Insider Buying: Entain (LON:ENT) Insider Buys 621,384 Shares of Stock

Key Points

  • Ricky Sandler purchased 621,384 Entain shares on Jan 2 at GBX 767 each, a £4.77 million insider buy.
  • He previously sold 485,188 shares on Dec 1 at GBX 787 and 245,579 shares on Nov 3 at GBX 789, indicating mixed insider activity in recent months.
  • Analysts maintain a consensus "Buy" with a target of GBX 1,135; Entain trades near GBX 778, has a market cap of £4.97 billion and a negative P/E of -9.05.

Entain Plc (LON:ENT - Get Free Report) insider Ricky Sandler purchased 621,384 shares of the business's stock in a transaction on Friday, January 2nd. The shares were bought at an average price of GBX 767 per share, for a total transaction of £4,766,015.28.

Ricky Sandler also recently made the following trade(s):

  • On Monday, December 1st, Ricky Sandler sold 485,188 shares of Entain stock. The shares were sold at an average price of GBX 787, for a total value of £3,818,429.56.
  • On Monday, November 3rd, Ricky Sandler sold 245,579 shares of Entain stock. The shares were sold at an average price of GBX 789, for a total value of £1,937,618.31.

Entain Stock Performance

Shares of Entain stock opened at GBX 777.80 on Tuesday. The business has a 50-day simple moving average of GBX 755.71 and a 200-day simple moving average of GBX 845.51. The company has a debt-to-equity ratio of 188.61, a quick ratio of 0.74 and a current ratio of 0.82. Entain Plc has a one year low of GBX 452.50 and a one year high of GBX 1,031.50. The company has a market cap of £4.97 billion, a PE ratio of -9.05, a P/E/G ratio of 0.92 and a beta of 1.19.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Shore Capital reissued a "buy" rating on shares of Entain in a research report on Wednesday, October 15th. Berenberg Bank dropped their target price on Entain from GBX 1,400 to GBX 1,200 and set a "buy" rating on the stock in a report on Thursday, November 27th. Citigroup cut their price target on Entain from GBX 1,300 to GBX 1,150 and set a "buy" rating on the stock in a research note on Thursday, November 27th. JPMorgan Chase & Co. raised Entain to an "overweight" rating and decreased their price target for the stock from GBX 1,150 to GBX 1,090 in a report on Tuesday, December 2nd. Finally, Peel Hunt reiterated a "buy" rating and issued a GBX 1,100 price objective on shares of Entain in a report on Wednesday, October 15th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Entain currently has an average rating of "Buy" and a consensus target price of GBX 1,135.




Get Our Latest Stock Analysis on ENT

Entain Company Profile

(Get Free Report)

Entain plc (LSE: ENT) is a FTSE100 company and is one of the world's largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis. The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US.

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