Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) – Research analysts at Zacks Investment Research raised their Q4 2018 earnings estimates for Chicken Soup for The Soul Entrtnmnt in a research note issued to investors on Tuesday, November 20th. Zacks Investment Research analyst L. Thompson now forecasts that the company will post earnings per share of $0.67 for the quarter, up from their prior forecast of $0.53. Zacks Investment Research also issued estimates for Chicken Soup for The Soul Entrtnmnt’s FY2019 earnings at $0.69 EPS.
Other equities research analysts also recently issued research reports about the company. Northland Securities reiterated a “buy” rating and issued a $15.00 price objective on shares of Chicken Soup for The Soul Entrtnmnt in a report on Wednesday, August 1st. ValuEngine upgraded Chicken Soup for The Soul Entrtnmnt from a “sell” rating to a “hold” rating in a report on Saturday, September 1st.
In related news, major shareholder Mvm Funds Llc purchased 11,797 shares of the business’s stock in a transaction on Friday, November 16th. The shares were bought at an average price of $9.35 per share, for a total transaction of $110,301.95. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 72.60% of the stock is owned by corporate insiders.
An institutional investor recently bought a new position in Chicken Soup for The Soul Entrtnmnt stock. Bard Associates Inc. purchased a new position in shares of Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,500 shares of the company’s stock, valued at approximately $139,000. Bard Associates Inc. owned 0.39% of Chicken Soup for The Soul Entrtnmnt at the end of the most recent reporting period. 15.64% of the stock is currently owned by hedge funds and other institutional investors.
Chicken Soup for The Soul Entrtnmnt Company Profile
Chicken Soup for the Soul Entertainment, Inc, a media company, produces, distributes, and licenses video content in the United States and internationally. It distributes and exhibits video on-demand (VOD) content directly to consumers through digital platforms, such as smartphones, tablets, gaming consoles, and the Web through Popcornflix and A Plus networks, as well as operates a series of direct-to consumer advertising supported channels.
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