Ronnie Ng Sells 19,000 Shares of NCMI
NCMI's CFO Ronnie Ng sold 19,000 shares in a planned transaction on June 22.
Key Points
- Ronnie Ng, CFO of NCMI, sold 19,000 shares at $3.42 each, totaling $64,980, on June 22, 2026.
- Shares of NCMI traded near $3.55 on Friday with notable institutional activity from funds like Orbis Allan Gray and Vanguard Capital.
- Analysts from firms like Wedbush and Barrington Research maintain a 'buy' rating, with price targets as high as $6.5.
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Ronnie Ng, the Chief Financial Officer of NCMI, sold 19,000 shares of the company in a planned transaction on June 22, 2026. The shares were sold at an average price of $3.42 each, bringing the total transaction value to $64,980. This sale was executed under a prearranged trading plan.
Other Institutional Activity in NCMI
BLANTYRE CAPITAL LTD maintained its position in NCMI with 27,144,639 shares valued at about $82.79 million. ORBIS ALLAN GRAY LTD reduced its holdings by 385,847 shares, now holding 9,138,042 shares worth approximately $27.87 million, marking a 4.1% decrease. HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC increased its stake by 1,959,940 shares to a total of 7,897,853 shares valued at $24.09 million, reflecting a 33.0% increase. BLACKROCK, INC. trimmed its position by 64,707 shares, now holding 5,348,946 shares worth around $16.31 million, a 1.2% decrease. VANGUARD CAPITAL MANAGEMENT LLC opened a new position with 3,228,371 shares valued at $9.85 million.
National CineMedia, Inc. Stock Up 36.5%
Shares of NCMI traded near $3.55 on Friday. The stock has seen various institutional movements, with significant activity from funds like HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC and VANGUARD CAPITAL MANAGEMENT LLC. The market's attention remains on how these changes might influence the company's future performance.
$NCMI stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at National CineMedia, Inc.
Ronnie Ng, the CFO, sold 19,000 shares on June 22, 2026, at $3.42 each in a planned transaction. Additionally, on May 7, 2026, insiders including David Edward Glazek, Joe Marchese, Juliana Hill, Nicholas Bell, and Campbell Kotzman Kelly each purchased 32,346 shares, although these transactions were not part of planned trades.
Analysts Set New Price Targets
Analysts remain optimistic about NCMI's prospects. On May 12, 2026, Wedbush maintained a 'buy' rating with a price target of $6.00. Barrington Research also maintained a 'buy' rating with a target of $5.50 on January 26, 2026. B. Riley Securities kept a 'hold' rating with a $4.00 target on January 22, 2026. Benchmark continued its 'buy' rating with a $6.00 target on January 7, 2026.
Bottom Line
Ronnie Ng's recent share sale is part of a planned transaction and may not reflect his outlook on NCMI's future. Institutional investors such as HOTCHKIS & WILEY and VANGUARD CAPITAL have shown varying levels of confidence, with some increasing and others reducing their stakes. Analysts are generally positive on NCMI, maintaining 'buy' ratings and setting targets that suggest potential upside. Investors will continue to watch these developments closely, though it's important to remember that insider transactions and 13F filings are backward-looking.
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