Meridian Holdings Inc. (NASDAQ:MRDN – Get Free Report) CEO Anthony Brian Goodman sold 7,000 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $13.04, for a total value of $91,280.00. Following the completion of the sale, the chief executive officer owned 472,463 shares of the company’s stock, valued at $6,160,917.52. The trade was a 1.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Anthony Brian Goodman also recently made the following trade(s):
- On Friday, June 12th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The shares were sold at an average price of $12.68, for a total value of $126,800.00.
- On Thursday, June 11th, Anthony Brian Goodman sold 9,000 shares of Meridian stock. The shares were sold at an average price of $13.02, for a total value of $117,180.00.
- On Friday, May 22nd, Anthony Brian Goodman sold 12,196 shares of Meridian stock. The shares were sold at an average price of $10.37, for a total value of $126,472.52.
- On Monday, May 4th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The shares were sold at an average price of $12.75, for a total value of $127,500.00.
- On Monday, April 27th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The shares were sold at an average price of $6.41, for a total value of $64,100.00.
- On Friday, April 24th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The shares were sold at an average price of $6.34, for a total value of $63,400.00.
- On Thursday, April 23rd, Anthony Brian Goodman sold 2,000 shares of Meridian stock. The shares were sold at an average price of $6.30, for a total value of $12,600.00.
- On Wednesday, April 22nd, Anthony Brian Goodman sold 4,603 shares of Meridian stock. The shares were sold at an average price of $6.34, for a total value of $29,183.02.
- On Friday, April 17th, Anthony Brian Goodman sold 404 shares of Meridian stock. The shares were sold at an average price of $6.90, for a total value of $2,787.60.
- On Thursday, April 16th, Anthony Brian Goodman sold 3,876 shares of Meridian stock. The shares were sold at an average price of $6.92, for a total value of $26,821.92.
Meridian Stock Up 11.8%
MRDN opened at $14.32 on Friday. Meridian Holdings Inc. has a 12-month low of $5.80 and a 12-month high of $22.78. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.57 and a quick ratio of 0.48. The stock has a market capitalization of $181.43 million, a price-to-earnings ratio of -1.97 and a beta of 0.67. The firm has a fifty day simple moving average of $9.70.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on MRDN shares. Weiss Ratings started coverage on shares of Meridian in a research note on Tuesday, April 7th. They issued a “sell (e+)” rating on the stock. Wall Street Zen raised shares of Meridian to a “strong-buy” rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Meridian presently has a consensus rating of “Sell” and an average target price of $21.60.
Check Out Our Latest Stock Analysis on Meridian
Hedge Funds Weigh In On Meridian
Hedge funds have recently bought and sold shares of the business. Marex Group plc acquired a new position in Meridian during the second quarter worth $26,000. Virtu Financial LLC acquired a new position in Meridian during the third quarter worth $33,000. Continuum Advisory LLC increased its position in Meridian by 375.0% during the fourth quarter. Continuum Advisory LLC now owns 57,000 shares of the company’s stock worth $46,000 after buying an additional 45,000 shares during the last quarter. Marshall Wace LLP acquired a new position in Meridian during the second quarter worth $57,000. Finally, Deutsche Bank AG increased its position in Meridian by 224.4% during the fourth quarter. Deutsche Bank AG now owns 94,695 shares of the company’s stock worth $76,000 after buying an additional 65,501 shares during the last quarter. 2.74% of the stock is owned by institutional investors and hedge funds.
Meridian Company Profile
Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region.
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