Insider Heat: International Speedway Corp (NASDAQ:ISCA)’s major shareholder Lauren France Acquired 45 Shares of the Company

November 28, 2016 - By Peter Erickson

Insider Heat: International Speedway Corp (NASDAQ:ISCA)'s major shareholder Lauren France Acquired 45 Shares of the Company

Lauren France Insider Buy

Lauren France, an insider of International Speedway Corp, currently major shareholder recently disclosed a new deal with the U.S. Security and Exchange Commission. As shown in the legal form, Lauren France purchased 45 shares of the ‘s company, priced at $37.4 per share. $1,684 U.S. Dollars was the deal’s value. The SEC document’s date was November 28, 2016. It seems she is very active lately as in the last 30 days, she quietly acquired additional 53 shares of the company, worth $1,948 USD. The chance of this purchase remaining disregarded is very low because it’s new, with the major shareholder now owning 196,782 shares — that is 10%+ of International Speedway Corp’s market capitalization.

Insitutional Activity: The institutional sentiment is 1.1 in 2016 Q2. Its the same as in 2016Q1. The ratio has no change, 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.

Fort Washington Investment Advsrs Oh last reported 126,011 shares in the company. Macquarie Group Inc Limited, a Australia-based fund reported 929,886 shares. State Common Retirement Fund, a New York-based fund reported 27,700 shares. Sei reported 1 shares or 0% of all its holdings. The California-based Aperio Grp Incorporated Ltd Limited Liability Company has invested 0% in International Speedway Corp (NASDAQ:ISCA). Liberty Mutual Gp Asset Management holds 11,597 shares or 0.01% of its portfolio. Tower Rech Capital Ltd Liability Company (Trc), a New York-based fund reported 1,212 shares. The United Kingdom-based Marshall Wace Llp has invested 0% in International Speedway Corp (NASDAQ:ISCA). Moreover, Royal Financial Bank Of Canada has 0% invested in International Speedway Corp (NASDAQ:ISCA) for 1,522 shares. Brandywine Inv Mgmt Ltd Liability Corp owns 116,613 shares or 0.03% of their US portfolio. Ls Inv Advisors Ltd Com, a Michigan-based fund reported 1,598 shares. Gabelli Funds Ltd Limited Liability Company has 0.01% invested in the company for 69,000 shares. Trexquant Inv Lp, a Connecticut-based fund reported 6,200 shares. Aqr Cap Mgmt Ltd Limited Liability Company has 0% invested in the company for 10,845 shares. Gemmer Asset Ltd Liability reported 72 shares or 0% of all its holdings.

Insider Transactions: Since July 1, 2016, the stock had 78 insider buys, and 1 insider sale for $765,610 net activity. 53 shares with value of $1,948 were bought by KENNEDY LESA D on Monday, November 14. Bates Madeline Gray bought $1,948 worth of stock. $1,948 worth of International Speedway Corp (NASDAQ:ISCA) was bought by JA HOLDER LIMITED PARTNERSHIP on Monday, November 14. ASHLEY DALLAS STEVEN bought 53 shares worth $1,948. $203 worth of International Speedway Corp (NASDAQ:ISCA) was bought by France William Carter. $203 worth of International Speedway Corp (NASDAQ:ISCA) was bought by WCF Nevada – LLC. Bates Amelia Lee also bought $1,684 worth of International Speedway Corp (NASDAQ:ISCA) on Wednesday, November 23.

About 39,822 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 22.89 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 $35.57M for 12.02 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 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 the news titled: “Lesa France Kennedy, International Speedway Corporation Debut $400 Million ..” on February 19, 2016. Bizjournals.com‘s news article titled: “International Speedway Corp. sees drop in 2Q revenue” with publication date: July 02, 2015 was also an interesting one.

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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