Insider Reported By SEC: International Speedway Corp (NASDAQ:ISCA)’s Insider Investment Carl Purchased 45 Shares

November 28, 2016 - By Louis Casey

Insider Reported By SEC: International Speedway Corp (NASDAQ:ISCA)'s Insider Investment Carl Purchased 45 Shares

Investment Carl Insider Buy

The International Speedway Corp’s major shareholder Investment Carl acquired – 45 shares of International Speedway Corp, based on the avg. market share price that is $37.4 for each share. The acquired shares a few days ago had a value of around $1,684 USD. It seems he is very active lately as in the last month, he quietly purchased additional 53 shares of the company, worth $1,948 USD. Investment Carl currently holds 10%+ of International Speedway Corp’s market capitalization with ownership of 1.65 million 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.

Oakworth Cap last reported 18 shares in the company. Mu Investments Ltd owns 4,700 shares or 0.11% of their US portfolio. Advisors Asset Mgmt holds 0% or 700 shares in its portfolio. Balyasny Asset Ltd Llc has invested 0% of its portfolio in International Speedway Corp (NASDAQ:ISCA). Reinhart Prtn accumulated 0.18% or 53,511 shares. The Colorado-based Employees Retirement Association Of Colorado has invested 0% in International Speedway Corp (NASDAQ:ISCA). Gemmer Asset Mngmt Limited Liability Corp accumulated 0% or 72 shares. Savings Bank Of America Corporation De has 6,517 shares for 0% of their US portfolio. Swiss Natl Bank holds 43,500 shares or 0% of its portfolio. Teacher Retirement Sys Of Texas holds 14,383 shares or 0% of its portfolio. The New Jersey-based Mercer Capital Advisers Inc has invested 0% in International Speedway Corp (NASDAQ:ISCA). Bridgeway Capital Management Incorporated last reported 0.08% of its portfolio in the stock. Dimensional Fund Advsrs L P accumulated 0.03% or 1.30M shares. Alliancebernstein L P holds 49,349 shares or 0% of its portfolio. Panagora Asset Mgmt has 0% invested in the company for 1,629 shares.

Insider Transactions: Since July 1, 2016, the stock had 58 insider purchases, and 1 insider sale for $731,930 net activity. $1,948 worth of International Speedway Corp (NASDAQ:ISCA) shares were bought by CARL TWO LLC. Another trade for 53 shares valued at $1,948 was made by France William Carter on Monday, November 14. Shares for $1,948 were bought by WCF Silver State Limited Partnership. On Monday, November 14 the insider CARL TWO LP bought $1,948. Another trade for 53 shares valued at $1,948 was bought by SM HOLDER L P. 53 International Speedway Corp (NASDAQ:ISCA) shares with value of $1,948 were bought by France Lauren Dare. The insider Bates Madeline Gray bought 6 shares worth $203.

About 36,995 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 ..”, 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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