Insider Heat: Two Carl, major shareholder of International Speedway Corp (NASDAQ:ISCA) Just Obtained Shares

November 28, 2016 - By Richard Conner

Insider Heat: Two Carl, major shareholder of International Speedway Corp (NASDAQ:ISCA) Just Obtained Shares

Two Carl Insider Buy

International Speedway Corp major shareholder and an insider Two Carl recently obtained 45 company shares with a grand total value of $1,684 at an average cost of $37.4. In the last month, he also purchased 53 shares that are worth $1,948 USD. The regulatory filing shows that Two Carl now has in hand roughly 10%+ of the Florida-based company’s market capitalization

Insitutional Activity: The institutional sentiment is 1.1 in Q2 2016. Its the same as in 2016Q1. The ratio is flat, 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.

Moreover, Virginia Retirement Sys Et Al has 0.02% invested in International Speedway Corp (NASDAQ:ISCA) for 36,000 shares. D E Shaw And accumulated 0.01% or 156,421 shares. Texas Permanent School Fund last reported 0.01% of its portfolio in the stock. Investec Asset Limited accumulated 460,569 shares or 0.08% of the stock. Mu Investments holds 0.11% or 4,700 shares in its portfolio. Citadel Advsr Ltd holds 18,646 shares or 0% of its portfolio. Lindsell Train Limited reported 465,200 shares or 0.85% of all its holdings. Moreover, Panagora Asset has 0% invested in International Speedway Corp (NASDAQ:ISCA) for 1,629 shares. Blackrock Group Inc has invested 0% of its portfolio in International Speedway Corp (NASDAQ:ISCA). Cornerstone Incorporated owns 100 shares or 0% of their US portfolio. Gsa Cap Prtn Ltd Liability Partnership accumulated 22,782 shares or 0.04% of the stock. The Texas-based Westwood Hldgs Gp has invested 0.1% in International Speedway Corp (NASDAQ:ISCA). Commercial Bank Of Montreal Can holds 0% of its portfolio in International Speedway Corp (NASDAQ:ISCA) for 1,773 shares. Ameritas Inv Inc accumulated 6,291 shares or 0.01% of the stock. Aqr accumulated 0% or 10,845 shares.

Insider Transactions: Since July 1, 2016, the stock had 58 insider buys, and 1 insider sale for $731,930 net activity. QUATERNARY INVESTMENT bought 53 shares worth $1,948. On Monday, November 14 SM HOLDER L P bought $1,948 worth of the stock or 53 shares. Another trade for 53 shares valued at $1,948 was bought by France Meadow Jane. On Monday, November 14 the insider AL HOLDER CO bought $1,948. 6 shares with value of $203 were bought by France Luke Zachary on Friday, July 1. Another trade for 53 shares valued at $1,948 was bought by WCF FAMILY 1 INC. FRANCE JAMISON C also bought $1,948 worth of International Speedway Corp (NASDAQ:ISCA) shares.

About 35,095 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 $35.54M 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.

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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