Madison Square Garden Co (MSG): F. Dolan Children Trus Charles , other of Madison Square Garden Co sold 15,954 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $182.96 per share for a total value of $2,918,943.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 13, 2015, Marianne Dolan Weber (other) sold 333 shares at $174.84 per share price.On Nov 13, 2015, Vincent Tese (director) sold 2,500 shares at $174.22 per share price.Also, On Sep 8, 2015, Wilton J. Jr. Hildenbrand (director) sold 2,944 shares at $71.93 per share price.On Aug 26, 2015, Richard D Parsons (director) sold 5,050 shares at $69.52 per share price.
Shares of Madison Square Garden Co (MSG) ended Monday, Sep 12, 2016 session in red amid volatile trading. The shares closed down -1.88 points or -1.07% at $173.18 with 99,667 shares getting traded. Post opening the session at $174.38, the shares hit an intraday low of $172.6 and an intraday high of $174.38 and the price vacillated in this range throughout the day. The company has a market cap of $4,168 M and the number of outstanding shares has been calculated to be 24,069,010 shares. The 52-week high of Madison Square Garden Co is $188.8 and the 52-week low is $139.1001.
Company has been under the radar of several Street Analysts.Madison Square Garden Co is Downgraded by Jefferies to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Aug 22, 2016.Madison Square Garden Co is Initiated by Loop Capital to Buy. The Rating was issued on Aug 9, 2016.
The Madison Square Garden Company formerly MSG Spinco Inc. is engaged in sports and entertainment business. The Company operates through two segments: MSG Sports and MSG Entertainment. MSG Sports segment includes sports business which owns and operates the sports franchises such as the New York Knicks (the Knicks) of the National Basketball Association (the NBA) and the New York Rangers (the Rangers) of the National Hockey League (the NHL). In addition MSG Sports promotes produces and presents an array of other live sporting events including professional boxing college basketball professional bull riding and tennis. MSG Entertainment includes entertainment business which presents or hosts live entertainment events including concerts family shows performing arts and special events. Those venues include The Garden The Theater at Madison Square Garden Radio City Music Hall and the Beacon Theatre. MSG Entertainment also creates produces and presents live productions.