Key Points
- Insider selling: CEO Anthony Brian Goodman sold a total of 38,616 shares from April 8–15 (including 20,000 on April 8), raising roughly $270,300 and trimming his stake to about 532,542 shares (≈$3.69M), a ~3.5% ownership reduction.
- Meridian reported steep losses (quarterly EPS of $(7.09)), with a negative net margin (~49%) and ROE (~-87%), and Weiss Ratings initiated coverage with a Sell rating (consensus: Sell).
- Potential catalyst: subsidiary Expanse Studios launched a proprietary jackpot and tournament system designed to boost player engagement and B2B operator monetization.
Meridian Holdings Inc. Common Stock (NASDAQ:MRDN - Get Free Report) CEO Anthony Brian Goodman sold 6,900 shares of the firm's stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $6.93, for a total value of $47,817.00. Following the transaction, the chief executive officer owned 532,542 shares of the company's stock, valued at $3,690,516.06. The trade was a 1.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Anthony Brian Goodman also recently made the following trade(s):
- On Tuesday, April 14th, Anthony Brian Goodman sold 100 shares of Meridian Holdings Inc. Common Stock stock. The stock was 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 Holdings Inc. Common Stock 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 Holdings Inc. Common Stock stock. The shares were sold at an average price of $6.99, for a total transaction of $6,311.97.
- On Thursday, April 9th, Anthony Brian Goodman sold 10,000 shares of Meridian Holdings Inc. Common Stock stock. The stock was sold at an average price of $7.00, for a total transaction of $70,000.00.
- On Wednesday, April 8th, Anthony Brian Goodman sold 20,000 shares of Meridian Holdings Inc. Common Stock stock. The stock was sold at an average price of $7.03, for a total transaction of $140,600.00.
- On Tuesday, April 7th, Anthony Brian Goodman sold 1,006 shares of Meridian Holdings Inc. Common Stock stock. The shares were sold at an average price of $6.90, for a total transaction of $6,941.40.
- On Tuesday, March 31st, Anthony Brian Goodman sold 248 shares of Meridian Holdings Inc. Common Stock stock. The shares were sold at an average price of $7.25, for a total transaction of $1,798.00.
Meridian Holdings Inc. Common Stock Price Performance
Shares of MRDN opened at $6.89 on Friday. Meridian Holdings Inc. Common Stock has a twelve month low of $5.80 and a twelve month high of $26.52. The company has a market cap of $87.09 million, a P/E ratio of -0.92 and a beta of 0.28. The company has a quick ratio of 0.50, a current ratio of 0.59 and a debt-to-equity ratio of 0.14.
Meridian Holdings Inc. Common Stock (NASDAQ:MRDN - Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The company reported ($7.09) earnings per share (EPS) for the quarter. Meridian Holdings Inc. Common Stock had a negative net margin of 49.16% and a negative return on equity of 87.11%. The business had revenue of $49.58 million during the quarter.
Analyst Ratings Changes
Separately, Weiss Ratings initiated coverage on Meridian Holdings Inc. Common Stock in a research report on Tuesday, April 7th. They set a "sell (e+)" rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Meridian Holdings Inc. Common Stock presently has a consensus rating of "Sell".
Check Out Our Latest Research Report on MRDN
More Meridian Holdings Inc. Common Stock News
Here are the key news stories impacting Meridian Holdings Inc. Common Stock this week:
- Positive Sentiment: Expanse Studios (a Meridian subsidiary) launched a proprietary jackpot and tournament system across its portfolio, adding two jackpot formats and four tournament variants designed to boost player engagement and B2B operator monetization — a potential revenue/engagement catalyst for Meridian. Expanse Studios Launches Proprietary Jackpot and Tournament System
- Negative Sentiment: CEO Anthony Brian Goodman sold a total of 38,616 shares across multiple transactions from April 8–15, 2026 (proceeds ~ $270.3k), reducing his holding to ~532,542 shares (valued at roughly $3.69M). Repeated insider selling can signal liquidity needs or manager profit-taking and may weigh on sentiment for a small-cap name. SEC Form 4 filings
Meridian Holdings Inc. Common Stock Company Profile
(
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
