National CineMedia (NCMI)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	52.40 mm	52.40 mm	52.40 mm	52.40 mm	52.40 mm	52.40 mm
Cash burn (monthly)	1.47 mm	(no burn)	2.50 mm	2.32 mm	666.67 k	(no burn)
Cash used (since last report)	7.61 mm	n/a	12.98 mm	12.03 mm	3.46 mm	n/a
Cash remaining	44.79 mm	n/a	39.42 mm	40.37 mm	48.94 mm	n/a
Runway (months of cash)	30.5	n/a	15.8	17.4	73.4	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

NCMI institutional ownership history Ownership history

72.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	5	78	-93.6%
Opened positions	1	20	-95.0%
Closed positions	74	25	+196.0%
Increased positions	1	22	-95.5%
Reduced positions	0	20	EXIT

13F shares	Current	Prev Q	Change
Total value	99.01 mm	305.52 bn	-100.0%
Total shares	68.58 mm	133.29 mm	-48.6%
Total puts	0.00	200.00	EXIT
Total calls	0.00	477.00 k	EXIT
Total put/call ratio	–	0.0	–

Largest owners	Shares	Value	Change
Regal Entertainment	40.68 mm	$9.71 mm	0.0%
AMC AMC Entertainment	16.58 mm	$0.00	0.0%
Hotchkis & Wiley Capital Management	6.94 mm	$50.15 mm	+5.6%
CNK Cinemark	4.37 mm	$12.85 mm	0.0%
Byrne Asset Management	3.73 k	$26.30 mm	NEW

Largest transactions	Bought/sold	Change
Blantyre Capital	-26.66 mm	EXIT
BLK BlackRock	-5.36 mm	EXIT
JPM JPMorgan Chase & Co.	-4.87 mm	EXIT
Vanguard	-4.11 mm	EXIT
Wellington Management	-2.79 mm	EXIT
First Eagle Investment Management	-1.97 mm	EXIT
Geode Capital Management	-1.95 mm	EXIT
Ancora Advisors	-1.75 mm	EXIT
Glendon Capital Management	-1.68 mm	EXIT
Manatuck Hill Partners	-1.50 mm	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NCMI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
24 Feb 25	Lesinski Thomas F.	Common Stock	Sell	Dispose S	No	No	6.7927	11,204	76.11 k	241,178
24 Feb 25	Lesinski Thomas F.	Common Stock	Option exercise	Acquire M	No	No	0	22,967	0.00	252,382
24 Feb 25	Lesinski Thomas F.	RSU Common Stock	Option exercise	Dispose M	No	No	0	22,967	0.00	0
26 Dec 24	Lesinski Thomas F.	Common Stock	Sell	Dispose S	No	No	6.5075	167,406	1.09 mm	229,415
26 Dec 24	Lesinski Thomas F.	Common Stock	Option exercise	Acquire M	No	No	0	310,000	0.00	396,821
26 Dec 24	Lesinski Thomas F.	RSU Common Stock	Option exercise	Dispose M	No	No	0	310,000	0.00	0
26 Dec 24	Ronnie Y. Ng	Common Stock	Sell	Dispose S	No	No	6.5075	71,218	463.45 k	96,027
26 Dec 24	Ronnie Y. Ng	Common Stock	Option exercise	Acquire M	No	No	0	155,000	0.00	167,245
26 Dec 24	Ronnie Y. Ng	RSU Common Stock	Option exercise	Dispose M	No	No	0	155,000	0.00	0
26 Dec 24	Maria VG Woods	Common Stock	Sell	Dispose S	No	No	6.5075	23,742	154.50 k	66,987

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

National CineMedia, Inc. to Release Fourth Quarter and Full Year 2024 Results on March 6, 2025

27 Feb 25

National CineMedia, Inc. (NASDAQ:NCMI), the managing member of National CineMedia, LLC ("NCM LLC"), the operator of the largest cinema advertising platform in the U.S., plans to issue its fourth quarter and full year

National CineMedia, Inc. to Host 2025 Investor Day

16 Jan 25

National CineMedia, Inc. (NASDAQ:NCMI) ("the Company" or "NCM"), the managing member and owner of approximately 100% of National CineMedia, LLC (NCM LLC), the operator of the largest cinema advertising platform reaching

National CineMedia Launches 2025 US Young Lions Competition

8 Jan 25

Celebrates 10th year as US Representative for Cannes Lions International Festival of Creativity Introduces new Young Lions Titanium Award sponsored by StrawberryFrog; Mother as new Young Lions Digital Category