approximately $250.0 million, or 14%, of long-term debt accrues interest at variable rates and approximately $9.5 million of long-term debt matures in 2013. The Company’s theatres in the U.S. are mainly located in mid-sized U.S. markets, including suburbs of major metropolitan areas. In the U.S., it licenses films on a theatre-by-theatre and film-by-film basis from film distributors that are owned by major film production companies or from independent film distributors that distribute films for smaller production companies. For new release films, film distributors typically establish geographic zones and offer each available film to one theatre in each zone. The size of a film zone is generally determined by the population density, demographics and box office revenues potential of a particular market or region. Radio and television advertising spots, generally paid for by film distributors, are used to promote certain motion pictures and special events. The Company competes against local, regional, national and international exhibitors with respect to attracting patrons, licensing films and developing new theatre sites. The distribution of motion pictures is largely regulated by federal and state antitrust laws and has been the subject of numerous antitrust cases.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.