Insider Purchase: Shyam Reddy Made a Purchase of 900 Shares of BlueLinx Holdings Inc. (BXC); Regal Entertainment Group (RGC) Sentiment Is 0.94

Regal Entertainment Group, together with its subsidiaries, operates as a motion picture exhibitor in the United States. The company has market cap of $3.60 billion. The firm develops, acquires, and operates multi-screen theatres primarily in mid-sized metropolitan markets and suburban growth areas of larger metropolitan markets. It has a 26.21 P/E ratio. It operates a theatre circuit under the brands of Regal Cinemas, United Artists, Edwards, Great Escape Theatres, and Hollywood Theaters.

900 shares of Bluelinx Holdings Inc were obtained by Shyam Reddy, the company’s Chief Administrative Officer. The mentioned shares are valued at approximately $30,600 which has been calculated on the basis of the average transactions stock price ($34.0 per share). Shyam Reddy now indirectly has in hand 0 shares. He also directly has in hand 11064 shares. In total he holds a stake of 0.12%. The date of investment was March 14, 2018, and it was disclosed in a SEC-filed document, which you can access here.

The stock increased 0.82% or $0.28 during the last trading session, reaching $34.34. About 1.45 million shares traded or 318.09% up from the average. BlueLinx Holdings Inc. (NYSE:BXC) has risen 34.71% since March 15, 2017 and is uptrending. It has outperformed by 18.01% the S&P500.

BlueLinx Holdings Inc., through its subsidiary, BlueLinx Corporation, distributes building and industrial products in North America. The company has market cap of $313.99 million. It distributes products in two principal categories, structural products and specialty products. It has a 5.04 P/E ratio. The company??s structural products include plywood, oriented strand board, rebar and remesh, lumber, and other wood products primarily used for structural support, walls, and floorings in construction projects.

Ratings analysis reveals 33% of Regal Entertainment’s analysts are positive. Out of 3 Wall Street analysts rating Regal Entertainment, 1 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $22.0 while the high is $26.0. The stock’s average target of $24 is 4.39% above today’s ($22.99) share price. RGC was included in 3 notes of analysts from August 24, 2016. On Wednesday, February 1 the stock rating was downgraded by Credit Suisse to “Underperform”. The rating was initiated by Loop Capital on Wednesday, August 24 with “Hold”. The rating was maintained by Wedbush on Friday, April 7 with “Outperform”.

Rivulet Capital Llc holds 5.91% of its portfolio in Regal Entertainment Group for 3.11 million shares. Hamlin Capital Management Llc owns 4.34 million shares or 2.81% of their US portfolio. Moreover, New Mountain Vantage Advisers L.L.C. has 2.23% invested in the company for 1.82 million shares. The Illinois-based Coe Capital Management Llc has invested 1.95% in the stock. Polaris Capital Management Llc, a Massachusetts-based fund reported 1.78 million shares.

The stock increased 0.09% or $0.02 during the last trading session, reaching $22.99. About 4.49M shares traded or 15.85% up from the average. Regal Entertainment Group (RGC) has declined 1.35% since March 15, 2017 and is downtrending. It has underperformed by 18.05% the S&P500.