Entain (LON:ENT) Insider Purchases £4,766,015.28 in Stock

Entain Plc (LON:ENT) insider Ricky Sandler bought 621,384 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was bought at an average price of GBX 767 per share, for a total transaction of £4,766,015.28.

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

• On Monday, December 1st, Ricky Sandler sold 485,188 shares of Entain stock. The stock was sold at an average price of GBX 787, for a total transaction of £3,818,429.56.
• On Monday, November 3rd, Ricky Sandler sold 245,579 shares of Entain stock. The shares were sold at an average price of GBX 789, for a total transaction of £1,937,618.31.

Entain Stock Performance

Shares of LON ENT traded up GBX 6.40 during midday trading on Monday, reaching GBX 777.80. The company had a trading volume of 1,023,928 shares, compared to its average volume of 44,053,355. Entain Plc has a 1 year low of GBX 452.50 and a 1 year high of GBX 1,031.50. The business’s 50-day simple moving average is GBX 756.35 and its 200 day simple moving average is GBX 845.93. The company has a current ratio of 0.82, a quick ratio of 0.74 and a debt-to-equity ratio of 188.61. The stock has a market cap of £4.97 billion, a P/E ratio of -9.05, a P/E/G ratio of 0.92 and a beta of 1.19.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Shore Capital reaffirmed a “buy” rating on shares of Entain in a report on Wednesday, October 15th. JPMorgan Chase & Co. upgraded shares of Entain to an “overweight” rating and decreased their price objective for the company from GBX 1,150 to GBX 1,090 in a research note on Tuesday, December 2nd. Citigroup cut their price objective on shares of Entain from GBX 1,300 to GBX 1,150 and set a “buy” rating on the stock in a research note on Thursday, November 27th. Peel Hunt reissued a “buy” rating and set a GBX 1,100 target price on shares of Entain in a report on Wednesday, October 15th. Finally, Berenberg Bank lowered their price target on shares of Entain from GBX 1,400 to GBX 1,200 and set a “buy” rating on the stock in a report on Thursday, November 27th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Entain presently has an average rating of “Buy” and an average target price of GBX 1,135.

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. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US.