Representative Susie Lee (D-Nevada) recently sold shares of Wynn Resorts, Limited (NASDAQ:WYNN). In a filing disclosed on April 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Wynn Resorts stock on March 14th. The trade occurred in the Representative’s “SUZANNE K LEE TRUST > FIDELITY BROKERAGE 402” account.
Representative Susie Lee also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Full House Resorts (NASDAQ:FLL) on 3/28/2025.
- Sold $15,001 – $50,000 in shares of Full House Resorts (NASDAQ:FLL) on 3/20/2025.
- Sold $1,001 – $15,000 in shares of Sony Group (NYSE:SONY) on 3/14/2025.
- Sold $1,001 – $15,000 in shares of Marriott International (NASDAQ:MAR) on 3/14/2025.
- Sold $1,001 – $15,000 in shares of Century Casinos (NASDAQ:CNTY) on 3/14/2025.
- Sold $15,001 – $50,000 in shares of Starbucks (NASDAQ:SBUX) on 3/14/2025.
- Sold $1,001 – $15,000 in shares of Golden Entertainment (NASDAQ:GDEN) on 3/14/2025.
- Sold $1,001 – $15,000 in shares of Tennant (NYSE:TNC) on 3/14/2025.
- Sold $1,001 – $15,000 in shares of MGM Resorts International (NYSE:MGM) on 3/14/2025.
- Sold $1,001 – $15,000 in shares of Carnival Co. & (NYSE:CCL) on 3/14/2025.
Wynn Resorts Price Performance
Wynn Resorts stock traded up $1.36 during mid-day trading on Tuesday, reaching $74.90. 2,024,067 shares of the company were exchanged, compared to its average volume of 2,461,565. The firm has a market cap of $7.95 billion, a PE ratio of 17.79, a PEG ratio of 2.35 and a beta of 1.53. The company has a fifty day simple moving average of $83.10 and a 200-day simple moving average of $88.49. Wynn Resorts, Limited has a 12 month low of $65.25 and a 12 month high of $107.81.
Wynn Resorts Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend was Monday, February 24th. Wynn Resorts’s dividend payout ratio is currently 23.75%.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP grew its stake in Wynn Resorts by 90.6% during the third quarter. Wellington Management Group LLP now owns 115,707 shares of the casino operator’s stock worth $11,094,000 after purchasing an additional 54,995 shares during the period. Brandywine Global Investment Management LLC bought a new position in shares of Wynn Resorts during the 4th quarter worth approximately $5,216,000. Raymond James Financial Inc. bought a new stake in shares of Wynn Resorts in the 4th quarter valued at $75,872,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Wynn Resorts in the 4th quarter valued at $2,270,000. Finally, Empirical Asset Management LLC bought a new position in Wynn Resorts during the fourth quarter worth $903,000. 88.64% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on WYNN shares. Barclays lifted their price target on Wynn Resorts from $115.00 to $116.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Macquarie reissued an “outperform” rating and set a $115.00 target price on shares of Wynn Resorts in a research note on Friday, February 14th. Stifel Nicolaus raised their price target on shares of Wynn Resorts from $123.00 to $128.00 and gave the company a “buy” rating in a research note on Friday, February 14th. StockNews.com cut shares of Wynn Resorts from a “buy” rating to a “hold” rating in a research report on Wednesday, March 12th. Finally, Mizuho raised their target price on shares of Wynn Resorts from $118.00 to $132.00 and gave the company an “outperform” rating in a research report on Friday, February 14th. Two investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $119.58.
Get Our Latest Stock Analysis on WYNN
Insiders Place Their Bets
In other news, Director Philip G. Satre bought 22,200 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average cost of $92.18 per share, for a total transaction of $2,046,396.00. Following the acquisition, the director now directly owns 34,195 shares in the company, valued at approximately $3,152,095.10. This trade represents a 185.08 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Tilman J. Fertitta purchased 5,025 shares of Wynn Resorts stock in a transaction that occurred on Friday, March 21st. The stock was acquired at an average cost of $80.99 per share, with a total value of $406,974.75. Following the transaction, the insider now owns 10,905,025 shares in the company, valued at $883,197,974.75. This trade represents a 0.05 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 438,700 shares of company stock worth $31,300,943. 0.52% of the stock is currently owned by company insiders.
About Representative Lee
Susie Lee (Democratic Party) is a member of the U.S. House, representing Nevada’s 3rd Congressional District. She assumed office on January 3, 2019. Her current term ends on January 3, 2027.
Lee (Democratic Party) is running for re-election to the U.S. House to represent Nevada’s 3rd Congressional District. She declared candidacy for the 2026 election.
Susie Lee attended Carnegie Mellon University in Pittsburgh and graduated with honors, earning a master’s degree in public management. After college, she worked in Massachusetts at an environmental and economic consulting firm that specialized in water resource issues. She moved to Las Vegas, Nevada, in 1993, where she then worked as a campaign policy advisor to Las Vegas Mayor Jan Laverty Jones and founded a homeless shelter for parents and children in need. In 2010, she became the president of the board of Communities In Schools of Nevada (CIS), a program that seeks to lower high school dropout rates. Lee has served on several other boards and committees in the Las Vegas area.
Wynn Resorts Company Profile
Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.
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