Sphere Entertainment Co SPHR Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Brunner Gregory

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-1,479

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Brunner Gregory

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-533

Price:

$42.23
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Brunner Gregory

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

1,479

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Koester Jennifer

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-6,829

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Koester Jennifer

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-11,988

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Koester Jennifer

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-9,605

Price:

$42.23
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Koester Jennifer

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

6,829

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Koester Jennifer

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

11,988

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Franco Laura

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-1,092

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Franco Laura

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-6,641

Price:

--

Filings by filing date

Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Brunner Gregory

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-1,479

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Brunner Gregory

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-533

Price:

$42.23
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Brunner Gregory

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

1,479

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Koester Jennifer

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-6,829

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Koester Jennifer

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-11,988

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Koester Jennifer

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-9,605

Price:

$42.23
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Koester Jennifer

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

6,829

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Koester Jennifer

Ownership Type:

Direct Ownership

Securities:

Class A Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

11,988

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Franco Laura

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-1,092

Price:

--
Sep 13, 2024 (filed on Sep 17, 2024)

Insider Name:

Franco Laura

Ownership Type:

Direct Ownership

Securities:

Restricted Stock Units

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-6,641

Price:

--

News

Biz Brief

Sector: Consumer Cyclicals	Industry: Entertainment Production

See Regulatory Filings on SEC

Company Contact

Address:	Two Pennsylvania Plaza NEW YORK NY 10121
Tel:	1-212-6315422
Website:	https://www.msgentertainment.com
IR:	See website

Key People

James Lawrence Dolan Executive Chairman of the Board, Chief Executive Officer	David F. Byrnes Chief Financial Officer, Executive Vice President, Treasurer	Andrea Greenberg President, Chief Executive Officer - MSG Networks
Laura Franco Executive Vice President, General Counsel	David Granville-Smith Executive Vice President	Gregory Brunner Senior Vice President, Principal Accounting Officer, Controller

Business Overview

Sphere Entertainment Co. is a live entertainment and media company. The Company's segments include Sphere and MSG Networks. The Sphere is an entertainment medium, and MSG Networks operates two regional sports and entertainment networks, as well as a direct-to-consumer (DTC) and authenticated streaming product. Sphere segment reflects Sphere, an entertainment medium powered by cutting-edge technologies to create multi-sensory experiences at an unparalleled scale. The MSG Networks segment comprises the Company's regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as its DTC streaming product, MSG+. MSG Networks serves the New York Designated Market Area, as well as other portions of New York, New Jersey, Connecticut and Pennsylvania and features a wide range of sports content, including live local games and other programming of the New York Knicks of the National Basketball Association and the New York Rangers, New York Islanders and others.

Financial Overview

For the fiscal year ended 30 June 2024, Sphere Entertainment Co revenues increased 79% to $1.03B. Net loss before extraordinary items totaled $224.6M vs. income of $173M. Revenues reflect Sphere segment increase from $2.6M to $497.2M. Net loss reflects Sphere segment loss increase of 30% to $480.4M, United States segment loss increase of 25% to $341.2M. Basic Earnings per Share excluding Extraordinary Items decreased from $4.99 to -$6.36.

Employees:	970 as of Jun 30, 2024

Reporting Currency:	U.S. Dollars
Enterprise value:	$2,400M as of Jun 30, 2024
Annual revenue (TTM):	$1,027M as of Jun 30, 2024
EBITDA (TTM):	$36.17M as of Jun 30, 2024
Net annual income (TTM):	-$224.63M as of Jun 30, 2024
Free cash flow (TTM):	-$284.36M as of Jun 30, 2024
Net Debt Last Fiscal Year:	$812.42M as of Jun 30, 2024
Shares outstanding:	35,360,123 as of Jul 31, 2024
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization