Regal Entertainment Group (RGC) Files Form 4 Insider Selling : Gregory W Dunn Sells 25,000 Shares

Regal Entertainment Group (RGC): Gregory W Dunn , President and COO of Regal Entertainment Group sold 25,000 shares on Jun 15, 2016. The Insider selling transaction was reported by the company on Jun 17, 2016 to the Securities and Exchange Commission. The shares were sold at $20.28 per share for a total value of $507,000.00 , 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 16, 2016, Amy E Miles (CEO) sold 103,201 shares at $21.02 per share price.On May 20, 2015, Gregory W Dunn (President and COO) sold 19,000 shares at $21.40 per share price.Also, On Apr 13, 2015, Nestor R Jr Weigand (director) purchased 88 shares at $22.54 per share price.On Feb 19, 2015, Alex Yemenidjian (director) sold 58,475 shares at $23.37 per share price.

Regal Entertainment Group: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in Regal Entertainment Group which led to swings in the share price. The shares opened for trading at $19.96 and hit $20.46 on the upside , eventually ending the session at $20.28, with a gain of 2.74% or 0.54 points. The heightened volatility saw the trading volume jump to 20,57,254 shares. The 52-week high of the share price is $21.98 and the company has a market cap of $3,180 M . The 52-week low of the share price is at $16.5.

Regal Entertainment Group Money Flow Index Chart

Company has been under the radar of several Street Analysts.Regal Entertainment Group is Upgraded by RBC Capital Mkts to Outperform and the brokerage firm has set the Price Target at $23. Earlier the firm had a rating of Sector Perform on the company shares. The Rating was issued on Jun 15, 2016.Regal Entertainment Group is Reiterated by Topeka Capital Markets to Hold and the brokerage firm has raised the Price Target to $ 21 from a previous price target of $20 .The Rating was issued on Apr 29, 2016.Regal Entertainment Group is Reiterated by MKM Partners to Neutral and the brokerage firm has raised the Price Target to $ 20 from a previous price target of $19 .The Rating was issued on Apr 29, 2016.Regal Entertainment Group is Reiterated by MKM Partners to Neutral and the brokerage firm has raised the Price Target to $ 19 from a previous price target of $18 .The Rating was issued on Apr 25, 2016.Regal Entertainment Group is Reiterated by The Benchmark Company to Buy and the brokerage firm has raised the Price Target to $ 24.36 from a previous price target of $23.41 .The Rating was issued on Apr 21, 2016.

Regal Entertainment Group (Regal) operates a theatre circuit in the United States. The Company’s theatre circuit consists of around 7367 screens in 574 theatres in 42 states along with Guam Saipan American Samoa and the District of Columbia. It operates multi-screen theatres and has an average of around 12.8 screens per location. The Company develops acquires and operates multi-screen theatres in mid-sized metropolitan markets and suburban growth areas of metropolitan markets throughout the United States. The Company is the parent company of Regal Entertainment Holdings Inc. (REH) which is the parent company of Regal Cinemas Corporation (Regal Cinemas) and its subsidiaries that include Regal Cinemas Inc. (RCI) Edwards Theatres Inc. (Edwards) Regal CineMedia Corporation (RCM) and United Arti

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Regal Entertainment Group - Is it time to Sell?

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