World Wrestling Entertainment, Inc. (NYSE:WWE) President, Michael Luisi reported selling 5,415 shares of Class A common stock, at a price of $11.2 per share. Mr. Luisi currently owns at this $851.51 Million Market Cap integrated media and entertainment company, 118,394 shares. Other insiders have sold this stock during the course of this year. Stephanie Levesque, Chief Brand Officer, sold 140,000 shares, during first quarter 2014, at prices ranging from $ 15.56 to $ 16.17 per share.
Additionally, Jim Simons’ Renaissance Technologies has increased its stake at the company, currently owing almost 2 million shares, valued at more than $57 million, and accounting for 0.13% of the fund’s Equity Portfolio. Jat Capital Management, John Thaler’s hedge fund, has recently started investing at World Wrestling Entertainment, Inc. (NYSE:WWE). The fund holds 974,986 shares, worth around $28 million, accounting for 0.59% of its Equity Portfolio.
Disclosure: None.
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