James J. Cotter Living Trust Sells 2,500 Shares of Reading International, Inc. (NASDAQ:RDI) Stock

Reading International, Inc. (NASDAQ:RDI) insider James J. Cotter Living Trust sold 2,500 shares of the firm’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $9.92, for a total value of $24,800.00. Following the completion of the transaction, the insider now owns 823,032 shares of the company’s stock, valued at approximately $8,164,477.44. The sale was disclosed in a document filed with the SEC, which is available through this link.

James J. Cotter Living Trust also recently made the following trade(s):

  • On Wednesday, February 12th, James J. Cotter Living Trust sold 2,500 shares of Reading International stock. The stock was sold at an average price of $10.05, for a total value of $25,125.00.
  • On Monday, February 10th, James J. Cotter Living Trust sold 2,500 shares of Reading International stock. The shares were sold at an average price of $10.05, for a total value of $25,125.00.
  • On Thursday, February 6th, James J. Cotter Living Trust sold 2,500 shares of Reading International stock. The shares were sold at an average price of $10.36, for a total value of $25,900.00.

RDI stock opened at $9.95 on Friday. The company has a market cap of $220.84 million, a price-to-earnings ratio of 38.46 and a beta of 1.02. Reading International, Inc. has a twelve month low of $9.88 and a twelve month high of $16.55. The business has a 50 day moving average price of $10.65 and a two-hundred day moving average price of $11.45. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 2.25.

Reading International (NASDAQ:RDI) last announced its quarterly earnings data on Wednesday, November 13th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.08). The company had revenue of $70.46 million for the quarter. Reading International had a return on equity of 3.52% and a net margin of 2.18%.

Large investors have recently added to or reduced their stakes in the stock. Group One Trading L.P. increased its position in Reading International by 218.3% during the fourth quarter. Group One Trading L.P. now owns 3,527 shares of the company’s stock worth $39,000 after buying an additional 2,419 shares during the last quarter. Citigroup Inc. raised its stake in Reading International by 57.3% in the fourth quarter. Citigroup Inc. now owns 3,639 shares of the company’s stock valued at $41,000 after buying an additional 1,325 shares during the period. Parametric Portfolio Associates LLC bought a new stake in Reading International in the second quarter valued at approximately $145,000. Barclays PLC lifted its position in shares of Reading International by 94.6% in the fourth quarter. Barclays PLC now owns 16,644 shares of the company’s stock valued at $186,000 after buying an additional 8,090 shares during the last quarter. Finally, UBS Group AG lifted its position in shares of Reading International by 65.2% in the fourth quarter. UBS Group AG now owns 20,189 shares of the company’s stock valued at $226,000 after buying an additional 7,965 shares during the last quarter. 42.66% of the stock is owned by institutional investors and hedge funds.

About Reading International

Reading International, Inc engages in the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. The company operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates multiplex cinemas.

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