Today, the EVP & CFO of Penn National Gaming (PENN), William J. Fair, bought shares of PENN for $159.2K.
Following this transaction William J. Fair’s holding in the company was increased by 45.21% to a total of $880K. Following William J. Fair’s last PENN Buy transaction on December 01, 2015, the stock climbed by 8.5%.
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Based on Penn National Gaming’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.16 billion and GAAP net loss of $42.03 million. In comparison, last year the company earned revenue of $769 million and had a GAAP net loss of $309 million. PENN’s market cap is $2.26B and the company has a P/E ratio of 23.09. The Company has a Price to Book ratio of 32.0224.
Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $27.75, reflecting a 13.0% upside.
The insider sentiment on Penn National Gaming has been positive according to 66 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Penn National Gaming, Inc. owns and manages gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. It operates through the following business segments: Northeast; South and West; Midwest; and Other.
