Madison Square Garden Entertainment Corp (NYSE: MSGE) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Madison Square Garden Entertainment Corp is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Leisure industry. The current market capitalization of Madison Square Garden Entertainment Corp is $1.71B. A total of 0.51 million shares were traded on the day, compared to an average of 387.68K shares.

In the most recent transaction, D’Ambrosio Philip Gerard sold 6,000 shares of MSGE for 42.43 per share on Sep 30 ’24. After the transaction, the EVP and Treasurer now owns 12,192 company shares. In a previous transaction on Sep 30 ’24, D’Ambrosio Philip Gerard bought 6,000 shares at 42.43 per share.

Among the insiders who bought shares, SALERNO FREDERIC V acquired of 5,000 shares on Aug 20 ’24 at a per-share price of $41.25. This resulted in the Director holding 17,348 shares of MSGE after the transaction. In another insider transaction, DOLAN JAMES LAWRENCE sold 37,000 shares at $38.10 per share on Mar 06 ’24. Company shares held by the Executive Chairman / CEO now total 155,143.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, MSGE has a high of $44.14 and a low of $30.10.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MSGE’s latest balance sheet shows that the firm has $58.10M in Cash & Short Term Investments as of fiscal 2022. There were $956.79M in debt and $545.09M in liabilities at the time. Its Book Value Per Share was -$0.92, while its Total Shareholder’s Equity was -$1.59M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MSGE is Buy with a score of 4.25.

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