November 28, 2016 - By Louis Casey
Mr. Two Carl, the current major shareholder at International Speedway Corp has lately been involved with a broker trade of 45 shares of the ‘s company, valued at $37.4 per share. The transaction was for a total value of of $1,684 U.S. Dollars. He also obtained 53 shares worth $1,948 USD in the last month. Two Carl today has rights to 1.49 million shares which are equivalent to roughly 10%+ of the Florida-Company’s market capitalization. A document freely accessible here unveiled this acquisition activity. It was unveiled on 28-11-2016 and filled with Washington-based SEC.
Insitutional Activity: The institutional sentiment is 1.1 in Q2 2016. Its the same as in 2016Q1. The ratio is the same, as 11 funds sold all International Speedway Corp shares owned while 49 reduced positions. only 15 funds bought stakes while 51 increased positions. They now own 23.44 million shares or 2.91% less from 24.14 million shares in 2016Q1.
Wellington Mgmt Llp accumulated 0% or 259,842 shares. Guggenheim Cap Ltd Liability Corp holds 0.01% or 59,046 shares in its portfolio. Horizon Kinetics Ltd Llc has 0.01% invested in the company for 12,738 shares. Principal Fincl Group holds 96,617 shares or 0% of its portfolio. Ls Investment Advisors Ltd Company, a Michigan-based fund reported 1,598 shares. Advsrs Asset owns 700 shares or 0% of their US portfolio. Brandes Invest Partners Lp has invested 0.01% of its portfolio in International Speedway Corp (NASDAQ:ISCA). Natl Bank Of New York Mellon Corp owns 299,479 shares or 0% of their US portfolio. Texas Permanent School Fund holds 0.01% or 20,284 shares in its portfolio. Nuveen Asset Ltd Company last reported 0% of its portfolio in the stock. Mercer Advisers Inc accumulated 40 shares or 0% of the stock. Gemmer Asset Mgmt Llc accumulated 72 shares or 0% of the stock. River Road Asset Mgmt Ltd Liability Company holds 1.04M shares or 0.74% of its portfolio. Fort Washington Inv Advsrs Oh holds 0.08% or 126,011 shares in its portfolio. Teachers Retirement Of The State Of Kentucky holds 4,800 shares or 0% of its portfolio.
Insider Transactions: Since July 1, 2016, the stock had 58 insider purchases, and 1 sale for $731,930 net activity. $1,948 worth of International Speedway Corp (NASDAQ:ISCA) shares were bought by William C. France Family Trust dated November 4 – 2004. Shares for $203 were bought by Bates Amelia Lee. 53 shares were bought by WCF Silver State Limited Partnership, worth $1,948. Another trade for 6 shares valued at $203 was bought by France Lauren Dare. Helton Richard Kole bought 53 shares worth $1,948. SM HOLDER CO bought $1,948 worth of stock or 53 shares. 6 shares were bought by WCF Nevada – LLC, worth $203 on Friday, July 1.
About 36,895 shares traded hands. International Speedway Corp (NASDAQ:ISCA) has risen 11.55% since April 25, 2016 and is uptrending. It has outperformed by 5.54% the S&P500.
International Speedway Corporation is an owner of motorsports entertainment facilities and promoter of motorsports themed entertainment activities. The company has a market cap of $1.71 billion. The Company’s business is a motorsports themed amusement enterprise, furnishing amusement in the form of motorsports themed entertainment. It has a 22.91 P/E ratio. The Company’s motorsports themed event activities consists of racing events at its motorsports entertainment facilities, which include providing catering, and food and beverage concessions at its motorsports entertainment facilities that host National Association for Stock Car Auto Racing Sprint Cup Series events.
According to Zacks Investment Research, “International Speedway Corporation’s operations consist principally of racing events at its motorsports facilities, which generate revenue primarily through sales of admissions to racing events, television broadcast rights fees, sponsorship fees, hospitality rentals, royalties from licenses of trademarks and provides catering, souvenir and food concession services at certain facilities.”
Analysts await International Speedway Corp (NASDAQ:ISCA) to report earnings on January, 24. They expect $0.78 EPS, up 5.41% or $0.04 from last year’s $0.74 per share. ISCA’s profit will be $35.54 million for 12.03 P/E if the $0.78 EPS becomes a reality. After $0.03 actual EPS reported by International Speedway Corp for the previous quarter, Wall Street now forecasts 2,500.00% EPS growth.
More important recent International Speedway Corp (NASDAQ:ISCA) news were published by: Reuters.com which released: “BRIEF-International Speedway Corp announces amendment to share repurchase ..” on November 10, 2016, also Forbes.com published article titled: “Lesa France Kennedy, International Speedway Corporation Debut $400 Million ..”, Bizjournals.com published: “International Speedway Corp. sees drop in 2Q revenue” on July 02, 2015. More interesting news about International Speedway Corp (NASDAQ:ISCA) was released by: Globenewswire.com and their article: “International Speedway Corporation Reports Financial Results for the First ..” with publication date: April 05, 2016.
International Speedway Corporation, incorporated on May 7, 1953, is an owner of motorsports entertainment facilities and promoter of motorsports themed entertainment activities. The Company’s business is a motorsports themed amusement enterprise, furnishing amusement in the form of motorsports themed entertainment. The Company’s motorsports themed event activities consist of racing events at its motorsports entertainment facilities, which include providing catering, and food and beverage concessions at its motorsports entertainment facilities that host National Association for Stock Car Auto Racing (NASCAR) Sprint Cup Series events except for catering, and food and beverage concessions at Chicagoland and Route 66. The Firm has approximately 763,500 grandstand seats and over 550 suites.
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By Louis Casey