Meridian Holdings Inc. (NASDAQ:MRDN – Get Free Report) CEO Anthony Brian Goodman sold 10,000 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $12.75, for a total transaction of $127,500.00. Following the completion of the sale, the chief executive officer owned 491,659 shares in the company, valued at $6,268,652.25. This represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Anthony Brian Goodman also recently made the following trade(s):
- On Monday, April 27th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The shares were sold at an average price of $6.41, for a total transaction of $64,100.00.
- On Friday, April 24th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The shares were sold at an average price of $6.34, for a total transaction of $63,400.00.
- On Thursday, April 23rd, Anthony Brian Goodman sold 2,000 shares of Meridian stock. The shares were sold at an average price of $6.30, for a total transaction of $12,600.00.
- On Wednesday, April 22nd, Anthony Brian Goodman sold 4,603 shares of Meridian stock. The shares were sold at an average price of $6.34, for a total transaction of $29,183.02.
- On Friday, April 17th, Anthony Brian Goodman sold 404 shares of Meridian stock. The shares were sold at an average price of $6.90, for a total transaction of $2,787.60.
- On Thursday, April 16th, Anthony Brian Goodman sold 3,876 shares of Meridian stock. The shares were sold at an average price of $6.92, for a total transaction of $26,821.92.
- On Wednesday, April 15th, Anthony Brian Goodman sold 6,900 shares of Meridian stock. The shares were sold at an average price of $6.93, for a total transaction of $47,817.00.
- On Tuesday, April 14th, Anthony Brian Goodman sold 100 shares of Meridian stock. The shares were sold at an average price of $6.90, for a total transaction of $690.00.
- On Monday, April 13th, Anthony Brian Goodman sold 713 shares of Meridian stock. The shares were sold at an average price of $6.90, for a total transaction of $4,919.70.
- On Friday, April 10th, Anthony Brian Goodman sold 903 shares of Meridian stock. The shares were sold at an average price of $6.99, for a total transaction of $6,311.97.
Meridian Stock Up 18.9%
Shares of Meridian stock opened at $13.31 on Thursday. The stock has a market cap of $168.64 million, a price-to-earnings ratio of -1.83 and a beta of 0.61. The company has a quick ratio of 0.48, a current ratio of 0.57 and a debt-to-equity ratio of 0.10. The firm has a 50 day moving average of $8.01. Meridian Holdings Inc. has a 52 week low of $5.80 and a 52 week high of $23.76.
Hedge Funds Weigh In On Meridian
Institutional investors have recently bought and sold shares of the business. Marex Group plc purchased a new position in Meridian during the 2nd quarter worth approximately $26,000. Virtu Financial LLC purchased a new position in Meridian during the 3rd quarter worth approximately $33,000. Marshall Wace LLP purchased a new position in Meridian during the 2nd quarter worth approximately $57,000. Topline Capital Management LLC purchased a new position in Meridian during the 2nd quarter worth approximately $90,000. Finally, Continuum Advisory LLC raised its position in Meridian by 375.0% during the 4th quarter. Continuum Advisory LLC now owns 57,000 shares of the company’s stock worth $46,000 after buying an additional 45,000 shares during the last quarter. 2.74% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings initiated coverage on shares of Meridian in a research report on Tuesday, April 7th. They issued a “sell (e+)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell” and a consensus price target of $21.60.
Check Out Our Latest Stock Report on Meridian
Meridian Company Profile
Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region.
Further Reading
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