Antara Capital Lp Sells 500,000 Shares of AMC Entertainment Holdings, Inc. (NYSE:APE) Stock

Posted by Doug Wharley on May 26th, 2023

AMC Entertainment Holdings, Inc. (NYSE:APE – Get Rating) major shareholder Antara Capital Lp sold 500,000 shares of AMC Entertainment stock in a transaction that occurred on Wednesday, May 24th. The stock was sold at an average price of $1.60, for a total value of $800,000.00. Following the sale, the insider now owns 144,702,848 shares in the company, valued at $231,524,556.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Antara Capital Lp also recently made the following trade(s):

On Monday, May 22nd, Antara Capital Lp sold 500,000 shares of AMC Entertainment stock. The stock was sold at an average price of $1.60, for a total value of $800,000.00.
On Friday, May 19th, Antara Capital Lp sold 1,000,000 shares of AMC Entertainment stock. The stock was sold at an average price of $1.60, for a total value of $1,600,000.00.
On Wednesday, May 17th, Antara Capital Lp sold 426,868 shares of AMC Entertainment stock. The stock was sold at an average price of $1.60, for a total value of $682,988.80.
On Monday, May 15th, Antara Capital Lp sold 1,235,947 shares of AMC Entertainment stock. The stock was sold at an average price of $1.62, for a total value of $2,002,234.14.
On Tuesday, May 2nd, Antara Capital Lp sold 1,263,420 shares of AMC Entertainment stock. The shares were sold at an average price of $1.51, for a total value of $1,907,764.20.
On Monday, April 24th, Antara Capital Lp sold 1,500,000 shares of AMC Entertainment stock. The shares were sold at an average price of $1.54, for a total value of $2,310,000.00.
On Friday, April 14th, Antara Capital Lp sold 2,918,400 shares of AMC Entertainment stock. The shares were sold at an average price of $1.66, for a total value of $4,844,544.00.
On Wednesday, April 5th, Antara Capital Lp sold 1,008,385 shares of AMC Entertainment stock. The shares were sold at an average price of $1.68, for a total value of $1,694,086.80.
On Monday, April 3rd, Antara Capital Lp sold 7,885,000 shares of AMC Entertainment stock. The shares were sold at an average price of $1.98, for a total value of $15,612,300.00.
On Wednesday, March 15th, Antara Capital Lp sold 48,000,579 shares of AMC Entertainment stock. The shares were sold at an average price of $1.51, for a total value of $72,480,874.29.

AMC Entertainment Trading Up 1.9 %

Shares of NYSE APE traded up $0.03 during trading on Friday, reaching $1.59. The stock had a trading volume of 4,400,137 shares, compared to its average volume of 22,207,252. AMC Entertainment Holdings, Inc. has a one year low of $0.65 and a one year high of $10.50. The stock has a 50 day simple moving average of $1.53.

Institutional Investors Weigh In On AMC Entertainment

An institutional investor recently raised its position in AMC Entertainment stock. FNY Investment Advisers LLC increased its stake in shares of AMC Entertainment Holdings, Inc. (NYSE:APE – Get Rating) by 43,543.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 403,700 shares of the company’s stock after buying an additional 402,775 shares during the quarter. FNY Investment Advisers LLC’s holdings in AMC Entertainment were worth $593,000 at the end of the most recent quarter.

AMC Entertainment Company Profile

(Get Rating)

AMC Entertainment Holdings, Inc, through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. As of March 1, 2022, it operated approximately 950 theatres and 10,600 screens. The company was founded in 1920 and is headquartered in Leawood, Kansas.