Insider Sell: Mark Zoradi Sells 85,229 Shares of Cinemark Holdings Inc (CNK)

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Nov 23, 2024
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On November 21, 2024, Mark Zoradi, a Director at Cinemark Holdings Inc (CNK, Financial), sold 85,229 shares of the company. Following this transaction, the insider now owns 443,972 shares of the company. The transaction details can be found in the SEC Filing. Cinemark Holdings Inc (CNK) is a leader in the motion picture exhibition industry, operating theaters in the United States and Latin America. The company is known for providing a high-quality movie-going experience with advanced technology and amenities. 1860112164531105792.png The insider transaction history for Cinemark Holdings Inc shows that there have been no insider buys over the past year. However, there have been four insider sells during the same period. Over the past year, Mark Zoradi has sold a total of 85,229 shares and has not purchased any shares. On the day of the recent sale, shares of Cinemark Holdings Inc were trading at $32.38, giving the stock a market cap of $3.992 billion. The company's price-earnings ratio stands at 21.05, which is higher than the industry median of 16.945 and also higher than the company’s historical median price-earnings ratio. 1860112207220731904.png With a price of $32.38 and a GuruFocus Value of $15.51, Cinemark Holdings Inc has a price-to-GF-Value ratio of 2.09. This indicates that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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