The Chief Brand Officer of World Wrestling (WWE) is Selling Shares


Today, the Chief Brand Officer of World Wrestling (WWE), Stephanie Levesque, sold shares of WWE for $1.03M.

Following Stephanie Levesque’s last WWE Sell transaction on September 13, 2013, the stock climbed by 34.9%. In addition to Stephanie Levesque, 3 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 March 31, the company posted quarterly revenue of $291 million and quarterly net profit of $26.17 million. In comparison, last year the company earned revenue of $182 million and had a GAAP net loss of $8.4 million. The company has a one-year high of $84.64 and a one-year low of $29.11. Currently, World Wrestling has an average volume of 944.13K.

Based on 11 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $50.20, reflecting a -11.5% downside.

The insider sentiment on World Wrestling has been negative according to 42 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Stephanie Levesque’s trades have generated a -28.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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. It operates through the following business segments: Digital Media, Live Events, Consumer Products Division, WWE Studios, and Corporate & Other. The Digital Media segment revenues consist principally of subscriptions to WWE Network, fees for viewing its pay-per-view and video-on-demand programming, and advertising fees. The Live Events segment revenues consist principally of ticket sales and travel packages for live events. The Consumer Products segment revenues consist principally of royalties or license fees related to various WWE themed products such as video games, toys and apparel. The WWE Studios segment revenues consist of amounts earned from the investing in producing and/or distributing of filmed entertainment. The Corporate & Other segment revenues consist of amounts earned from the investing in producing and/or distributing of filmed entertainment. The company was founded by Vincent K. McMahon in 1980 and is headquartered in Stamford, CT.

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