AMC NETWORKS INC Common Stock (NASDAQ:AMCX) gets downgraded to Sell by Goldman Sachs Group with a price target of $61.00

ME Staff
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Analyst Ratings For AMC NETWORKS INC Common Stock (NASDAQ:AMCX)

Today, AMC NETWORKS INC Common Stock (NASDAQ:AMCX) stock was downgraded by Goldman Sachs Group from Neutral to Sell with a price target of $61.00.

There are 11 Hold Ratings, 2 Sell Ratings, 2 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on AMC NETWORKS INC Common Stock (NASDAQ:AMCX) is Hold with a consensus target price of $60.7033 per share, a potential 9.75% downside.

Some recent analyst ratings include

  • 10/4/2018-AMC NETWORKS INC Common Stock (NASDAQ:AMCX) gets downgraded to Sell by Goldman Sachs Group with a price target of $61.00
  • 7/19/2018-AMC NETWORKS INC Common Stock (NASDAQ:AMCX) has coverage initiated with a In-Line rating and $65.00 price target
  • 7/13/2018-AMC NETWORKS INC Common Stock (NASDAQ:AMCX) had its Hold rating reiterated by Guggenheim with a $58.00 price target
  • 5/11/2018-AMC NETWORKS INC Common Stock (NASDAQ:AMCX) gets downgraded to In-Line by Evercore ISI with a price target of $62.00

Recent Insider Trading Activity For AMC NETWORKS INC Common Stock (NASDAQ:AMCX)
AMC NETWORKS INC Common Stock (NASDAQ:AMCX) has insider ownership of 20.97% and institutional ownership of 84.52%.

  • On 6/18/2018 Edward A Carroll, COO, sold 11,700 with an average share price of $66.72 per share and the total transaction amounting to $780,624.00.
  • On 6/18/2018 James Gallagher, EVP, sold 2,300 with an average share price of $67.01 per share and the total transaction amounting to $154,123.00.
  • On 5/17/2018 James Gallagher, EVP, sold 4,000 with an average share price of $57.51 per share and the total transaction amounting to $230,040.00.
  • On 3/20/2017 James Gallagher, EVP, sold 4,000 with an average share price of $58.75 per share and the total transaction amounting to $235,000.00.
  • On 3/8/2016 James Lawrence Dolan, Insider, sold 65,000 with an average share price of $66.89 per share and the total transaction amounting to $4,347,850.00.
  • On 11/11/2015 Marianne Dolan Weber, insider, sold 1,000 with an average share price of $78.28 per share and the total transaction amounting to $78,280.00.
  • On 5/22/2015 James Gallagher, EVP, sold 1,000 with an average share price of $77.49 per share and the total transaction amounting to $77,490.00.

About AMC NETWORKS INC Common Stock (NASDAQ:AMCX)
AMC Networks Inc. owns and operates various cable television's brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally. The company operates in two segments, National Networks; and International and Other. The National Networks segment operates five distributed entertainment programming networks under the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV names in high definition and standard definition formats. This segment distributes its networks in the United States through cable and other multichannel video programming distribution platforms, such as direct broadcast satellite and platforms operated by telecommunications providers. The International and Other segment delivers entertaining and acclaimed programming services for subscribers in approximately 140 countries and territories, including Europe, Latin America, the Middle East, and the parts of Asia and Africa. This segment also operates in independent film distribution business that distributes films across various media platforms, including theaters, cable/satellite video on demand, cable network television, streaming/downloading to internet-connected screens, and DVDs. The company also provides subscription streaming services. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.

Recent Trading Activity for AMC NETWORKS INC Common Stock (NASDAQ:AMCX)
Shares of AMC NETWORKS INC Common Stock closed the previous trading session at 67.26 up +0.90 1.36% with shares trading hands.