BYD - Massive Insider Trade At Boyd Gaming | Benzinga
On March 7, a recent SEC filing unveiled that A. Randall Thoman, Director at Boyd Gaming (NYSE:BYD) made an insider sell.
What Happened: After conducting a thorough analysis, Thoman sold 2,500 shares of Boyd Gaming. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total transaction value is $159,375.
The latest update on Friday morning shows Boyd Gaming shares up by 0.5%, trading at $64.23.
Delving into Boyd Gaming's Background
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. When compared to ...