Lions Gate Entertainment Corp. (NYSE:LGF-A – Get Free Report) shares traded down 0.1% on Wednesday . The stock traded as low as $10.47 and last traded at $10.66. 485,093 shares traded hands during mid-day trading, The stock had previously closed at $10.67.
Wall Street Analyst Weigh In
Separately, Barrington Research upgraded shares of Lions Gate Entertainment from a “market perform” rating to an “outperform” rating and set a $12.00 price target on the stock in a research report on Monday, March 11th.
View Our Latest Analysis on Lions Gate Entertainment
Lions Gate Entertainment Price Performance
Insider Buying and Selling
In other Lions Gate Entertainment news, CEO Jon Feltheimer purchased 100,000 shares of Lions Gate Entertainment stock in a transaction that occurred on Thursday, March 7th. The shares were bought at an average price of $8.84 per share, for a total transaction of $884,000.00. Following the completion of the transaction, the chief executive officer now owns 2,088,988 shares of the company’s stock, valued at approximately $18,466,653.92. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
About Lions Gate Entertainment
Lions Gate Entertainment Corp. engages in the film, television, subscription, and location-based entertainment businesses in the United States, Canada, and internationally. The company operates through three segments: Motion Picture, Television Production, and Media Networks. The Motion Picture segment engages in the development and production of feature films; acquisition of North American and worldwide distribution rights; North American theatrical, home entertainment, and television distribution of feature films produced and acquired; and worldwide licensing of distribution rights to feature films produced and acquired.
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