The EVP, Operations of Pinnacle Entertainment (NYSE: PNK) is Buying Shares

By Carrie Williams

Today, the EVP, Operations of Pinnacle Entertainment (NYSE: PNK), Neil Walkoff, bought shares of PNK for $84.4K.

Following Neil Walkoff’s last PNK Buy transaction on June 16, 2014, the stock climbed by 8.8%. Following this transaction Neil Walkoff’s holding in the company was increased by 9.07% to a total of $7.78 million.

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PNK’s market cap is $1.97B and the company has a P/E ratio of 31.04. Currently, Pinnacle Entertainment has an average volume of 362.3K.

12 different firms, including Barclays and Merrill Lynch, currently also have a Buy rating on the stock.

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Pinnacle Entertainment, Inc. owns, operates, and develops the casinos, related hospitality and entertainment facilities. It also provides games, restaurants, hotel accommodations, entertainment and other amenities with guest service and guest rewards programs. It operates through the following segments: Midwest, South, and West.