What Did This CEO Just Do with Personal Shares of Cinemark Holdings (CNK)?

Yesterday, the CEO of Cinemark Holdings (CNK), Mark Zoradi, sold shares of CNK for $32.34K.

Following Mark Zoradi’s last CNK Sell transaction on March 18, 2020, the stock climbed by 9.7%. This is Zoradi’s first Sell trade following 4 Buy transactions.

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The company has a one-year high of $35.74 and a one-year low of $5.71. CNK’s market cap is $1.92 billion and the company has a P/E ratio of -5.30.

Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $15.29, reflecting a 1.8% upside.

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Cinemark Holdings, Inc. is a holding company, which engages in the provision of motion picture exhibition through its subsidiaries. It operates through the U.S. and International segments. The company was founded by Lee Roy Mitchell in 1984 and is headquartered in Plano, TX.

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