Cinemark Trading Volume Surges 201.55% to $208 Million, Ranks 421st in Daily Turnover

Generado por agente de IAAinvest Volume Radar
jueves, 12 de junio de 2025, 7:49 pm ET1 min de lectura
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On June 12, 2025, Cinemark HoldingsCNK--, Inc. (CNK) experienced a significant surge in trading volume, with a turnover of $208 million, marking a 201.55% increase from the previous day. This substantial rise in trading activity positioned CinemarkCNK-- as the 421st most traded stock for the day. However, the stock price of Cinemark declined by 0.93%.

Several brokerages have recently issued reports on Cinemark. Wedbush reaffirmed a "neutral" rating and set a $32.00 target price. Morgan Stanley reduced its target price from $40.00 to $35.00 and maintained an "overweight" rating. Benchmark also lowered its price target from $40.00 to $35.00 but kept a "buy" rating. Barrington Research reiterated an "outperform" rating with a $36.00 price target. JPMorgan Chase & Co. increased its price target from $34.00 to $35.00 and assigned an "overweight" rating. The consensus price target for Cinemark is $33.20, indicating a potential upside of 3.48%.

Rhumbline Advisers reduced its stake in Cinemark by 1.4% during the first quarter, selling 4,095 shares. Several other hedge funds also adjusted their positions in the company. Dynamic Technology Lab Private Ltd increased its stake by 26.9%, Franklin Resources Inc. by 25.0%, Vanguard Group Inc. by 0.9%, Principal Financial Group Inc. by 5.2%, and Prudential Financial Inc. by 81.2%.

Cinemark recently declared a quarterly dividend of $0.08 per share, payable on June 12th. This represents an annualized dividend of $0.32 and a yield of 1.00%. The ex-dividend date is May 29th. Insider transactions include Valmir Fernandes selling 25,000 shares and Melissa Thomas selling 7,200 shares. Corporate insiders own 2.10% of the company's stock.

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