Central European Media Enterprises Ltd (CETV) Files Form 4 Insider Selling : Daniel Penn Sells 46 Shares

Central European Media Enterprises Ltd (CETV): Daniel Penn , EVP, General Counsel of Central European Media Enterprises Ltd sold 46 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were sold at $2.43 per share for a total value of $111.78 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 10, 2016, Daniel Penn (EVP, General Counsel) sold 46 shares at $2.43 per share price.On Jun 18, 2015, Christoph Mainusch (co-Chief Executive Officer) sold 20,483 shares at $2.20 per share price.Also, On Jun 11, 2015, Parm Sandhu (director) purchased 43,906 shares at $2.30 per share price.On Mar 20, 2015, Nin Michael Del (co-Chief Executive Officer) sold 7,126 shares at $2.66 per share price.

Shares of Central European Media Enterprises Ltd. (CETV) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.17 points or -6.46% at $2.46 with 1,97,942 shares getting traded. Post opening the session at $2.58, the shares hit an intraday low of $2.41 and an intraday high of $2.63 and the price vacillated in this range throughout the day. The company has a market cap of $334 M and the number of outstanding shares has been calculated to be 13,58,99,780 shares. The 52-week high of Central European Media Enterprises Ltd. is $2.96 and the 52-week low is $1.84.

Central European Media Enterprises Ltd. Money Flow Index Chart

Central European Media Enterprises Ltd. is a media and entertainment company. The Company manages its business in six operating segments: Bulgaria Croatia the Czech Republic Romania the Slovak Republic and Slovenia. It broadcasts around 33 television channels which include BTV CINEMA BTV COMEDY RING.BG NOVA WORLD and MINI TV ACASA PRO CINEMA SPORT.RO MTV ROMANIA PRO TV INTERNATIONAL PRO TV CHISINAU and BTV LADY among others. Its programs consist of news current affairs fiction and reality and entertainment shows as well as acquired foreign movies series and sports programming. Its entertainment television channels in each country are distributed on a free-to-air basis terrestrially in analog digital or both depending on the digitalization status in each country and are also distributed via cable and satellite. It offers viewers the choice of watching television content through a series of portals including through Voyo and catch-up services on its Websites.

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