Entain Plc (LON:ENT) Insider Ricky Sandler Sells 372,417 Shares

Entain Plc (LON:ENT) insider Ricky Sandler sold 372,417 shares of the firm’s stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of GBX 785 ($9.86), for a total transaction of £2,923,473.45 ($3,672,244.00).

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

• On Friday, April 26th, Ricky Sandler sold 924,505 shares of Entain stock. The shares were sold at an average price of GBX 784 ($9.85), for a total transaction of £7,248,119.20 ($9,104,533.60).

Entain Trading Up 0.3 %

LON ENT opened at GBX 785.40 ($9.87) on Friday. The stock’s 50 day moving average is GBX 811.66 and its 200 day moving average is GBX 886.86. The company has a quick ratio of 0.74, a current ratio of 0.56 and a debt-to-equity ratio of 134.33. The firm has a market capitalization of £5.02 billion, a PE ratio of -557.02, a P/E/G ratio of 0.92 and a beta of 1.29. Entain Plc has a twelve month low of GBX 718.20 ($9.02) and a twelve month high of GBX 1,516.50 ($19.05).

Entain Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, April 26th. Stockholders of record on Thursday, March 14th were given a GBX 8.90 ($0.11) dividend. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend was Thursday, March 14th. Entain’s dividend payout ratio is presently -1,276.60%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,089 ($13.68) price objective on shares of Entain in a research report on Thursday, April 18th. Berenberg Bank restated a “buy” rating and set a GBX 1,140 ($14.32) price target on shares of Entain in a report on Wednesday, April 17th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,140 ($14.32) price objective on shares of Entain in a report on Friday, April 12th. Shore Capital reissued a “buy” rating on shares of Entain in a research note on Wednesday, April 17th. Finally, Barclays downgraded Entain to an “equal weight” rating and decreased their target price for the company from GBX 1,120 ($14.07) to GBX 1,070 ($13.44) in a report on Tuesday, February 6th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,143.17 ($14.36).

About Entain

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.