Msg Networks Inc. (MSGN) Files Form 4 Insider Buying : Kathleen Margaret Dolan Buys 47,864 Shares

Msg Networks Inc. (MSGN): Kathleen Margaret Dolan , other of Msg Networks Inc. purchased 47,864 shares on Sep 12, 2016. The Insider buying transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $16.80 per share for a total value of $804,115.19 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 2, 2016, James Lawrence Dolan (Executive Chairman) sold 66,000 shares at $16.53 per share price.On Nov 13, 2015, Marianne Dolan Weber (other) sold 16,000 shares at $20.89 per share price.

Company has been under the radar of several Street Analysts.MSG Networks Inc is Initiated by Loop Capital to Hold. The Rating was issued on Aug 9, 2016.

MSG Networks Inc. formerly The Madison Square Garden Company is engaged in sports entertainment and media business. The Company’s businesses include MSG Sports and MSG Entertainment. MSG Sports business includes sports business which owns and operates the sports franchises such as the New York Knicks (the Knicks) of the National Basketball Association (the NBA) and the New York Rangers (the Rangers) of the National Hockey League (the NHL). MSG Entertainment business includes entertainment business which presents or hosts live entertainment events including concerts family shows performing arts and special events. In addition the Company also owns and operates regional sports networks under its MSG Media business including MSG Network (MSG) and MSG+; in addition to the live streaming and video on demand platform MSG GO.

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