TheGridNet
The Madison Grid Madison

Vanguard Group Inc. Sells 1,880,509 Shares of Madison Square Garden Entertainment Corp. (NYSE:MSGE)

Vanguard Group Inc. trimmed its stake in shares of Madison Square Garden Entertainment Corp. (NYSE:MSGE – Free Report) by 32.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,985,425 shares of the company’s stock after selling 1,880,509 shares during the quarter. Vanguard Group […] Vanguard Group Inc. has sold a total of 1,880,509 shares of Madison Square Garden Entertainment Corp. (NYSE:MSGE) during the third quarter, according to its most recent 13F filing. The firm owned 3,985,425 shares of the company’s stock, which was sold for approximately $131,160,000. Vanguard Group also owned 9.70% of the stock. Other hedge funds and other institutional investors have also made changes to their positions in the company. CEO James Lawrence Dolan sold 28,796 shares of stock in a transaction on Wednesday, valued at $11,016,712.

Vanguard Group Inc. Sells 1,880,509 Shares of Madison Square Garden Entertainment Corp. (NYSE:MSGE)

公開済み : 一ヶ月前 沿って Defense World StaffFinance

Vanguard Group Inc. trimmed its stake in shares of Madison Square Garden Entertainment Corp. (NYSE:MSGE – Free Report) by 32.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,985,425 shares of the company’s stock after selling 1,880,509 shares during the quarter. Vanguard Group Inc. owned 9.70% of Madison Square Garden Entertainment worth $131,160,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Graham Capital Management L.P. bought a new stake in shares of Madison Square Garden Entertainment during the 3rd quarter valued at $272,000. Walleye Capital LLC raised its holdings in shares of Madison Square Garden Entertainment by 11.2% in the 3rd quarter. Walleye Capital LLC now owns 536,644 shares of the company’s stock valued at $17,661,000 after acquiring an additional 53,967 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Madison Square Garden Entertainment by 686.0% in the 3rd quarter. Sei Investments Co. now owns 48,491 shares of the company’s stock valued at $1,596,000 after acquiring an additional 42,322 shares in the last quarter. Jericho Capital Asset Management L.P. purchased a new stake in shares of Madison Square Garden Entertainment in the 3rd quarter valued at about $62,652,000. Finally, Kettle Hill Capital Management LLC raised its holdings in shares of Madison Square Garden Entertainment by 228.5% in the 3rd quarter. Kettle Hill Capital Management LLC now owns 192,500 shares of the company’s stock valued at $6,335,000 after acquiring an additional 133,899 shares in the last quarter. 96.86% of the stock is currently owned by institutional investors.

NYSE:MSGE opened at $39.69 on Wednesday. The business’s 50-day moving average price is $37.08 and its two-hundred day moving average price is $33.39. Madison Square Garden Entertainment Corp. has a twelve month low of $27.55 and a twelve month high of $40.81. The stock has a market cap of $1.63 billion and a P/E ratio of 25.77.

In other news, CEO James Lawrence Dolan sold 28,796 shares of the stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $37.71, for a total transaction of $1,085,897.16. Following the transaction, the chief executive officer now directly owns 292,143 shares in the company, valued at approximately $11,016,712.53. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 190,080 shares of company stock valued at $7,221,633 in the last 90 days. Corporate insiders own 18.72% of the company’s stock.

Madison Square Garden Entertainment Corp. engages in live entertainment business. The company produces, presents, and hosts live entertainment events, including concerts, sports events, and other live events, such as family shows, performing arts events, and special events. Its operations include a collection of venues, the entertainment and sports bookings business, and the Christmas Spectacular Starring the Radio City Rockettes production.

• Five stocks we like better than Madison Square Garden Entertainment

• How to Invest in Tech Stocks and Top Tech Stocks to Consider

• Low Interest Rates Can Help These Commercial Banks Rally Higher

• Tesla Stock Drops on Weak Delivery Numbers and it May Fall More

• 2 Fintech Stocks to Buy Now and 1 to Avoid

• PVH Stock Gets 25% Discount: Is Now the Time to Buy?

Want to see what other hedge funds are holding MSGE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Madison Square Garden Entertainment Corp. (NYSE:MSGE – Free Report).

Receive News & Ratings for Madison Square Garden Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Madison Square Garden Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.


トピック: Markets

Read at original source