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

Formula One Group (NASDAQ:FWONA) CAO Brian J. Wendling sold 1,094 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $69.57, for a total transaction of $76,109.58. The sale 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 stock was sold at an average price of $73.80, for a total transaction of $738,811.80.

Formula One Group Stock Down 0.9 %

Shares of FWONA opened at $77.45 on Monday. Formula One Group has a fifty-two week low of $55.25 and a fifty-two week high of $79.67. The company has a market cap of $18.20 billion, a P/E ratio of 67.35 and a beta of 0.05. The firm’s 50 day moving average price is $73.39 and its 200 day moving average price is $69.95.

Institutional Trading of 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) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 3,079 shares of the company’s stock, valued at approximately $220,000. Institutional investors own 8.38% of the company’s stock.

Analyst Upgrades and Downgrades

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

Formula One Group Company Profile

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.