Brian J. Wendling Sells 1,094 Shares of Formula One Group (NASDAQ:FWONA) Stock

Posted by Don Miller on Nov 24th, 2024

Formula One Group (NASDAQ:FWONA – Get Free Report) CAO Brian J. Wendling sold 1,094 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $69.57, for a total value of $76,109.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Brian J. Wendling also recently made the following trade(s):

On Friday, September 20th, Brian J. Wendling sold 10,011 shares of Formula One Group stock. The shares were sold at an average price of $73.80, for a total transaction of $738,811.80.

Formula One Group Trading Down 0.9 %

Shares of FWONA opened at $77.45 on Friday. The firm has a market cap of $18.20 billion, a PE ratio of 67.35 and a beta of 0.05. Formula One Group has a 1-year low of $55.25 and a 1-year high of $79.67. The firm has a fifty day simple moving average of $73.39 and a two-hundred day simple moving average of $69.87.

Institutional Investors Weigh In On Formula One Group

An institutional investor recently bought a new position in Formula One Group stock. Lountzis Asset Management LLC acquired a new stake in Formula One Group (NASDAQ:FWONA – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,079 shares of the company’s stock, valued at approximately $220,000. 8.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Benchmark reaffirmed a “buy” rating and set a $81.00 price objective on shares of Formula One Group in a research report on Thursday, November 14th.

View Our Latest Stock Analysis on Formula One Group

About Formula One Group

(Get Free Report)

Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship.