Insider Watch Reporter: Dallas Ashley, an Insider in International Speedway Corp (NASDAQ:ISCA), Pays for 45 shares of the Company

November 28, 2016 - By Ruchi Gupta

Insider Watch Reporter: Dallas Ashley, an Insider in International Speedway Corp (NASDAQ:ISCA), Pays for 45 shares of the Company

Dallas Ashley Insider Buy

45 shares of International Speedway Corp were acquired by Dallas Ashley, the company’s major shareholder. The purchased shares are valued at roughly $1,684 which has been calculated on the basis of the average transactions stock price ($37.4 of a share). He also bought 53 shares with a total value $1,948 USD in the last month. Today, Dallas Ashley owns 212,460 shares which are roughly 10%+ of the Company’s market cap (total dollar market value of all company’s outstanding shares).

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

Wells Fargo And Mn has 0% invested in the company for 23,025 shares. Goldman Sachs Gp Inc holds 92,166 shares or 0% of its portfolio. River Road Asset Management Limited Liability Corp has invested 0.74% of its portfolio in International Speedway Corp (NASDAQ:ISCA). Blackrock Limited holds 0% of its portfolio in International Speedway Corp (NASDAQ:ISCA) for 42,188 shares. Tfs Capital Limited Liability Company, a Pennsylvania-based fund reported 39,835 shares. Reinhart Prtn Incorporated has 53,511 shares for 0.18% of their US portfolio. Federated Invsts Inc Pa last reported 12,483 shares in the company. First Trust Advsr Ltd Partnership holds 0% or 34,163 shares in its portfolio. Parametric Port Associate Ltd Co holds 0% or 85,107 shares in its portfolio. Brandes Investment Partners L P last reported 0.01% of its portfolio in the stock. Menta Ltd Liability Corp reported 36,209 shares or 0.17% of all its holdings. Geode reported 192,275 shares or 0% of all its holdings. California Employees Retirement Sys accumulated 0% or 82,200 shares. Louisiana State Employees Retirement Systems has 0.01% invested in the company for 7,100 shares. Alliancebernstein Lp last reported 0% of its portfolio in the stock.

Insider Transactions: Since July 1, 2016, the stock had 58 insider buys, and 1 insider sale for $731,930 net activity. On Monday, November 14 the insider JA HOLDER LIMITED PARTNERSHIP bought $1,948. FRANCE JAMES C also bought $1,948 worth of International Speedway Corp (NASDAQ:ISCA) on Monday, November 14. Bates Elizabeth Anne also bought $1,948 worth of International Speedway Corp (NASDAQ:ISCA) on Monday, November 14. 6 International Speedway Corp (NASDAQ:ISCA) shares with value of $203 were bought by Bates Amelia Lee. On Monday, November 14 the insider France Lauren Dare bought $1,948. Another trade for 53 shares valued at $1,948 was bought by Carl Three LLC. $203 worth of International Speedway Corp (NASDAQ:ISCA) shares were bought by WCF Nevada – LLC.

About 38,850 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.

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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