Meridian Holdings Inc. (NASDAQ:MRDN - Get Free Report) CEO Anthony Brian Goodman sold 2,000 shares of the firm's stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $6.30, for a total transaction of $12,600.00. Following the sale, the chief executive officer directly owned 521,659 shares in the company, valued at approximately $3,286,451.70. The trade was a 0.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Anthony Brian Goodman also recently made the following trade(s):
- 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 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.
- On Wednesday, April 15th, Anthony Brian Goodman sold 6,900 shares of Meridian stock. The stock was sold at an average price of $6.93, for a total transaction of $47,817.00.
- On Tuesday, April 14th, Anthony Brian Goodman sold 100 shares of Meridian 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 stock. The stock was 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 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 stock. The stock was sold at an average price of $7.00, for a total transaction of $70,000.00.
Meridian Stock Performance
Shares of MRDN opened at $9.89 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.50 and a current ratio of 0.57. The company has a market cap of $125.31 million, a PE ratio of -1.33 and a beta of 0.28. Meridian Holdings Inc. has a 12-month low of $5.80 and a 12-month high of $23.76.
Meridian (NASDAQ:MRDN - Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $50.10 million for the quarter. Meridian had a negative net margin of 45.94% and a negative return on equity of 99.76%. As a group, analysts expect that Meridian Holdings Inc. will post -0.05 earnings per share for the current year.
Hedge Funds Weigh In On Meridian
Hedge funds and other institutional investors have recently bought and sold shares of the company. Marex Group plc purchased a new position in Meridian in the 2nd quarter valued at $26,000. Virtu Financial LLC purchased a new position in Meridian in the 3rd quarter valued at $33,000. Continuum Advisory LLC grew its position in Meridian by 375.0% in the 4th quarter. Continuum Advisory LLC now owns 57,000 shares of the company's stock valued at $46,000 after buying an additional 45,000 shares during the last quarter. Marshall Wace LLP purchased a new position in Meridian in the 2nd quarter valued at $57,000. Finally, Deutsche Bank AG grew its position in Meridian by 224.4% in the 4th quarter. Deutsche Bank AG now owns 94,695 shares of the company's stock valued at $76,000 after buying an additional 65,501 shares during the last quarter. 2.74% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings started coverage on shares of Meridian in a research report on Tuesday, April 7th. They set a "sell (e+)" rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of "Sell" and a consensus target price of $21.60.
Check Out Our Latest Research Report on Meridian
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.
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