Marcus Corp (MCS) Files Form 4 Insider Selling : Philip L Milstein Sells 33,500 Shares

Marcus Corp (MCS): Philip L Milstein , director of Marcus Corp sold 33,500 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $20.15 per share for a total value of $675,155.62 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Oct 19, 2015, Thomas F Kissinger (Sr Exec VP, Gen Counsel & Secy) sold 5,000 shares at $20.47 per share price.On Mar 26, 2015, Douglas A Neis (CFO and Treasurer) sold 4,000 shares at $20.81 per share price.

Marcus Corp: On Tuesday, May 10, 2016 heightened volatility was witnessed in Marcus Corp which led to swings in the share price. The shares opened for trading at $19.79 and hit $20.35 on the upside , eventually ending the session at $20.17, with a gain of 1.92% or 0.38 points. The heightened volatility saw the trading volume jump to 70,969 shares. The 52-week high of the share price is $21.18 and the company has a market cap of $553 M . The 52-week low of the share price is at $17.44.

Marcus Corp Money Flow Index Chart

The Marcus Corporation owns and operates movie theatres and hotels and resorts. The Company operates through two business segments: movie theatres and hotels and resorts. Its theatre operations include around 55 movie theatres with around 681 screens throughout Wisconsin Illinois Iowa Minnesota Nebraska North Dakota and Ohio including two movie theatres with 11 screens in Wisconsin and Nebraska owned by third parties and managed by it. It also operates a family entertainment center Funset Boulevard. Its hotels and resorts operations include owned and operated hotels and resorts which include the Pfister Hotel the Hilton Milwaukee City Center Hilton Madison at Monona Terrace the Grand Geneva Resort & Spa Hotel Phillips InterContinental Milwaukee Skirvin Hilton AC Hotel Chicago Downtown and the Cornhusker a Marriott Hotel. The Company’s owned and operated hotels and resorts are located in Wisconsin Illinois Missouri Nebraska and Oklahoma.

Leave a Reply

Marcus Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Marcus Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.