Today, the CEO of Penn National Gaming (NASDAQ: PENN), Timothy Wilmott, sold shares of PENN for $368.2K.
Following Timothy Wilmott’s last PENN Sell transaction on February 02, 2016, the stock climbed by 21.2%. In addition to Timothy Wilmott, 4 other PENN executives reported Sell trades in the last month.
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Based on Penn National Gaming’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $816 million and quarterly net profit of $45.44 million. In comparison, last year the company earned revenue of $776 million and had a net profit of $5.1 million. PENN’s market cap is $3.17B and the company has a P/E ratio of 6.08. Currently, Penn National Gaming has an average volume of 1.3M.
Three different firms, including Merrill Lynch and Goldman Sachs, currently also have a Sell rating on the stock.
In the last 30 days, insiders have sold $3.78M worth of PENN shares and purchased $139.7K worth of PENN shares. The insider sentiment on Penn National Gaming has been neutral according to 63 insider trades in the past three months. This sentiment is 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 segments: Northeast; South and West; Midwest; and Other.
