Genius Brands International, Inc. (NASDAQ: GNUS) stock was down -19.28% to $2.47 in the after-hours. Based on the relationship between its 200-day and 20-day major moving averages, Genius Brands International Inc. (GNUS) has been in rally mode. As a result, shares of GNUS have fallen -5.88% over the past 30 days. During the past year, the stock has moved 826.99% higher, gaining by 98.24% more than that of the market as a whole. Moreover, it has consistently lagged behind the competition by -46.27%.
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Sponsored
Genius Brands International is a growing children’s media company developed, managed, distributed, and licensed for children’s entertainment and retail.
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Latest Development
Genius Brands International, Inc. (NASDAQ: GNUS) will host a sneak peek event to promote the premiere of season one of its new animated kids show, Stan Lee’s Superhero Kindergarten, which will officially premiere on the Kartoon Channel! in spring 2021. A sneak peek weekend event sponsored by toy manufacturer Laser Pegs will be preceded by an introduction from Schwarzenegger himself.
It will air beginning Tomorrow, January 29th at 12:00 pm EST through Sunday, January 31st at 11:59 pm PST, exclusively on Kartoon Channel! (to download the app, please visit https://linktr.ee/kartoonchannel).
Sneak Peek Weekend Event Sponsored by Award-Winning Toy Company Laser Pegs®,
Available Exclusively on Genius Brands’ Kartoon Channel! from
January 29th at 12:00 pm EST – January 31st at 11:59 pm PST
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Insider Ownership
A high insider ownership rate usually means a company’s prospects are good and hence the company’s shares are owned by its insiders. Consequently, the company’s management is motivated to maximize shareholder value by making the company profitable. Heyward Andy, CEO of Genius Brands International Inc., sold 460,574 shares in an exchange that took place on Jun 19. The shares were sold for an average price of 2.94 each, resulting in a total sales value of $1,354,088. Since the close of the Sale, the CEO holds directly 6,881,589 shares, which is now worth about $21057662.34. An SEC legal filing revealing the deal is available for public inspection on the SEC website.