Shares of AMC Entertainment Holdings, Inc. (NYSE:AMC – Get Rating) have received a consensus recommendation of “Sell” by the six rating agencies that currently cover the company, Marketbeat reports. Four equity research analysts rated the stock with a sell rating and two gave the company a hold rating. The average 1-year price target among brokerages that updated their coverage on the stock in the last year is $9.83.

Several analysts have recently commented on the stock. Zacks Investment Research upgraded AMC Entertainment shares from a “sell” rating to a “hold” rating in a Friday, Feb. 4, report. StockNews.com began covering AMC Entertainment stocks in a research note on Thursday, March 31. They put a “sell” mark on the stock.

Separately, Executive Vice President Elizabeth F. Frank sold 20,000 shares in a trade dated Tuesday, March 29. The stock was sold at an average price of $29.91, for a total transaction of $598,200.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Additionally, CAO Chris A. Cox sold 14,931 shares in a trade dated Tuesday, March 29. The shares were sold at an average price of $28.80, for a total value of $430,012.80. The disclosure of this sale can be found here. In the past three months, insiders have sold 354,070 shares of the company worth $6,664,426. 0.58% of the shares are currently held by insiders.

Hedge funds and other institutional investors have recently changed their holdings in the company. Burleson & Company LLC increased its equity stake in AMC Entertainment by 4,666.7% during the third quarter. Burleson & Company LLC now owns 715 shares of the company valued at $27,000 after acquiring an additional 700 shares in the last quarter. Wagner Wealth Management LLC increased its stake in AMC Entertainment by 67.6% in the third quarter. Wagner Wealth Management LLC now owns 754 shares of the company valued at $27,000 after purchasing an additional 304 shares during the period. Global Wealth Management Investment Advisory Inc. acquired a new stake in AMC Entertainment during Q3, valued at approximately $30,000. Quadrant Capital Group LLC increased its stake in AMC Entertainment by 150.2% during the 4th quarter. Quadrant Capital Group LLC now owns 1,021 shares of the company valued at $28,000 after purchasing an additional 613 shares during the period. Finally, Point72 Hong Kong Ltd increased its stake in AMC Entertainment by 862.0% during the 4th quarter. Point72 Hong Kong Ltd now owns 1,164 shares of the company valued at $32,000 after purchasing an additional 1,043 shares during the period. 31.72% of the shares are currently held by institutional investors and hedge funds.

AMC shares traded down $0.51 during Monday’s trading, hitting $18.02. 25,333,688 shares of the company were traded, against an average volume of 76,548,048. The company has a market capitalization of $9.25 billion, a price-earnings ratio of -6.37 and a beta of 1, 46. The company’s 50-day simple moving average is $18.59 and its 200-day simple moving average is $26.53. AMC Entertainment has a 12-month low of $8.93 and a 12-month high of $72.62.

AMC Entertainment (NYSE:AMC – Get Rating) last released its quarterly results on Tuesday, March 1. The company reported ($0.11) EPS for the quarter, beating the consensus estimate of ($0.19) by $0.08. The company posted revenue of $1.17 billion for the quarter, versus analyst estimates of $1.11 billion. The company’s revenue for the quarter increased by 621.0% compared to the same quarter last year. In the same quarter a year earlier, the company posted ($3.15) earnings per share. On average, stock analysts predict that AMC Entertainment will post -0.75 earnings per share for the current year.

AMC Entertainment Company Profile (Get an evaluation)

AMC Entertainment Holdings, Inc. is engaged in theatrical exhibition business through its subsidiaries. It operates through the US Markets and International Markets segments. The US Markets segment is involved in the ownership, rental or operation of theaters and screens in the United States. The International Markets segment focuses on owning, renting or operating theaters and screens in the United Kingdom, Germany, Spain, Italy, Ireland, Portugal and Sweden. , Finland, Norway, Denmark and Saudi Arabia.

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