Today, the Co-President of World Wrestling (NYSE: WWE), George Barrios, sold shares of WWE for $3.02M.
In addition to George Barrios, 6 other WWE executives reported Sell trades in the last month.
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Based on World Wrestling’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $282 million and quarterly net profit of $9.95 million. In comparison, last year the company earned revenue of $215 million and had a net profit of $5.09 million. WWE’s market cap is $6.12B and the company has a P/E ratio of 125.97. Currently, World Wrestling has an average volume of 660.5K.
Based on 9 analyst ratings, the analyst consensus is Strong Buy with an average price target of $93.44, reflecting a -14.5% downside.
The insider sentiment on World Wrestling has been negative according to 48 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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World Wrestling Entertainment, Inc. engages in the development, production and marketing of television and pay-per-view event programming and live events and the licensing and sale of consumer products featuring its brands.
