On December 26, 2023, Jay Snowden, President and CEO of PENN Entertainment Inc (NASDAQ:PENN), executed a sale of 172,930 shares of the corporate. The transaction was filed with the SEC and may be present in element by means of the next SEC Filing.

PENN Entertainment Inc operates as an omnichannel supplier of retail and on-line gaming, stay racing, and sports activities betting leisure. The firm’s portfolio contains gaming and racing properties, video gaming terminal operations, and on-line sports activities betting and iGaming actions.

Over the previous 12 months, the insider has offered a complete of 172,930 shares and has not made any purchases of the corporate’s inventory.

The insider transaction historical past for PENN Entertainment Inc signifies a balanced exercise from insiders, with 3 insider buys and three insider sells recorded over the previous 12 months.

On the date of the insider’s latest transaction, shares of PENN Entertainment Inc had been buying and selling at $25.25, leading to a market cap of $4.036 billion.

The inventory’s price-to-GF-Value ratio stood at 0.57, with a GF Value of $44.47, suggesting that the inventory is categorized as a Possible Value Trap, Think Twice in accordance with GuruFocus’s valuation mannequin.

The GF Value is decided by contemplating historic buying and selling multiples equivalent to price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free money stream, together with a GuruFocus adjustment issue primarily based on the corporate’s historic returns and progress, and future enterprise efficiency estimates from Morningstar analysts.

This article, generated by GuruFocus, is designed to supply common insights and isn’t tailor-made monetary recommendation. Our commentary is rooted in historic knowledge and analyst projections, using an neutral methodology, and isn’t supposed to function particular funding steerage. It doesn’t formulate a advice to buy or divest any inventory and doesn’t take into account particular person funding aims or monetary circumstances. Our goal is to ship long-term, basic data-driven evaluation. Be conscious that our evaluation may not incorporate the latest, price-sensitive firm bulletins or qualitative info. GuruFocus holds no place within the shares talked about herein.

This article first appeared on GuruFocus.