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Insider Selling at Boyd Gaming (BYD) Continues with Significant Sale

05/10/2021 18:34

10:20 PM EDT, 05/10/2021 (MT Newswires) -- A substantial insider sale of the shares of Boyd Gaming was disclosed in a form 4 document filed with the SEC today, showing -- William R Boyd, Director and Officer -- sold 30,000 shares in the company having a market value of approximately $2,017,359. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 145,958 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 175,958 shares and have averaged 29,326 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Boyd Gaming is higher than its 23-company peer group average. The Casinos & Gaming peer group saw 13 buy/sell trades during this period for an average of 0.6 transactions per company. However, the number of shares traded per transaction by Boyd Gaming insiders is lower than its peers. Within the peer group there were 0 shares purchased and 539,358 shares sold with company insiders selling 41,489 shares on average over this time period.

The data obtained in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

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.