Lions Gate Entertainment Corp. (NYSE:LGF-A) Director Buys $1,641,899.90 in Stock

Lions Gate Entertainment Corp. (NYSE:LGF-AGet Rating) Director Mark H. Md Rachesky purchased 236,585 shares of the business’s stock in a transaction that occurred on Wednesday, November 16th. The stock was acquired at an average price of $6.94 per share, for a total transaction of $1,641,899.90. Following the acquisition, the director now owns 3,479,132 shares in the company, valued at approximately $24,145,176.08. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Lions Gate Entertainment Stock Performance

Lions Gate Entertainment stock opened at $6.83 on Friday. The stock has a 50 day moving average of $8.11 and a 200 day moving average of $9.14.

Analyst Ratings Changes

Separately, Wolfe Research downgraded shares of Lions Gate Entertainment from an “outperform” rating to a “peer perform” rating in a report on Wednesday, September 7th.

Lions Gate Entertainment Company Profile

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Lions Gate Entertainment Corp. engages in the film, television, subscription, and location-based entertainment businesses in the United States, Canada, and internationally. It operates through three segments: Motion Picture, Television Production, and Media Networks. The Motion Picture segment engages in the development and production of feature films; acquisition of North American and worldwide distribution rights; North American theatrical, home entertainment, and television distribution of feature films produced and acquired; and worldwide licensing of distribution rights to feature films produced and acquired.

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Insider Buying and Selling by Quarter for Lions Gate Entertainment (NYSE:LGF-A)

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