Entain Plc (LON:ENT) Insider Ricky Sandler Sells 3,242,667 Shares of Stock

Entain Plc (LON:ENT) insider Ricky Sandler sold 3,242,667 shares of the firm’s stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of GBX 751 ($10.18), for a total value of £24,352,429.17 ($33,002,343.37).

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

• On Thursday, May 1st, Ricky Sandler sold 1,661,500 shares of Entain stock. The stock was sold at an average price of GBX 638 ($8.65), for a total value of £10,600,370 ($14,365,591.54).

Entain Stock Performance

LON ENT opened at GBX 749.38 ($10.16) on Thursday. The business has a 50 day moving average price of GBX 646.87 and a 200 day moving average price of GBX 689.54. The company has a market capitalization of £4.81 billion, a P/E ratio of -10.22, a PEG ratio of 0.92 and a beta of 1.19. Entain Plc has a 1-year low of GBX 452.50 ($6.13) and a 1-year high of GBX 834.20 ($11.31). The company has a debt-to-equity ratio of 188.61, a current ratio of 0.82 and a quick ratio of 0.74.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Berenberg Bank reissued a “buy” rating and issued a GBX 1,000 ($13.55) target price on shares of Entain in a report on Thursday, May 1st. Shore Capital reiterated a “buy” rating on shares of Entain in a report on Tuesday, April 29th.

About Entain

Entain plc (LSE: ENT) is a FTSE100 company and is one of the world’s largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino.