Scripps Networks Interactive, Inc. (SNI) Files Form 4 Insider Selling : Mark S Hale Sells 8,118 Shares

Scripps Networks Interactive, Inc. (SNI): Mark S Hale , EVP, Global Operations & CTO of Scripps Networks Interactive, Inc. sold 8,118 shares on May 13, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $64.65 per share for a total value of $524,843.31 , 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 11, 2016, Gerald J. Scripps (10% owner) sold 20,513 shares at $66.14 per share price.On Mar 9, 2016, Adam R Scripps (10% owner) sold 500,000 shares at $63.51 per share price.Also, On Mar 7, 2016, Richelle P Parham (director) sold 2,254 shares at $60.05 per share price.On Mar 3, 2016, Of Robert P. Scripps, J Estate (10% owner) sold 400,000 shares at $60.92 per share price.

Shares of Scripps Networks Interactive (SNI) ended Monday, May 16, 2016 session in red amid volatile trading. The shares closed down -0.41 points or -0.63% at $64.26 with 7,21,784 shares getting traded. Post opening the session at $64.69, the shares hit an intraday low of $64.0605 and an intraday high of $64.77 and the price vacillated in this range throughout the day. The company has a market cap of $8,287 M and the number of outstanding shares has been calculated to be 12,89,55,450 shares. The 52-week high of Scripps Networks Interactive is $68.85 and the 52-week low is $47.62.

Scripps Networks Interactive Money Flow Index Chart

Company has been under the radar of several Street Analysts.Scripps Networks Interactive is Reiterated by MKM Partners to Neutral and the brokerage firm has raised the Price Target to $ 69 from a previous price target of $64 .The Rating was issued on May 6, 2016.Scripps Networks Interactive is Resumed by Macquarie to Neutral. The Rating was issued on Apr 26, 2016.Scripps Networks Interactive is Initiated by RBC Capital Mkts to Sector Perform and the brokerage firm has set the Price Target at $70. The Rating was issued on Apr 8, 2016.

Scripps Networks Interactive Inc. (SNI) is a developer of lifestyle-oriented content for linear and interactive video platforms including television and the Internet brands. The Company manages its operations through its Lifestyle Media segment. Lifestyle Media includes its six national television networks HGTV Food Network Travel Channel DIY Network Cooking Channel and Great American Country. HGTV focuses on decorating interior design home remodeling landscape design and real estate topics. Food Network programming content includes food-related topics. Travel Channel is a travel multi-media brand. DIY Network provides entertaining and informational programming content. Cooking Channel programming focuses on food information and instructional cooking. Great American Country offers the country music experience music performance specials live concerts and country music videos.

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