James J. Cotter Living Trust Sells 2,500 Shares of Reading International, Inc. (NASDAQ:RDI) Stock

Reading International, Inc. (NASDAQ:RDI) insider James J. Cotter Living Trust sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $10.05, for a total value of $25,125.00. Following the sale, the insider now directly owns 823,032 shares in the company, valued at $8,271,471.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

James J. Cotter Living Trust also recently made the following trade(s):

  • On Friday, February 14th, James J. Cotter Living Trust sold 2,500 shares of Reading International stock. The stock was sold at an average price of $9.92, for a total value of $24,800.00.
  • On Wednesday, February 12th, James J. Cotter Living Trust sold 2,500 shares of Reading International stock. The stock was sold at an average price of $10.05, for a total value of $25,125.00.
  • On Thursday, February 6th, James J. Cotter Living Trust sold 2,500 shares of Reading International stock. The stock was sold at an average price of $10.36, for a total value of $25,900.00.

Shares of NASDAQ RDI opened at $9.95 on Friday. The business’s 50 day moving average is $10.65 and its two-hundred day moving average is $11.45. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.17 and a quick ratio of 0.17. Reading International, Inc. has a 1-year low of $9.88 and a 1-year high of $16.55. The stock has a market capitalization of $219.74 million, a P/E ratio of 38.27 and a beta of 1.02.

Reading International (NASDAQ:RDI) last released its earnings results on Wednesday, November 13th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.08). The business had revenue of $70.46 million for the quarter. Reading International had a net margin of 2.18% and a return on equity of 3.52%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Group One Trading L.P. grew its stake in shares of Reading International by 218.3% during the fourth quarter. Group One Trading L.P. now owns 3,527 shares of the company’s stock valued at $39,000 after buying an additional 2,419 shares during the last quarter. Citigroup Inc. grew its stake in Reading International by 57.3% in the fourth quarter. Citigroup Inc. now owns 3,639 shares of the company’s stock worth $41,000 after purchasing an additional 1,325 shares in the last quarter. Parametric Portfolio Associates LLC bought a new position in Reading International in the second quarter worth approximately $145,000. Barclays PLC grew its stake in Reading International by 94.6% in the fourth quarter. Barclays PLC now owns 16,644 shares of the company’s stock worth $186,000 after purchasing an additional 8,090 shares in the last quarter. Finally, UBS Group AG grew its stake in Reading International by 65.2% in the fourth quarter. UBS Group AG now owns 20,189 shares of the company’s stock worth $226,000 after purchasing an additional 7,965 shares in the last quarter. 42.66% of the stock is currently owned by hedge funds and other institutional investors.

Reading International Company Profile

Reading International, Inc engages in the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. The company operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates multiplex cinemas.

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Insider Buying and Selling by Quarter for Reading International (NASDAQ:RDI)

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