Eldorado Resorts Inc. (ERI) Insider Purchases $50,610.00 in Stock
Eldorado Resorts Inc. (NASDAQ:ERI) insider Thomas Reeg purchased 4,200 shares of the firm’s stock in a transaction that occurred on Friday, November 11th. The shares were acquired at an average price of $12.05 per share, for a total transaction of $50,610.00. Following the completion of the transaction, the insider now owns 43,700 shares in the company, valued at $526,585. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Eldorado Resorts Inc. (NASDAQ:ERI) opened at 13.15 on Thursday. The company has a market capitalization of $619.43 million, a price-to-earnings ratio of 4.70 and a beta of 0.99. The firm has a 50-day moving average price of $12.80 and a 200-day moving average price of $13.94. Eldorado Resorts Inc. has a 12 month low of $8.47 and a 12 month high of $15.60.
A number of research firms recently commented on ERI. SunTrust Banks Inc. began coverage on Eldorado Resorts in a research report on Friday, August 19th. They set a “buy” rating and a $17.00 price target on the stock. Imperial Capital increased their price target on Eldorado Resorts from $18.00 to $19.00 and gave the stock an “outperform” rating in a research report on Monday, August 15th. Finally, Zacks Investment Research lowered Eldorado Resorts from a “hold” rating to a “sell” rating in a research report on Monday, November 7th.
Eldorado Resorts Company Profile
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