CEO Sean Gamble sold 127,672 shares of CNK at $34.85 (Dec 6); holds 655,104 shares post-sale. Stock near 52-week high.
Sean Gamble, CEO of Cinemark Holdings, sold 127,672 shares at $34.85 on 2024-12-06, reducing his stake by 16.3% from 782,776 to 655,104 shares. The transaction price of $34.85 is near the 52-week high of $36.02, with the stock currently at $33.61. The company's fundamentals are solid: revenue of $921,800,000 with net income of $187,800,000, annual revenue growth of +24.9%, and a P/E of 6.20. The sale occurred while the stock was within 6.7% of its 52-week high and up 19.1% over 90 days, suggesting the CEO executed a material reduction of personal holdings at an elevated price point relative to recent trading history.