Key Points
- CEO Anthony Brian Goodman sold approximately 48,753 shares across multiple transactions in March–April (including 20,000 on Apr 8 and 10,000 on Apr 9), reducing his stake to 528,666 shares (a 0.73% ownership decrease).
- Meridian reported a large quarterly loss (EPS of -$7.09) with negative profitability metrics (ROE -87.11%, net margin -49.16%) and a market cap around $79.5M, and analysts including Weiss Ratings maintain an average Sell rating.
Meridian Holdings Inc. Common Stock (NASDAQ:MRDN - Get Free Report) CEO Anthony Brian Goodman sold 3,876 shares of the company's stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $6.92, for a total value of $26,821.92. Following the transaction, the chief executive officer directly owned 528,666 shares in the company, valued at $3,658,368.72. This represents a 0.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Anthony Brian Goodman also recently made the following trade(s):
- On Wednesday, April 22nd, Anthony Brian Goodman sold 4,603 shares of Meridian Holdings Inc. Common Stock stock. The shares were sold at an average price of $6.34, for a total value of $29,183.02.
- On Friday, April 17th, Anthony Brian Goodman sold 404 shares of Meridian Holdings Inc. Common Stock stock. The stock was sold at an average price of $6.90, for a total value of $2,787.60.
- On Wednesday, April 15th, Anthony Brian Goodman sold 6,900 shares of Meridian Holdings Inc. Common Stock stock. The stock was sold at an average price of $6.93, for a total value of $47,817.00.
- On Tuesday, April 14th, Anthony Brian Goodman sold 100 shares of Meridian Holdings Inc. Common Stock 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 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 stock was 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 value of $1,798.00.
Meridian Holdings Inc. Common Stock Price Performance
Shares of MRDN stock opened at $6.29 on Friday. Meridian Holdings Inc. Common Stock has a fifty-two week low of $5.80 and a fifty-two week high of $25.92. The stock has a market capitalization of $79.51 million, a PE ratio of -0.84 and a beta of 0.28. The company has a current ratio of 0.59, a quick ratio of 0.50 and a debt-to-equity ratio of 0.14.
Meridian Holdings Inc. Common Stock (NASDAQ:MRDN - Get Free Report) last released its earnings results on Tuesday, March 31st. The company reported ($7.09) EPS for the quarter. The firm had revenue of $49.58 million for the quarter. Meridian Holdings Inc. Common Stock had a negative return on equity of 87.11% and a negative net margin of 49.16%. As a group, equities analysts predict that Meridian Holdings Inc. Common Stock will post -0.05 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Separately, Weiss Ratings assumed coverage on shares of Meridian Holdings Inc. Common Stock in a research note on Tuesday, April 7th. They set a "sell (e+)" rating for the company. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of "Sell".
View Our Latest Research Report on Meridian Holdings Inc. Common Stock
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.
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