International Speedway Corp (ISCA) Files Form 4 Insider Selling : John R Saunders Sells 3,000 Shares

International Speedway Corp (ISCA): John R Saunders , COO, Executive VP of International Speedway Corp sold 3,000 shares on Apr 12, 2016. The Insider selling transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were sold at $34.91 per share for a total value of $104,727.30 according the SEC Form 4 Filing.

Currently the company Insiders own 40.06% of International Speedway Corp shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 0.08%.Institutional Investors own 53.23% of International Speedway Corp shares.During last six month period, the net percent change held by insiders has seen a change of 0.12%.

International Speedway Corp: On Monday, Apr 11, 2016 heightened volatility was witnessed in International Speedway Corp which led to swings in the share price. The shares opened for trading at $34.78 and hit $35.06 on the upside , eventually ending the session at $34.86, with a gain of 0.75% or 0.26 points. The heightened volatility saw the trading volume jump to 1,42,945 shares. The 52-week high of the share price is $38.27 and the company has a market cap of $1,620 M . The 52-week low of the share price is at $28.96.

International Speedway Corp Money Flow Index Chart

International Speedway Corporation is an owner of motorsports entertainment facilities and promoter of motorsports themed entertainment activities. The Company’s business is a motorsports themed amusement enterprise furnishing amusement in the form of motorsports themed entertainment. Its motorsports themed event operations consist principally of racing events at its major motorsports entertainment facilities which include providing catering and food and beverage concessions at its motorsports entertainment facilities. The Company owns and/or operates approximately 13 motorsports entertainment facilities. It owns Americrown Service Corporation and also owns and operates the Motor Racing Network Inc. The Company also uses its motorsports entertainment facilities for testing for teams driving schools riding experiences car shows auto fairs concerts and settings for television commercials print advertisements and motion pictures. It also rents show cars for promotional events.

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