Scripps Networks Interactive Inc. (NASDAQ:SNI) Director David A. Galloway sold 3,214 shares of the stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $73.49, for a total value of $236,196.86. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Scripps Networks Interactive Inc. (NASDAQ:SNI) opened at 71.19 on Friday. The stock has a market capitalization of $9.19 billion, a P/E ratio of 11.76 and a beta of 1.12. The firm’s 50-day moving average price is $64.80 and its 200 day moving average price is $64.03. Scripps Networks Interactive Inc. has a 12-month low of $50.81 and a 12-month high of $73.71.

Scripps Networks Interactive (NASDAQ:SNI) last issued its quarterly earnings results on Monday, November 7th. The company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.31. Scripps Networks Interactive had a return on equity of 34.21% and a net margin of 23.37%. The business had revenue of $803.10 million for the quarter, compared to the consensus estimate of $794.62 million. During the same quarter in the previous year, the company posted $1.06 earnings per share. Scripps Networks Interactive’s revenue for the quarter was up 3.5% compared to the same quarter last year. Analysts predict that Scripps Networks Interactive Inc. will post $5.23 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Scripps Networks Interactive (NASDAQ:SNI)

The company also recently announced a quarterly dividend, which will be paid on Saturday, December 10th. Shareholders of record on Wednesday, November 30th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Monday, November 28th. This represents a $1.00 dividend on an annualized basis and a yield of 1.40%. Scripps Networks Interactive’s dividend payout ratio (DPR) is currently 16.53%.

A number of hedge funds and other institutional investors have recently modified their holdings of SNI. Price T Rowe Associates Inc. MD increased its position in shares of Scripps Networks Interactive by 0.6% in the third quarter. Price T Rowe Associates Inc. MD now owns 163,650 shares of the company’s stock worth $10,390,000 after buying an additional 910 shares during the period. Delphi Management Inc. MA increased its position in shares of Scripps Networks Interactive by 0.7% in the third quarter. Delphi Management Inc. MA now owns 24,642 shares of the company’s stock worth $1,565,000 after buying an additional 178 shares during the period. Credit Suisse AG increased its position in shares of Scripps Networks Interactive by 24.4% in the third quarter. Credit Suisse AG now owns 131,980 shares of the company’s stock worth $8,379,000 after buying an additional 25,847 shares during the period. Salem Investment Counselors Inc. purchased a new position in shares of Scripps Networks Interactive during the third quarter worth approximately $116,000. Finally, Chartwell Investment Partners LLC increased its position in shares of Scripps Networks Interactive by 7.0% in the third quarter. Chartwell Investment Partners LLC now owns 345,610 shares of the company’s stock worth $21,943,000 after buying an additional 22,587 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

SNI has been the topic of a number of analyst reports. Jefferies Group decreased their price objective on Scripps Networks Interactive from $69.00 to $67.00 and set a “hold” rating on the stock in a research note on Wednesday, August 10th. Evercore ISI lowered Scripps Networks Interactive from a “buy” rating to a “hold” rating and set a $68.00 price target on the stock. in a research note on Wednesday, August 10th. Argus reissued a “buy” rating and issued a $100.00 price target on shares of Scripps Networks Interactive in a research note on Tuesday, August 16th. Citigroup Inc. decreased their price target on Scripps Networks Interactive from $65.00 to $62.00 and set a “neutral” rating on the stock in a research note on Thursday, August 25th. Finally, Moffett Nathanson lowered Scripps Networks Interactive from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $71.00 to $52.00 in a research note on Tuesday, September 27th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the company. Scripps Networks Interactive has an average rating of “Hold” and an average target price of $68.73.

Scripps Networks Interactive Company Profile

Scripps Networks Interactive, Inc is a developer of lifestyle-oriented content for linear and interactive video platforms, including television and the Internet brands. The Company’s segments include U.S. Networks, International Networks, and Corporate and Other. Its U.S. Networks segment includes its approximately six national television networks: HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel and Great American Country.

5 Day Chart for NASDAQ:SNI

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