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Franklin Resources Inc. boosted its holdings in shares of Cinemark Holdings, Inc. ( NYSE:CNK – Free Report ) by 6.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,757 shares of the company’s stock after purchasing an additional 3,632 shares during the quarter. Franklin Resources Inc.’s holdings in Cinemark were worth $1,651,000 as of its most recent SEC filing. A number of other hedge funds also recently bought and sold shares of the business. Arizona State Retirement System raised its stake in Cinemark by 1.8% during the second quarter. Arizona State Retirement System now owns 30,636 shares of the company’s stock valued at $662,000 after purchasing an additional 556 shares in the last quarter. Natixis Advisors LLC raised its stake in shares of Cinemark by 2.9% in the third quarter. Natixis Advisors LLC now owns 20,638 shares of the company’s stock valued at $575,000 after acquiring an additional 583 shares during the period. Point72 Asia Singapore Pte. Ltd. raised its stake in shares of Cinemark by 38.7% in the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,145 shares of the company’s stock valued at $68,000 after acquiring an additional 877 shares during the period. GAMMA Investing LLC raised its stake in shares of Cinemark by 106.1% in the third quarter. GAMMA Investing LLC now owns 2,020 shares of the company’s stock valued at $56,000 after acquiring an additional 1,040 shares during the period. Finally, Quarry LP raised its stake in shares of Cinemark by 714.8% in the third quarter. Quarry LP now owns 1,491 shares of the company’s stock valued at $42,000 after acquiring an additional 1,308 shares during the period. Insiders Place Their Bets In other news, insider Valmir Fernandes sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $32.68, for a total value of $817,000.00. Following the sale, the insider now directly owns 179,729 shares in the company, valued at approximately $5,873,543.72. This trade represents a 12.21 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . 2.30% of the stock is owned by company insiders. Wall Street Analysts Forecast Growth Get Our Latest Research Report on Cinemark Cinemark Stock Up 1.3 % Shares of Cinemark stock opened at $30.95 on Friday. The company has a debt-to-equity ratio of 3.46, a current ratio of 0.98 and a quick ratio of 0.96. Cinemark Holdings, Inc. has a 1 year low of $13.19 and a 1 year high of $36.28. The firm’s 50-day moving average is $31.80 and its two-hundred day moving average is $27.31. The stock has a market cap of $3.79 billion, a price-to-earnings ratio of 19.97, a PEG ratio of 1.66 and a beta of 2.38. Cinemark ( NYSE:CNK – Get Free Report ) last issued its earnings results on Thursday, October 31st. The company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.61. Cinemark had a net margin of 8.36% and a return on equity of 60.21%. The company had revenue of $921.80 million for the quarter, compared to analysts’ expectations of $894.90 million. During the same period in the prior year, the business earned $0.61 EPS. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. As a group, research analysts expect that Cinemark Holdings, Inc. will post 2 earnings per share for the current fiscal year. About Cinemark ( Free Report ) Cinemark Holdings, Inc, together with its subsidiaries, engages in the motion picture exhibition business. As of February 16, 2024, it operated 501 theatres with 5,719 screens in 42 states and 13 countries in South and Central America. Cinemark Holdings, Inc was founded in 1984 and is headquartered in Plano, Texas. Recommended Stories Want to see what other hedge funds are holding CNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cinemark Holdings, Inc. ( NYSE:CNK – Free Report ). Receive News & Ratings for Cinemark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cinemark and related companies with MarketBeat.com's FREE daily email newsletter .

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