WWE EVP Stephanie McMahon Sells 114,972 Shares

WWE EVP Stephanie McMahon sold 114,972 shares of World Wrestling Entertainment stock on the open market in a transaction dated Monday, August 5th. The stock was sold at an average price of $10.39, for a total value of $1,194,559.08. Following the sale, the executive vice president now directly owns 51,945 shares of the company’s stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

A number of research firms have recently commented on WWE. Analysts at Zacks downgraded shares of World Wrestling Entertainment from a “neutral” rating to an “underperform” rating in a research note to investors on Friday...More?

source: zolmax.com