Rhumbline Advisers lifted its holdings in shares of Central European Media Enterprises Ltd. (NASDAQ:CETV) by 9.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 96,983 shares of the company’s stock after buying an additional 8,590 shares during the period. Rhumbline Advisers owned 0.07% of Central European Media Enterprises worth $388,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. SG Americas Securities LLC bought a new stake in shares of Central European Media Enterprises during the 1st quarter valued at about $109,000. Spark Investment Management LLC bought a new stake in shares of Central European Media Enterprises during the 1st quarter valued at about $118,000. Goldman Sachs Group Inc. grew its position in shares of Central European Media Enterprises by 71.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 46,452 shares of the company’s stock valued at $144,000 after buying an additional 19,287 shares during the last quarter. American International Group Inc. grew its position in shares of Central European Media Enterprises by 7.1% during the 1st quarter. American International Group Inc. now owns 47,100 shares of the company’s stock valued at $146,000 after buying an additional 3,124 shares during the last quarter. Finally, Nationwide Fund Advisors grew its position in shares of Central European Media Enterprises by 2.0% during the 1st quarter. Nationwide Fund Advisors now owns 54,016 shares of the company’s stock valued at $167,000 after buying an additional 1,075 shares during the last quarter. 28.27% of the stock is owned by institutional investors and hedge funds.

In related news, insider Global Equity Master Fund Tcs sold 5,000,000 shares of the stock in a transaction dated Monday, July 10th. The shares were sold at an average price of $4.05, for a total transaction of $20,250,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.77% of the company’s stock.

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Separately, BidaskClub raised shares of Central European Media Enterprises from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th.

Central European Media Enterprises Ltd. (NASDAQ:CETV) opened at 4.35 on Friday. The firm has a market capitalization of $630.08 million, a price-to-earnings ratio of 174.00 and a beta of 0.98. The firm’s 50-day moving average is $4.12 and its 200-day moving average is $3.96. Central European Media Enterprises Ltd. has a 1-year low of $2.15 and a 1-year high of $4.55.

Central European Media Enterprises (NASDAQ:CETV) last announced its earnings results on Tuesday, July 25th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.11. The business had revenue of $181.86 million during the quarter. Central European Media Enterprises had a net margin of 2.82% and a negative return on equity of 18.46%. On average, equities analysts anticipate that Central European Media Enterprises Ltd. will post $0.07 EPS for the current year.

About Central European Media Enterprises

Central European Media Enterprises Ltd. (CME Ltd.) is a media and entertainment company operating in Central and Eastern Europe. The Company’s assets are held through a series of Dutch and Curacao holding companies. The Company manages its business on a geographical basis, with six segments: Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia.

Institutional Ownership by Quarter for Central European Media Enterprises (NASDAQ:CETV)

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