Insider Change: Holder Ja just Paid for 45 shares of International Speedway Corp (NASDAQ:ISCA), be careful if you are short!

November 28, 2016 - By Louis Casey

Insider Change: Holder Ja just Paid for 45 shares of International Speedway Corp (NASDAQ:ISCA), be careful if you are short!

Holder Ja Insider Buy

The major shareholder of International Speedway Corp and company’s insider Holder Ja obtained 45 shares of the Pinksheet-listed company based on the avg. market share price which was $37.4 for a share. The mentioned shares had a value of exactly $1,684 U.S. Dollars. He also acquired 53 shares valued at $1,948 USD in the last month. Holder Ja now owns 10%+ of the company’s stock market cap with ownership of 533,426 shares. 

Insitutional Activity: The institutional sentiment is 1.1 in 2016 Q2. 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.

The Tennessee-based Weaver C Barksdale And Assoc has invested 0.01% in International Speedway Corp (NASDAQ:ISCA). Gemmer Asset Mgmt Ltd Com accumulated 0% or 72 shares. Morgan Stanley has invested 0% of its portfolio in International Speedway Corp (NASDAQ:ISCA). Credit Suisse Ag has 0% invested in the company for 36,513 shares. Swiss Fincl Bank owns 43,500 shares or 0% of their US portfolio. Gamco Investors Et Al accumulated 125,000 shares or 0.03% of the stock. Pine River Cap Lp holds 0.01% of its portfolio in International Speedway Corp (NASDAQ:ISCA) for 27,711 shares. Cornerstone Inc last reported 0% of its portfolio in the stock. Moreover, Aperio Group Ltd Liability Co has 0% invested in International Speedway Corp (NASDAQ:ISCA) for 13,596 shares. Metropolitan Life Ny accumulated 0.01% or 43,516 shares. Marshall Wace Limited Liability Partnership holds 13,288 shares or 0% of its portfolio. Blackrock owns 17,770 shares or 0% of their US portfolio. Carroll, a North Carolina-based fund reported 260 shares. Advantus Mngmt holds 3,212 shares or 0% of its portfolio. Blackrock Fund has 0.01% invested in the company for 1.28M shares.

Insider Transactions: Since July 1, 2016, the stock had 78 insider buys, and 1 insider sale for $765,610 net activity. FRANCE BETTY JANE had bought 53 shares worth $1,948 on Monday, November 14. $1,684 worth of shares were bought by BBL CO on Wednesday, November 23. Carl Three LP bought $1,948 worth of International Speedway Corp (NASDAQ:ISCA) on Monday, November 14. FRANCE BRIAN Z bought $203 worth of stock. $1,684 worth of International Speedway Corp (NASDAQ:ISCA) was bought by ASHLEY DALLAS STEVEN. FRANCE AMY L also bought $1,948 worth of International Speedway Corp (NASDAQ:ISCA) on Monday, November 14. WESTERN OPPORTUNITY LTD PARTNERSHIP also bought $1,948 worth of International Speedway Corp (NASDAQ:ISCA) on Monday, November 14.

About 46,435 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 $1.70 billion. The Company’s business is a motorsports themed amusement enterprise, furnishing amusement in the form of motorsports themed entertainment. It has a 22.86 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 earnings per share, up 5.41% or $0.04 from last year’s $0.74 per share. ISCA’s profit will be $35.41M for 12.00 P/E if the $0.78 EPS becomes a reality. After $0.03 actual earnings per share 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 ..”, Globenewswire.com published: “International Speedway Corporation Third Quarter 2016 Financial Results ..” on October 05, 2016. More interesting news about International Speedway Corp (NASDAQ:ISCA) was released by: Bizjournals.com and their article: “International Speedway Corp. sees drop in 2Q revenue” with publication date: July 02, 2015.

ISCA Company Profile

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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