The EVP, CFO & Treas of Boyd Gaming is Exercising Options

By Carrie Williams

Yesterday it was reported that the EVP, CFO & Treas of Boyd Gaming (BYDResearch Report), Josh Hirsberg, exercised options to sell 35,510 BYD shares at $7.16 a share, for a total transaction value of $1.06M.

Following Josh Hirsberg’s last BYD Sell transaction on December 14, 2018, the stock climbed by 5.9%. This is Hirsberg’s first Sell trade following 4 Buy transactions.

See today’s analyst top recommended stocks >>

Based on Boyd Gaming’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $820 million and quarterly net profit of $39.41 million. In comparison, last year the company earned revenue of $612 million and had a net profit of $11.84 million. The company has a one-year high of $31.80 and a one-year low of $18.98. BYD’s market cap is $3.3B and the company has a P/E ratio of 21.68.

In the last 30 days, insiders have sold $1.36M worth of BYD shares and purchased $424.7K worth of BYD shares. The insider sentiment on Boyd Gaming has been negative according to 54 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

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.

Boyd Gaming Corp. engages in the management and operation of gaming and entertainment properties. It operates through the following segments: Las Vegas Locals, Downtown Las Vegas, and Midwest & South. The Las Vegas Locals segment consists of casinons that serve the resident population of the Las Vegas metropolitan area.