FNY Investment Advisers LLC Grows Stake in AMC Entertainment Holdings, Inc. (NYSE:APE)

FNY Investment Advisers LLC increased its stake in AMC Entertainment Holdings, Inc. (NYSE:APE) by 148.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,003,130 shares of the company’s stock after acquiring an additional 599,430 shares during the period. AMC Entertainment makes up approximately 2.2% of FNY Investment Advisers LLC’s investment portfolio, making the stock its 12th biggest position. FNY Investment Advisers LLC’s holdings in AMC Entertainment were worth $1,745,000 as of its most recent SEC filing.

Separately, SkyView Investment Advisors LLC purchased a new position in shares of AMC Entertainment during the first quarter valued at approximately $32,000.

AMC Entertainment Stock Down 17.9 %

Shares of NYSE:APE traded down $0.31 during trading hours on Friday, hitting $1.42. 135,869,200 shares of the company’s stock traded hands, compared to its average volume of 23,195,367. AMC Entertainment Holdings, Inc. has a 1 year low of $0.65 and a 1 year high of $7.07. The business has a fifty day moving average price of $1.73 and a 200-day moving average price of $1.64.

Insider Buying and Selling at AMC Entertainment

In other AMC Entertainment news, major shareholder Antara Capital Lp sold 2,121,511 shares of the business’s stock in a transaction that occurred on Tuesday, June 20th. The stock was sold at an average price of $1.72, for a total transaction of $3,648,998.92. Following the completion of the transaction, the insider now owns 120,325,688 shares in the company, valued at $206,960,183.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 20,053,028 shares of company stock worth $35,796,446 over the last 90 days.

About AMC Entertainment

AMC Entertainment Holdings, Inc, through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. AMC Entertainment Holdings, Inc was founded in 1920 and is headquartered in Leawood, Kansas.