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Bank of America Fund Sells Most AMC Networks Shares, Holds $270,000

Bank of America logoBank of America
Sig1.25Sen+0.10Env0.00Soc0.00Gov0.00
AMC Networks logoAMC Networks
Sig1.47Sen-1.23Env0.00Soc0.00Gov0.00

Bank of America Corp DE reduced its AMC Networks holding to 39,723 shares after selling 7,649,483 shares during the quarter. State of Wyoming also bought about $51,000 of AMC shares in Q2. AMC reported EPS of ($0.28), missing the ($0.12) consensus, while analyst targets and ratings diverged, with consensus target price at $10.33.

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