BYD - Keith Smith Executes Sell Order: Offloads $6.41M In Boyd Gaming Stock | Benzinga
Disclosed on February 29, Keith Smith, President and CEO at Boyd Gaming (NYSE:BYD), executed a substantial insider sell as per the latest SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Smith sold 100,000 shares of Boyd Gaming. The total transaction amounted to $6,413,500.
At Friday morning, Boyd Gaming shares are down by 2.41%, trading at $64.53.
Discovering Boyd Gaming: A Closer Look
Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly-owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. Midwest and South hold the key number of entertainment properties, and it generate the majority of sales for the company.
Breaking Down Boyd Gaming's Financial Performance
Positive Revenue Trend: Examining Boyd Gaming's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.41% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. ...