Kodai Capital Management LP bought a new stake in Cinemark Holdings, Inc. (NYSE:CNK – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 283,495 shares of the company’s stock, valued at approximately $3,994,000. Several other hedge funds and other institutional investors have also modified their holdings of the business. Hsbc Holdings […]
Kodai Capital Management LP bought a new stake in Cinemark Holdings, Inc. (NYSE:CNK – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 283,495 shares of the company’s stock, valued at approximately $3,994,000. Kodai Capital Management LP owned approximately 0.23% of Cinemark at the […]
StockNews.com upgraded shares of Cinemark (NYSE:CNK – Free Report) from a sell rating to a hold rating in a research note issued to investors on Wednesday. A number of other equities research analysts have also recently issued reports on CNK. Wedbush reissued an outperform rating and issued a $23.00 target price on shares of Cinemark […]
On May 14, 2024, Third Point LLC, led by Daniel Loeb (Trades, Portfolio), made a significant addition to its investment portfolio by acquiring 2,000,000 shares of Cinemark Holdings Inc (NYSE:CNK). This transaction increased Third Point's total holdings in the company to 7,000,000 shares, marking a substantial investment in the entertainment sector. The shares were purchased at a price of $18.78 each, reflecting a strategic move by the firm amidst the evolving market dynamics.
Shares of Cinemark Holdings, Inc. (NYSE:CNK – Get Free Report) have been assigned an average recommendation of “Hold” from the nine analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have given a buy recommendation to […]