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Insider Trends: 90-Day Insider Buying Trend at Churchill Downs Interrupted with Sale of Shares

05/10/2021 12:20

04:17 PM EDT, 05/10/2021 (MT Newswires) -- Austin W Miller, SVP, Gaming Operations, on May 06, 2021, sold 3,000 shares in Churchill Downs (CHDN) for $597,801. Subsequent to the Form 4 filing with the SEC, Miller has 25,149 shares of the company, which have a market value of $5.06 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 20 insider transactions reported to the SEC for Churchill Downs. These transactions came from the activities of 11 separate insiders that resulted in a net acquisition of 51,232 company shares. This compares with the preceding 90-day window of time where there were 23 transactions from 11 insiders which resulted in the net disposition of 2,375 shares.

This is lower than the average level of insider transactions in the 23-company Casinos & Gaming peer group over the last 90-day period. Activity in the peer group averaged 59.7 transactions per company, and disposition of 505,916 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/20212/000122520821007863/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.