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.