November 28, 2016 - By Adrian Mccoy
As revealed in the SEC, a form for the purchase of 45 shares of International Speedway Corp by Madeline Bates was filled. Madeline Bates is the current major shareholder of the Pinksheet-listed company. The report was filled on November 28, 2016. The reported shares were bought at average $37.4 for a share, and are valued at $1,684 US Dollars. In the last 30 days, she also acquired 53 shares that are worth $1,948 USD. Today, Madeline Bates has a total of 208,470 shares or 10%+ of the Company’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding).
Insitutional Activity: The institutional sentiment is 1.1 in Q2 2016. Its the same as in 2016Q1. The ratio is without 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.
Great West Life Assurance Can accumulated 2,604 shares or 0% of the stock. Meeder Asset Mngmt Incorporated has 16,799 shares for 0.05% of their US portfolio. First Advsr L P accumulated 0% or 34,163 shares. Moreover, Texas Permanent School Fund has 0.01% invested in International Speedway Corp (NASDAQ:ISCA) for 20,284 shares. D E Shaw & last reported 156,421 shares in the company. Bancorp Of America Corporation De has 0% invested in the company for 6,517 shares. State Street holds 0% of its portfolio in International Speedway Corp (NASDAQ:ISCA) for 832,582 shares. Louisiana State Employees Retirement, a Louisiana-based fund reported 7,100 shares. Ubs Asset Mngmt Americas accumulated 0% or 12,942 shares. Millennium Mngmt Ltd Llc accumulated 0.01% or 67,423 shares. Pinnacle Assocs Ltd has 0.3% invested in the company for 416,246 shares. Menta Capital Ltd Co, a California-based fund reported 36,209 shares. Royal Bancshares Of Canada holds 1,522 shares or 0% of its portfolio. Bnp Paribas Arbitrage Sa, a New York-based fund reported 12,459 shares. Invesco accumulated 0% or 26,786 shares.
Insider Transactions: Since July 1, 2016, the stock had 58 insider purchases, and 1 sale for $731,930 net activity. The insider JA HOLDER LIMITED PARTNERSHIP bought $1,948. WCF Silver State Limited Partnership also bought $1,948 worth of International Speedway Corp (NASDAQ:ISCA) on Monday, November 14. CARL TWO LP bought 53 shares worth $1,948. The insider Helton Richard Kole bought 53 shares worth $1,948. Another trade for 53 shares valued at $1,948 was bought by William C. France Family Trust dated November 4 – 2004. Another trade for 53 shares valued at $1,948 was bought by PRINCIPAL INVESTMENT CO. 53 shares were bought by SM HOLDER CO, worth $1,948 on Monday, November 14.
About 38,196 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 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.
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 Adrian Mccoy