On September 20, 2024, Mark Lipparelli, a Director at Golden Entertainment Inc (GDEN, Financial), executed a sale of 10,773 shares of the company. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now owns 72,740 shares of Golden Entertainment Inc.
Golden Entertainment Inc operates as a diversified entertainment company. The company focuses on casino operations but also provides dining, entertainment, and gaming experiences across the United States. Its portfolio includes casinos, taverns, and gaming operations.
Over the past year, the insider has sold a total of 10,773 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been four insider sells and no insider buys over the past year.
On the day of the sale, shares of Golden Entertainment Inc were trading at $32.20. This pricing gives the company a market cap of approximately $888.51 million. The price-earnings ratio of the company stands at 3.53, significantly lower than the industry median of 18.51 and below the company's historical median.
The stock is currently considered to be Fairly Valued with a price-to-GF Value ratio of 1.11, based on a GF Value of $28.99. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates from analysts.
This insider sale might interest investors tracking ownership changes and evaluating the company's current valuation metrics, including the price-to-free cash flow, price-sales ratio, and price-book ratio.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
