Home Business AMC Networks sees significant institutional ownership with crowded trade risks By Investing.com

AMC Networks sees significant institutional ownership with crowded trade risks By Investing.com

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AMC Networks sees significant institutional ownership with crowded trade risks By Investing.com

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© Reuters.

NEW YORK – AMC Networks (NASDAQ:) Inc. (NASDAQ:AMCX) is under the spotlight with institutions holding a substantial 61% of the company’s shares. Notable among these are the Dolan Family Trust, which owns 27%, BlackRock (NYSE:), Inc. with an 11% stake, and The Vanguard Group, Inc. holding 8%. This level of institutional investment often signals confidence in a company’s future prospects within the investment community.

The company’s insider ownership stands at $15 million, indicating a certain degree of alignment between the company’s management and its shareholders. However, this insider stake also raises questions about board accountability and decision-making processes.

Furthermore, the general public holds a smaller portion of the equity at 10%, while private companies control a significant 27%. The involvement of private companies in AMC Networks’ ownership structure warrants further scrutiny to understand their influence and intentions.

While analyst forecasts and ownership analysis provide insights into AMC Networks’ potential trajectory, investors are advised to be mindful of the identified warning signs that may impact the company’s future performance.

InvestingPro Insights

Based on real-time data from InvestingPro, AMC Networks Inc. has a market cap of 624.18M USD. The company’s P/E ratio stands at -22.88, implying that the company has not been profitable over the last twelve months. However, the adjusted P/E ratio for the last twelve months as of Q3 2023 is 2.38, suggesting a potential turnaround in profitability.

As per InvestingPro Tips, AMCX has a high shareholder yield and its net income is expected to grow this year. This aligns with the strong return over the last three months, as indicated by the 19.42% 3-month price total return. However, it should be noted that 4 analysts have revised their earnings upwards for the upcoming period, indicating potential improvements in the company’s financial performance.

InvestingPro offers many more such valuable tips and insights. Currently, there are 11 additional tips listed for AMCX on InvestingPro. As part of the special Black Friday sale, a subscription to InvestingPro is now available at a discount of up to 55%, providing access to comprehensive data and expert tips that can help investors make informed decisions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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