NCMI - Smart Money Move: LAUREN ZALAZNICK Grabs $50K Worth Of National CineMedia Stock | Benzinga
LAUREN ZALAZNICK, Director at National CineMedia (NASDAQ:NCMI), reported an insider buy on March 28, according to a new SEC filing.
What Happened: In a significant move reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, ZALAZNICK purchased 10,627 shares of National CineMedia, demonstrating confidence in the company's growth potential. The total value of the transaction stands at $50,000.
National CineMedia shares are trading up 1.78% at $5.15 at the time of this writing on Friday morning.
Unveiling the Story Behind National CineMedia
National CineMedia Inc is a cinema advertising platform in the U.S. It derives revenue from the sale of advertising to national, regional and local businesses through The Noovie Show, the cinema advertising and entertainment show seen on movie screens across the U.S., on LEN, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies.
National CineMedia's Economic Impact: An Analysis
Decline in Revenue: Over the 3 months period, National CineMedia faced challenges, resulting in a decline of approximately -0.98% in revenue growth as of 31 December, 2023. This signifies a reduction in the ...