National CineMedia, Inc. (NCMI)
NASDAQ · Business Services · Services-Advertising
- Price
- $2.20
- Day
- -0.90%
- Market cap
- $206.95M
Close 2026-09-23.
The company
The Company National CineMedia is the largest cinema advertising platform in the U.S. With unparalleled reach and scale, NCM connects brands to sought-after young, diverse audiences through the power of movies and pop culture. A premium video, full-funnel marketing solution for advertisers, NCM enhances advertisers’ ability to measure and drive results. NCM’s Noovie® Show is presented exclusively in 41 leading national and regional theater circuits including all three national chains, AMC, Cinemark and Regal. NCM’s cinema advertising platform consists of more than 17,000 screens in over 1,300 theaters in 184 Designated Market Areas® (“DMA ® ”), including all of the top 50. In November of 2025, NCM extended its reach by acquiring Spotlight and the Spotlight Cinema Network, a U.S. cinema advertising company dedicated to serving art house, luxury and dine-in exhibitors. Spotlight and the Spotlight Cinema Network presents the CineLife ® Show exclusively in 108 leading national and regional theater circuits consisting of more than 1,200 screens in over 200 theaters. We derive revenue primarily from selling advertising to national, regional and local businesses through The Noovie Show and the CineLife Show, our cinema advertising and entertainment shows seen on movie screens across the U.S. Additionally, we generate revenue from the Lobby Entertainment Network or LEN, a series of strategically-placed screens located in movie theater lobbies, as well as other promotional opportunities in theater lobbies.
From Item 1: The Company.
By product & service
- National Advertising Revenue — 80%
- Local Advertising Revenue — 14%
- Founding Member Advertising Revenue From Beverage Concessionaire Agreements — 6%
- Barter Transaction Revenue — 1%
- Management Fee Reimbursement — 0%
Institutional holders
Largest positions reported on Form 13F for the quarter ended 2026-06-30, by value.
- Blantyre Capital Ltd — $103.15M
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC — $35.91M
- Orbis Allan Gray Ltd — $35.05M
- VANGUARD CAPITAL MANAGEMENT LLC — $12.24M
- BlackRock, Inc. — $11.11M
- WELLINGTON MANAGEMENT GROUP LLP — $9.88M
- BlackRock, Inc. — $9.02M
- BARCLAYS PLC — $7.61M
Insider trades
Open-market buys and sales filed on Form 4, newest first. Grants, option exercises and tax withholding are left out.
- Ng Ronnie Y. (Chief Financial Officer) sold 1,000 shares at $4.05 on 2026-08-03
- Lesinski Thomas F. (Chief Executive Officer) sold 50,623 shares at $4.18 on 2026-08-03
- Woods Maria VG (Chief Legal Officer) sold 12,058 shares at $3.77 on 2026-07-02
- Ng Ronnie Y. (Chief Financial Officer) sold 32,328 shares at $3.77 on 2026-07-02
- Lesinski Thomas F. (Chief Executive Officer) sold 70,168 shares at $3.77 on 2026-07-02
- Lesinski Thomas F. (Chief Executive Officer) sold 28,900 shares at $3.62 on 2026-06-26
Recent filings
- 8-K — 2026-09-21
- SCHEDULE 13G/A — 2026-09-08
- 4 — 2026-08-18
- SCHEDULE 13G/A — 2026-08-14
- SCHEDULE 13G/A — 2026-08-12
- 10-Q — 2026-08-11
- 8-K — 2026-08-11
- 8-K — 2026-08-11
- 4 — 2026-08-04
- 4 — 2026-08-04