The Chief Executive Officer of Wynn Resorts is Exercising Options

Yesterday it was reported that the Chief Executive Officer of Wynn Resorts (WYNN), Matt O Maddox, exercised options to sell 5,966 WYNN shares for a total transaction value of $673.1K.

Following Matt O Maddox’s last WYNN Sell transaction on November 06, 2020, the stock climbed by 26.8%.

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The company has a one-year high of $153.41 and a one-year low of $35.84. WYNN’s market cap is $12.17 billion and the company has a P/E ratio of -6.40.

Based on 11 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $101.60, reflecting a 11.4% upside.

The insider sentiment on Wynn Resorts has been negative according to 75 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Matt O Maddox’s trades have generated a -19.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Wynn Resorts Ltd. operates as a holding company, which engages in the development, ownership and operation of destination casino resorts. It operates through the following segments: Wynn Macau, Wynn Palace and Las Vegas Operations. The Las Vegas Operations segment covers Wynn Las Vegas and Encore. The company was founded by Stephen Alan Wynn, Elaine P. Wynn and Kazuo Okada in 2002 and is headquartered in Las Vegas, NV.

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