$AMCX.US ranked negative on December 26th, 2023

Smart Insider $AMCX.US ranked negative on December 26th, 2023

$AMCX.US ranked negative on December 26th, 2023

AMC Networks Inc (-1, AMCX US, December 26th)

Matthew Blank (Director since 2022; Interim CEO from Sept. 2021 to Sept. 2022) sold 50,000 shares on December 22nd, reducing his stock holdings to zero. While he still likely has some options and RSU holdings, they appear modest. Blank was interim CEO for a year and likely has extensive knowledge of the company’s prospects making this aggressive % sale even more concerning.¬†

We ranked this stock -1 on November 28th based on sales from Kimberly Kelleher (Chief Commercial Officer, joined 2019) and James Gallagher (General Counsel since 2011) around $15.50 per share. The stock has moved higher and Gallagher has made an additional sale, this time even more aggressive. 

We are renewing our -1 rank.

If you want to have Stock of the Week with insider buying stocks information and analysis in your email, don’t forget to subscribe!
Follow us on LinkedIn and Twitter

Check our Signals Performance and if you want to know more about this Signals Service, please, email us at sales_admin@smartinsider.com or fill in the Contact Us form here.

If you are interested in our Stocks of the Week
those services may also be useful for you

Desktop
Service

Timely data delivery customised to every user, backed by analysis tools on our internal website

Signals
Data

We rank the stocks where transactions are most likely to indicate future share price performance

Shares
Buybacks

Studying buyback activity can give a clue to the fortunes of a company and help predict future share price movement

If you are a member of the media and would like to speak with a Smart Insider expert, please contact us press@smartinsider.com or call +44 203 405 3356

Scroll to Top