Cinemark Holdings (NYSE:CNK), a leader in the movie exhibition industry, operates theaters in the United States and Latin America. The company offers a wide range of movies, including mainstream blockbusters, independent art films, and international content. With a focus on improving the customer experience through innovation, Cinemark offers amenities such as luxury loungers, a large-format auditorium, and extensive food and beverage options. Cinemark Holdings Inc (NYSE: CNK) sold 19,593 shares of the company's stock on February 28, 2024, according to a recent SEC filing. Trades were executed at the average price and the total amount of shares sold was calculated. Wanda Gearhart's trades in the past year reflected a total sale of 19,593 shares, no records.Cinemark Holdings, Inc. (NYSE:CNK)'s insider trading history shows that there were no insider purchases in the past year. , with a total of 0 insider purchases. In contrast, he had one insider sale over the same period.
In terms of valuation, Cinemark Holdings, Inc. (NYSE:CNK) stock was trading at $16.75 on the most recent trading day by insiders, giving the company a market cap of $2.117 billion. The price-to-earnings ratio of 14.15 is lower than the industry median of 19.54, and is also lower than the company's historical median price-to-earnings ratio. With a stock price of $16.75 and a GuruFocus Value of $18.79, Cinemark Holdings Inc's price to GF Value ratio is 0.89, indicating that the stock is fairly valued based on its GF Value.
GF Value is determined by considering historical trading multiples such as price-to-earnings, price-to-sales, price-to-book, and price-to-free cash flow, along with GuruFocus adjustment factors based on a company's past earnings and growth. , and forecasts of future performance provided by Morningstar analysts. Recent insider sales by Chief Marketing and Content Officer Wanda Gearhart may provide investors with insight into the company's stock valuation and insider sentiment. However, when assessing the significance of insider trading, it is important to consider the broader context of a company's financial performance and market conditions.
This article created by GuruFocus is intended to provide general insight and is not intended as financial advice. Our commentary is based on historical data and analyst forecasts using an unbiased methodology and is not intended to serve as specific investment guidance. It does not constitute a recommendation to buy or sell stocks, and does not take into account your individual investment objectives or financial situation. Our objective is to provide fundamental data-driven analysis over time. Please note that our analysis may not incorporate the latest announcements or qualitative information from price-sensitive companies. GuruFocus has no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
