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

Reading International, Inc. (NASDAQ:RDI) insider James J. Cotter Living Trust sold 2,500 shares of the firm’s stock in a transaction 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 completion of the transaction, the insider now owns 823,032 shares of the company’s stock, valued at approximately $8,271,471.60. The sale was disclosed in a document filed with the SEC, 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 RDI stock opened at $9.95 on Friday. The firm has a market capitalization of $219.74 million, a price-to-earnings ratio of 38.27 and a beta of 1.02. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.17 and a quick ratio of 0.17. The business has a fifty day moving average of $10.65 and a 200 day moving average of $11.45. Reading International, Inc. has a 1 year low of $9.88 and a 1 year high of $16.55.

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

Hedge funds have recently modified their holdings of the stock. Eidelman Virant Capital grew its position in Reading International by 24.7% during the 4th quarter. Eidelman Virant Capital now owns 554,043 shares of the company’s stock worth $6,200,000 after purchasing an additional 109,843 shares during the period. Yacktman Asset Management LP grew its position in Reading International by 39.5% during the 4th quarter. Yacktman Asset Management LP now owns 318,000 shares of the company’s stock worth $3,558,000 after purchasing an additional 90,000 shares during the period. Goldman Sachs Group Inc. grew its position in Reading International by 31.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 69,679 shares of the company’s stock worth $780,000 after purchasing an additional 16,491 shares during the period. Parametric Portfolio Associates LLC acquired a new stake in Reading International during the 2nd quarter worth about $145,000. Finally, Barclays PLC grew its position in Reading International by 94.6% during the 4th quarter. Barclays PLC now owns 16,644 shares of the company’s stock worth $186,000 after purchasing an additional 8,090 shares during the period. Institutional investors own 42.66% of the company’s stock.

About Reading International

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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