Insider Selling: Meridian (NASDAQ:MRDN) CEO Sells $126,800.00 in Stock

Posted by Patrick Bannon on Jun 15th, 2026

Meridian Holdings Inc. (NASDAQ:MRDN – Get Free Report) CEO Anthony Brian Goodman sold 10,000 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $12.68, for a total transaction of $126,800.00. Following the completion of the transaction, the chief executive officer directly owned 453,463 shares of the company’s stock, valued at $5,749,910.84. The trade was a 2.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Anthony Brian Goodman also recently made the following trade(s):

On Thursday, June 11th, Anthony Brian Goodman sold 9,000 shares of Meridian stock. The stock was sold at an average price of $13.02, for a total transaction of $117,180.00.
On Wednesday, June 10th, Anthony Brian Goodman sold 7,000 shares of Meridian stock. The stock was sold at an average price of $13.04, for a total transaction of $91,280.00.
On Friday, May 22nd, Anthony Brian Goodman sold 12,196 shares of Meridian stock. The stock was sold at an average price of $10.37, for a total transaction of $126,472.52.
On Monday, May 4th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The stock was sold at an average price of $12.75, for a total transaction of $127,500.00.
On Monday, April 27th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $6.92, for a total transaction of $26,821.92.

Meridian Trading Down 0.1%

MRDN opened at $14.32 on Monday. Meridian Holdings Inc. has a 12-month low of $5.80 and a 12-month high of $22.78. 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 stock has a market cap of $181.42 million, a price-to-earnings ratio of -1.97 and a beta of 0.67. The stock’s 50 day simple moving average is $9.70.

Meridian (NASDAQ:MRDN – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.18 earnings per share (EPS) for the quarter. Meridian had a negative net margin of 45.94% and a negative return on equity of 99.65%. The company had revenue of $50.10 million during the quarter. As a group, analysts predict that Meridian Holdings Inc. will post 0.33 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on MRDN shares. Wall Street Zen raised shares of Meridian to a “strong-buy” rating in a report on Saturday, May 9th. Weiss Ratings started coverage on shares of Meridian in a report on Tuesday, April 7th. They set a “sell (e+)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell” and a consensus target price of $21.60.

Check Out Our Latest Stock Report on MRDN

Hedge Funds Weigh In On Meridian

Several institutional investors have recently made changes to their positions in MRDN. Marex Group plc purchased a new stake in Meridian in the 2nd quarter worth $26,000. Virtu Financial LLC purchased a new stake in Meridian in the 3rd quarter worth $33,000. Continuum Advisory LLC increased its holdings in Meridian by 375.0% in the 4th quarter. Continuum Advisory LLC now owns 57,000 shares of the company’s stock worth $46,000 after acquiring an additional 45,000 shares in the last quarter. Marshall Wace LLP purchased a new stake in Meridian in the 2nd quarter worth $57,000. Finally, Deutsche Bank AG increased its holdings in Meridian by 224.4% in the 4th quarter. Deutsche Bank AG now owns 94,695 shares of the company’s stock worth $76,000 after acquiring an additional 65,501 shares in the last quarter. 2.74% of the stock is owned by hedge funds and other institutional investors.

About Meridian

(Get Free Report)

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.