Entain Plc (LON:ENT) Insider Sells £1,783,585.04 in Stock

Entain Plc (LON:ENT) insider Ricky Sandler sold 232,844 shares of the company’s stock in a transaction on Wednesday, October 2nd. The shares were sold at an average price of GBX 766 ($10.25), for a total value of £1,783,585.04 ($2,385,747.78).

Ricky Sandler also recently made the following trade(s):

• On Thursday, September 12th, Ricky Sandler sold 369,470 shares of Entain stock. The shares were sold at an average price of GBX 707 ($9.46), for a total value of £2,612,152.90 ($3,494,051.50).
• On Tuesday, August 13th, Ricky Sandler purchased 555,333 shares of Entain stock. The shares were bought at an average cost of GBX 580 ($7.76) per share, with a total value of £3,220,931.40 ($4,308,361.96).

Entain Price Performance

Shares of LON ENT traded up GBX 4.40 ($0.06) during mid-day trading on Friday, reaching GBX 763.60 ($10.21). The company’s stock had a trading volume of 1,407,858 shares, compared to its average volume of 3,694,138. The firm has a market capitalization of £4.88 billion, a PE ratio of -1,193.13, a P/E/G ratio of 0.92 and a beta of 1.19. The company has a debt-to-equity ratio of 154.96, a current ratio of 0.67 and a quick ratio of 0.74. The stock has a fifty day moving average of GBX 655.14 and a two-hundred day moving average of GBX 704.61. Entain Plc has a 52 week low of GBX 498.50 ($6.67) and a 52 week high of GBX 1,034 ($13.83).

Entain Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 20th. Stockholders of record on Thursday, August 15th were paid a GBX 9.30 ($0.12) dividend. This is a positive change from Entain’s previous dividend of $8.90. The ex-dividend date of this dividend was Thursday, August 15th. This represents a dividend yield of 1.78%. Entain’s dividend payout ratio is -2,968.75%.

Analyst Ratings Changes

Several analysts have issued reports on the company. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Entain in a report on Wednesday, September 11th. Berenberg Bank boosted their price target on Entain from GBX 1,020 ($13.64) to GBX 1,030 ($13.78) and gave the company a “buy” rating in a report on Tuesday, September 17th. Shore Capital reissued a “buy” rating on shares of Entain in a report on Monday, September 9th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 1,140 ($15.25) price target on shares of Entain in a report on Monday, June 24th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of GBX 1,029.80 ($13.77).

Entain Company Profile

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.