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Stephanie McMahon-Levesque has been sell WWE stock like crazy since May  Rate Topic 
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 Posted: Wed Sep 18th, 2013 02:06 pm
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bpickering
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Stephanie McMahon-Levesque continued her recent unloading of WWE stock by selling 5,468 shares on 9/13 at a price of $10.12 and another 14,516 on 9/16 for the price of $9.99. The lower price on Monday came after WWE released downward guidance for the rest of 2013 after the market closed on 9/13. She netted over $200,000 with her most recent sales.

Since May of this year, she has now sold 1,441,000 shares of the WWE stock according to SEC Filings.

You can look at the latest SEC filing by clicking here.

Last edited on Wed Sep 18th, 2013 02:10 pm by bpickering



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 Posted: Wed Sep 18th, 2013 02:19 pm
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Superstar
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 Posted: Thu Sep 19th, 2013 02:07 am
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Was her stock part of the 51% that the McMahons own or the 49% that's public?



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 Posted: Thu Sep 19th, 2013 03:07 am
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Superstar
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BuddyPSHayes wrote: Was her stock part of the 51% that the McMahons own or the 49% that's public?
Public.  The McMahons' stock isn't traded, and is worth more than $9.99 a share.  AND if I'm not mistaken from the IPO, no McMahon can sell their stock unless it's to another McMahon unless all other McMahons pass on the opportunity.



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 Posted: Thu Sep 19th, 2013 01:33 pm
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martini
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Superstar wrote: BuddyPSHayes wrote: Was her stock part of the 51% that the McMahons own or the 49% that's public?
Public.  The McMahons' stock isn't traded, and is worth more than $9.99 a share.  AND if I'm not mistaken from the IPO, no McMahon can sell their stock unless it's to another McMahon unless all other McMahons pass on the opportunity.


Can't blame her for selling it then..

I do wonder what type of insider information she might be privy, too, though, like earnings, etc., that the general public doesn't know about.



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 Posted: Thu Sep 19th, 2013 02:08 pm
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bpickering
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This happen last week Sept 13

No wonder they want to do what is "best for business".  WWE released the following today, after the stock market closed. Suffice it to say, this is not positive news and I would expect the stock to be impacted on Monday.
WWE® Revises 2013 Outlook
 
STAMFORD, Conn.--(BUSINESS WIRE)--WWE (WWE) today announced a revised financial outlook for the full year ending December 31, 2013. The Company expects 2013 OIBDA results, excluding the impact of film impairments, to range between $40 million and $50 million.1,2 The revision is primarily due to several recent developments that caused an approximate 5% reduction in second half revenue expectations. This, coupled with the Company’s high operating leverage, was the primary driver of the change in expected earnings. (See Exhibit: 2013 Outlook below)

"Our revised 2013 Outlook reflects a relatively moderate change in our second half revenue expectations and our continued investment in the WWE brand and our content,” said George Barrios, Chief Financial Officer. “Given the rising value of content in the market place, we believe these investments will maximize WWE’s future earnings as we renegotiate our four largest television distribution agreements and potentially launch a WWE Network.”
            

 Monday Sept 16

On a day where the stock market is up 130 points in early trading, the WWE stock is down 18 cents a share after their announcement on Friday that they adjusted their guidance downward for the rest of the year. It will be interesting to see if the trend continues or if it bounces back.
Again, Friday's announcement was even more curious when one considers that Vince McMahon basically guaranteed a huge jump in the TV rights fees that the company is paid for Raw and Smackdown.

 

Last edited on Thu Sep 19th, 2013 02:10 pm by bpickering



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 Posted: Fri Oct 4th, 2013 10:16 am
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bpickering
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Stephanie McMahon converted 505,000 shares of Class B stock into Class A stock, and then sold about 47,000 shares. You can read more about it by clicking here..



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 Posted: Fri Oct 11th, 2013 11:28 am
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bpickering
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According to The New York Post, the reason that Stephanie McMahon-Levesque has cashed in over $8M in her WWE stock is that she is, according to a statement WWE gave to the Post, "selling a portion of her Class B shares for personal financial purposes that include building a house."

The story also stated that she cashed in about 1/3 of her WWE B (voting) stock to buy the home.

The family still controls WWE decisions as Vince McMahon owns 87 percent of the 10-votes-per-share B class.

You can read the story by clicking here.



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 Posted: Sun Oct 13th, 2013 04:46 pm
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Ultimark



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I remember when the stock first came out. Naturally, I was all hot on buying some shares. I asked my neighbor who knows a ton about this stuff and he told me he would check into it. He came back and told me to not buy it because there wasn't enough "float". No idea what that means but he was right.

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 Posted: Sun Oct 13th, 2013 06:32 pm
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What the hell type of house is she building?  She does not have any liquid assets?  What about her and jackass having any type of income?

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 Posted: Sun Oct 13th, 2013 09:26 pm
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Papa Voo wrote: What the hell type of house is she building?  She does not have any liquid assets?  What about her and jackass having any type of income?

Stocks are liquid assets.  The only thing more liquid is cash itself, and with interest rates the way they are, anyone with a significant amount of money would be crazy to be sitting on that much cash.  Not sure why so many people are so angry at her for selling stock.  She can do whatever she wants with her own assets.



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 Posted: Sun Oct 13th, 2013 09:32 pm
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Ultimark wrote: I remember when the stock first came out. Naturally, I was all hot on buying some shares. I asked my neighbor who knows a ton about this stuff and he told me he would check into it. He came back and told me to not buy it because there wasn't enough "float". No idea what that means but he was right.
I got in on the stock shortly after the IPO and did pretty well.  The dividend was insane at the time until they cut it a few years back, so even though the stock never took off, you could've done OK with it.  I think I got in around 10 and sold at 12.  Never reinvested the dividends, just pocketed them.  The dividend was unheard of for an entertainment company, more along the lines of what a REIT should've been.  Just Vince getting attention.  It crashed shortly after but is back around 11 now.  I kept 1 share as a souvenir just so I can still get the Annual Report mailed to me and I can theoretically go to the stockholder's meetings, although the only one I went to was many years ago when they had it in Times Square at the old WWF New York location.  I was much more into both WWE and the stock market at the time.  But since I still own a share, my brokerage account still tracks the stock so I keep up with it a bit.   

Last edited on Sun Oct 13th, 2013 09:34 pm by srossi



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 Posted: Sun Oct 13th, 2013 10:36 pm
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Ultimark wrote:
I remember when the stock first came out. Naturally, I was all hot on buying some shares. I asked my neighbor who knows a ton about this stuff and he told me he would check into it. He came back and told me to not buy it because there wasn't enough "float". No idea what that means but he was right.

This is the number of shares that are actually available for trade. Without enough float, a stock's price can be way too volatile compared to what it would be if more shares were available for trade.



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 Posted: Thu Nov 7th, 2013 02:11 am
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bpickering wrote:
pwinsider.com

Stephanie McMahon-Levesque continued her recent unloading of WWE stock by selling 5,468 shares on 9/13 at a price of $10.12 and another 14,516 on 9/16 for the price of $9.99. The lower price on Monday came after WWE released downward guidance for the rest of 2013 after the market closed on 9/13. She netted over $200,000 with her most recent sales.

Since May of this year, she has now sold 1,441,000 shares of the WWE stock according to SEC Filings.

You can look at the latest SEC filing by clicking here.


Man she cost herself a ton of money. The stock shot up recently and she could have had 20% more money easily by holding just a month or so longer.

Not that she needs the money... but then again why would she be selling UNLESS she needed the money.

Attachment: Randy and George.jpg (Downloaded 68 times)

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 Posted: Sun Jan 5th, 2014 07:32 pm
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Damn; she really low balled the time to unload. The stock is at $16 now. She cost herself a lot of diapers.

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