Reading International, Inc. (NASDAQ:RDI – Get Rating) insider James J. Cotter Living Trust sold 2,750 shares of the stock in a transaction dated Friday, May 27th. The shares were sold at an average price of $3.72, for a total transaction of $10,230.00. Following the completion of the sale, the insider now owns 1,188,399 shares of the company’s stock, valued at approximately $4,420,844.28. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

James J. Cotter Living Trust also recently made the following trade(s):

• On Wednesday, May 25th, James J. Cotter Living Trust sold 2,750 shares of Reading International stock. The stock was sold at an average price of $3.43, for a total transaction of $9,432.50.
• On Monday, May 23rd, James J. Cotter Living Trust sold 2,750 shares of Reading International stock. The stock was sold at an average price of $3.35, for a total transaction of $9,212.50.
• On Friday, May 20th, James J. Cotter Living Trust sold 2,750 shares of Reading International stock. The stock was sold at an average price of $3.35, for a total transaction of $9,212.50.
• On Wednesday, May 18th, James J. Cotter Living Trust sold 2,750 shares of Reading International stock. The stock was sold at an average price of $3.41, for a total transaction of $9,377.50.
• On Monday, May 16th, James J. Cotter Living Trust sold 2,750 shares of Reading International stock. The shares were sold at an average price of $3.55, for a total transaction of $9,762.50.
• On Friday, May 13th, James J. Cotter Living Trust sold 2,750 shares of Reading International stock. The shares were sold at an average price of $3.57, for a total transaction of $9,817.50.
• On Wednesday, May 11th, James J. Cotter Living Trust sold 2,750 shares of Reading International stock. The shares were sold at an average price of $3.52, for a total transaction of $9,680.00.
• On Monday, May 9th, James J. Cotter Living Trust sold 2,750 shares of Reading International stock. The shares were sold at an average price of $3.82, for a total transaction of $10,505.00.
• On Friday, May 6th, James J. Cotter Living Trust sold 2,750 shares of Reading International stock. The shares were sold at an average price of $3.92, for a total transaction of $10,780.00.
• On Wednesday, May 4th, James J. Cotter Living Trust sold 2,750 shares of Reading International stock. The shares were sold at an average price of $3.99, for a total transaction of $10,972.50.

NASDAQ:RDI traded up $0.07 during trading hours on Tuesday, hitting $3.77. The stock had a trading volume of 411 shares, compared to its average volume of 36,003. The company has a 50 day simple moving average of $3.96 and a two-hundred day simple moving average of $4.22. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.92 and a quick ratio of 0.92. Reading International, Inc. has a one year low of $3.31 and a one year high of $7.15. The firm has a market capitalization of $82.94 million, a price-to-earnings ratio of -29.00 and a beta of 1.48.

Reading International (NASDAQ:RDI – Get Rating) last announced its quarterly earnings results on Tuesday, May 10th. The company reported ($0.70) EPS for the quarter, missing the consensus estimate of ($0.44) by ($0.26). Reading International had a negative net margin of 1.52% and a negative return on equity of 34.87%.

A number of research analysts recently weighed in on the stock. TheStreet lowered shares of Reading International from a “c-” rating to a “d” rating in a research note on Wednesday, May 18th. StockNews.com assumed coverage on shares of Reading International in a report on Sunday. They issued a “sell” rating for the company.

Several hedge funds and other institutional investors have recently bought and sold shares of RDI. Barclays PLC lifted its holdings in shares of Reading International by 240.7% during the 3rd quarter. Barclays PLC now owns 5,124 shares of the company’s stock worth $26,000 after acquiring an additional 3,620 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Reading International by 4.4% during the 3rd quarter. Geode Capital Management LLC now owns 162,641 shares of the company’s stock worth $822,000 after acquiring an additional 6,819 shares during the last quarter. Gabelli Funds LLC lifted its holdings in shares of Reading International by 30.7% during the 3rd quarter. Gabelli Funds LLC now owns 41,600 shares of the company’s stock worth $210,000 after acquiring an additional 9,770 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in shares of Reading International by 11.8% during the 3rd quarter. Gamco Investors INC. ET AL now owns 196,200 shares of the company’s stock worth $993,000 after acquiring an additional 20,700 shares during the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of Reading International by 76.2% during the 3rd quarter. Millennium Management LLC now owns 17,991 shares of the company’s stock worth $91,000 after acquiring an additional 7,783 shares during the last quarter. 48.96% of the stock is owned by institutional investors.

About Reading International (Get Rating)

Reading International, Inc, together with its subsidiaries, focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. The company operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates multiplex cinemas.

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