Insider Buying: Lions Gate Entertainment Corp. (NYSE:LGF-B) Major Shareholder Buys 2,300 Shares of Stock

Lions Gate Entertainment Corp. (NYSE:LGF-B) major shareholder Liberty 77 Capital L.P. bought 2,300 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The stock was purchased at an average price of $6.93 per share, for a total transaction of $15,939.00. Following the acquisition, the insider now owns 13,670,023 shares of the company’s stock, valued at $94,733,259.39. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Liberty 77 Capital L.P. also recently made the following trade(s):

• On Wednesday, August 14th, Liberty 77 Capital L.P. acquired 345,839 shares of Lions Gate Entertainment stock. The stock was acquired at an average cost of $7.82 per share, with a total value of $2,704,460.98.
• On Monday, August 12th, Liberty 77 Capital L.P. bought 1,318,174 shares of Lions Gate Entertainment stock. The shares were acquired at an average price of $8.27 per share, for a total transaction of $10,901,298.98.
• On Friday, August 9th, Liberty 77 Capital L.P. purchased 736,054 shares of Lions Gate Entertainment stock. The shares were acquired at an average price of $8.53 per share, for a total transaction of $6,278,540.62.
• On Monday, August 5th, Liberty 77 Capital L.P. bought 136,315 shares of Lions Gate Entertainment stock. The shares were bought at an average cost of $8.46 per share, for a total transaction of $1,153,224.90.
• On Monday, July 29th, Liberty 77 Capital L.P. acquired 119,587 shares of Lions Gate Entertainment stock. The shares were bought at an average cost of $8.49 per share, for a total transaction of $1,015,293.63.
• On Friday, July 26th, Liberty 77 Capital L.P. bought 209,209 shares of Lions Gate Entertainment stock. The stock was purchased at an average cost of $8.50 per share, with a total value of $1,778,276.50.
• On Tuesday, July 23rd, Liberty 77 Capital L.P. purchased 95,781 shares of Lions Gate Entertainment stock. The stock was purchased at an average price of $8.51 per share, for a total transaction of $815,096.31.
• On Tuesday, July 9th, Liberty 77 Capital L.P. acquired 289,488 shares of Lions Gate Entertainment stock. The shares were purchased at an average price of $8.73 per share, with a total value of $2,527,230.24.
• On Monday, June 24th, Liberty 77 Capital L.P. acquired 42,922 shares of Lions Gate Entertainment stock. The stock was bought at an average cost of $8.64 per share, with a total value of $370,846.08.
• On Friday, June 21st, Liberty 77 Capital L.P. bought 6,047 shares of Lions Gate Entertainment stock. The stock was acquired at an average price of $8.51 per share, for a total transaction of $51,459.97.

Lions Gate Entertainment Trading Up 2.0 %

Shares of LGF-B traded up $0.14 on Friday, reaching $7.13. 828,376 shares of the company’s stock traded hands. The business has a 50-day moving average price of $7.88 and a 200 day moving average price of $8.71.

Lions Gate Entertainment Company Profile

Lions Gate Entertainment Corp. engages in the film, television, subscription, and location-based entertainment businesses in the United States, Canada, and internationally. The company operates through three segments: Motion Picture, Television Production, and Media Networks. The Motion Picture segment engages in the development and production of feature films; acquisition of North American and worldwide distribution rights; North American theatrical, home entertainment, and television distribution of feature films produced and acquired; and worldwide licensing of distribution rights to feature films produced and acquired.