Today, the Exec VP and COO of Eldorado Resorts (NASDAQ: ERI), Anthony Carano, sold shares of ERI for $846.2K.
Following Anthony Carano’s last ERI Sell transaction on January 25, 2018, the stock climbed by 9.3%. This is Carano’s first Sell trade following 5 Buy transactions.
See today’s analyst top recommended stocks >>
Based on Eldorado Resorts’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $440 million and quarterly net profit of $20.86 million. In comparison, last year the company earned revenue of $201 million and had a net profit of $1.02 million. ERI’s market cap is $3.25B and the company has a P/E ratio of 38.06. Currently, Eldorado Resorts has an average volume of 480.6K.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $48.25, reflecting a -10.3% downside.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Eldorado Resorts, Inc. is a gaming and hospitality company. The firm owns and operates gaming facilities located in Ohio, Louisiana, Nevada, Pennsylvania and West Virginia.
