Clear Harbor Asset Management LLC Has Decreased Its Amc Networks INC (AMCX) Position by $3.32 Million; Share Price Rose

AMC Networks Inc. (NASDAQ:AMCX) LogoInvestors sentiment decreased to 0.68 in Q2 2018. Its down 0.08, from 0.76 in 2018Q1. It dived, as 37 investors sold AMCX shares while 127 reduced holdings. 56 funds opened positions while 56 raised stakes. 47.59 million shares or 3.99% less from 49.56 million shares in 2018Q1 were reported. Great West Life Assurance Company Can reported 27,748 shares stake. Hikari Power Ltd holds 0.03% or 5,080 shares in its portfolio. Moreover, Hsbc Public Limited Com has 0% invested in AMC Networks Inc. (NASDAQ:AMCX). Blackrock stated it has 0.01% of its portfolio in AMC Networks Inc. (NASDAQ:AMCX). S Muoio And Company Lc reported 3.53% stake. Alliancebernstein Limited Partnership holds 0% or 34,166 shares. Baystate Wealth Mngmt Ltd Llc holds 10 shares or 0% of its portfolio. California State Teachers Retirement Sys holds 0.01% or 68,210 shares in its portfolio. Missouri-based Moneta Investment Advisors Ltd Limited Liability Company has invested 0% in AMC Networks Inc. (NASDAQ:AMCX). Proshare Advsr Lc invested in 0% or 4,223 shares. Lsv Asset Mgmt reported 2.04 million shares. Fifth Third National Bank & Trust has invested 0% of its portfolio in AMC Networks Inc. (NASDAQ:AMCX). Fmr Limited Liability Com reported 0.01% in AMC Networks Inc. (NASDAQ:AMCX). Sageworth Tru accumulated 0% or 250 shares. Mutual Of America Cap Ltd Llc accumulated 40,191 shares or 0.04% of the stock.

Since June 18, 2018, it had 0 insider purchases, and 2 selling transactions for $934,747 activity. Another trade for 2,300 shares valued at $154,123 was made by Gallagher James on Monday, June 18.

Clear Harbor Asset Management Llc decreased its stake in Amc Networks Inc (AMCX) by 67.6% based on its latest 2018Q2 regulatory filing with the SEC. Clear Harbor Asset Management Llc sold 53,540 shares as the company’s stock rose 1.26% with the market. The institutional investor held 25,660 shares of the television services company at the end of 2018Q2, valued at $1.60M, down from 79,200 at the end of the previous reported quarter. Clear Harbor Asset Management Llc who had been investing in Amc Networks Inc for a number of months, seems to be less bullish one the $3.24 billion market cap company. The stock increased 0.40% or $0.23 during the last trading session, reaching $57.29. About 422,895 shares traded. AMC Networks Inc. (NASDAQ:AMCX) has risen 13.87% since December 6, 2017 and is uptrending. It has underperformed by 1.75% the S&P500.

Analysts await AMC Networks Inc. (NASDAQ:AMCX) to report earnings on March, 7. They expect $1.86 earnings per share, up 10.71 % or $0.18 from last year’s $1.68 per share. AMCX’s profit will be $105.16 million for 7.70 P/E if the $1.86 EPS becomes a reality. After $2.15 actual earnings per share reported by AMC Networks Inc. for the previous quarter, Wall Street now forecasts -13.49 % negative EPS growth.

More notable recent AMC Networks Inc. (NASDAQ:AMCX) news were published by: Seekingalpha.com which released: “AMC Networks Remains Cheap Enough To Wait – Seeking Alpha” on April 05, 2018, also Nasdaq.com with their article: “Is AMC Networks (AMCX) a Great Stock for Value Investors? – Nasdaq” published on August 16, 2018, Seekingalpha.com published: “AMC Networks -9.5% as ‘Walking Dead’ shambles, Goldman trims – Seeking Alpha” on October 24, 2018. More interesting news about AMC Networks Inc. (NASDAQ:AMCX) were released by: Benzinga.com and their article: “Imperial Capital: Despite Stock Momentum In 2018, AMC Networks (NASDAQ:AMCX) Isn’t A Buy – Benzinga” published on July 19, 2018 as well as Seekingalpha.com‘s news article titled: “AMC Networks: An Overlooked Original Content Provider – Seeking Alpha” with publication date: August 09, 2018.

AMC Networks Inc. (NASDAQ:AMCX) Ratings Coverage

Among 5 analysts covering AMC Networks (NASDAQ:AMCX), 0 have Buy rating, 2 Sell and 3 Hold. Therefore 0 are positive. AMC Networks had 6 analyst reports since June 21, 2018 according to SRatingsIntel. The stock has “Underperform” rating by Bernstein on Thursday, June 21. Goldman Sachs downgraded the shares of AMCX in report on Tuesday, June 26 to “Hold” rating. The rating was maintained by Deutsche Bank with “Hold” on Monday, November 5. The firm has “Neutral” rating given on Friday, November 2 by JP Morgan. The firm earned “Sell” rating on Thursday, October 4 by Goldman Sachs.

AMC Networks Inc. (NASDAQ:AMCX) Ratings Chart

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