The Enterprise CTO of Scientific Games is Selling Shares

By George MacDonald

Today, the Enterprise CTO of Scientific Games , Steven Beason, sold stocks of SGMS for $223k.

In addition to Beason, 18 other SGMS executives reported Sell trades in the last month. Following Beason’s last SGMS Sell transaction on March 27, 2015, the stock climbed by 5.6%.

Based on Scientific Games `s latest earnings report from March 31, the company posted quarterly revenue of $658.7M and GAAP net loss of $86.4M. In comparison, last year the company earned revenue of $416.9M and had a GAAP net loss of $72.4M. The company has a one year high of $17.12 and a one year low of $6.97. Currently, Scientific Games has an average volume of 1.61M.

Looking at blogger coverage of SGMS, there is a 100% Bullish tendency on the stock, in relation to a 68% average bullish tendency within the Service sector.

Over the last 3 months, the insider sentiment on Scientific Games has been neutral based on 81 corporate insider transactions. This sentiment is higher than the average sector sentiment of insiders.

Scientific Games Corp develops technology-based products and services and associated contents for gaming and lottery markets. The Company’s business segments are; Instant Products, Lottery Systems and Gaming.