Anthony Brian Goodman Sells 2,000 Shares of Meridian (NASDAQ:MRDN) Stock

Meridian Holdings Inc. (NASDAQ:MRDN) CEO Anthony Brian Goodman sold 2,000 shares of the firm’s stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $6.30, for a total transaction of $12,600.00. Following the sale, the chief executive officer owned 521,659 shares in the company, valued at approximately $3,286,451.70. The trade was a 0.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Anthony Brian Goodman also recently made the following trade(s):

• On Monday, April 27th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The stock was sold at an average price of $6.41, for a total transaction of $64,100.00.
• On Friday, April 24th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The stock was sold at an average price of $6.34, for a total transaction of $63,400.00.
• On Wednesday, April 22nd, Anthony Brian Goodman sold 4,603 shares of Meridian stock. The stock was sold at an average price of $6.34, for a total transaction of $29,183.02.
• On Friday, April 17th, Anthony Brian Goodman sold 404 shares of Meridian stock. The stock was sold at an average price of $6.90, for a total transaction of $2,787.60.
• On Thursday, April 16th, Anthony Brian Goodman sold 3,876 shares of Meridian stock. The stock was sold at an average price of $6.92, for a total transaction of $26,821.92.
• On Wednesday, April 15th, Anthony Brian Goodman sold 6,900 shares of Meridian stock. The stock was sold at an average price of $6.93, for a total transaction of $47,817.00.
• On Tuesday, April 14th, Anthony Brian Goodman sold 100 shares of Meridian stock. The stock was sold at an average price of $6.90, for a total transaction of $690.00.
• On Monday, April 13th, Anthony Brian Goodman sold 713 shares of Meridian stock. The stock was sold at an average price of $6.90, for a total transaction of $4,919.70.
• On Friday, April 10th, Anthony Brian Goodman sold 903 shares of Meridian stock. The stock was sold at an average price of $6.99, for a total transaction of $6,311.97.
• On Thursday, April 9th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The stock was sold at an average price of $7.00, for a total transaction of $70,000.00.

Meridian Stock Up 11.2%

Shares of NASDAQ:MRDN opened at $11.00 on Friday. Meridian Holdings Inc. has a 12 month low of $5.80 and a 12 month high of $23.76. The company has a current ratio of 0.57, a quick ratio of 0.50 and a debt-to-equity ratio of 0.10. The stock’s fifty day moving average is $7.81. The firm has a market capitalization of $139.37 million, a price-to-earnings ratio of -1.48 and a beta of 0.61.

Meridian (NASDAQ:MRDN) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.18 EPS for the quarter. Meridian had a negative net margin of 45.94% and a negative return on equity of 99.76%. The business had revenue of $50.10 million for the quarter. Research analysts expect that Meridian Holdings Inc. will post -0.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Meridian

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MRDN. Marex Group plc bought a new position in shares of Meridian in the 2nd quarter valued at about $26,000. Virtu Financial LLC bought a new position in shares of Meridian in the 3rd quarter valued at about $33,000. Continuum Advisory LLC grew its position in shares of Meridian by 375.0% in the 4th quarter. Continuum Advisory LLC now owns 57,000 shares of the company’s stock valued at $46,000 after acquiring an additional 45,000 shares during the period. Marshall Wace LLP bought a new position in shares of Meridian in the 2nd quarter valued at about $57,000. Finally, Deutsche Bank AG grew its position in shares of Meridian by 224.4% in the 4th quarter. Deutsche Bank AG now owns 94,695 shares of the company’s stock valued at $76,000 after acquiring an additional 65,501 shares during the period. 2.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings began coverage on shares of Meridian in a research note on Tuesday, April 7th. They issued a “sell (e+)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell” and an average target price of $21.60.

Meridian News Summary

Here are the key news stories impacting Meridian this week:

• Positive Sentiment: Q1 earnings beat and analyst updates — Meridian reported results that topped expectations, prompting analysts to refresh forecasts and investors to re-price the stock higher. Results: Meridian Holdings Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
• Positive Sentiment: Strong forward revenue guidance — management guided 2Q26 revenue growth in the ~18%–23% year-over-year range, reinforcing a narrative of accelerating top?line growth. That guidance is a key driver of the rally. MRDN: 2Q26 Revenue Guidance Represents 18%-23% Y/Y Anticipated Growth
• Positive Sentiment: Q1 showed improving profitability and balance?sheet stability — company disclosures and press coverage highlight progress on margins and liquidity relative to prior periods, supporting sentiment that operations are stabilizing. Meridian Holdings (NASDAQ:MRDN) Q1 Results Reflect Growing Profitability and Balance Sheet Stability
• Neutral Sentiment: Cross?stock comparisons and coverage pieces — several head?to?head and comparative write?ups (e.g., vs. CCC Intelligent Solutions) provide sector context but have not driven material new info specific to Meridian’s near?term outlook. Head to Head Contrast: Meridian (NASDAQ:MRDN) vs. CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC)
• Neutral Sentiment: Small institutional activity — recent filings show modest hedge fund buying and low overall institutional ownership; this background limits how much big?fund flows will amplify the move. Meridian stock page
• Negative Sentiment: Significant insider selling — CEO Anthony Brian Goodman has sold multiple blocks of shares in April (several Form 4 filings), which can weigh on sentiment and suggests some insider liquidity-taking. Insider Selling: Meridian (NASDAQ:MRDN) CEO Sells 2,000 Shares of Stock
• Negative Sentiment: Mixed analyst/street view and weak trailing profitability metrics — at least one recent coverage start was a “sell” and the company still shows negative net margin and ROE on trailing numbers, which are longer?term concerns if growth slows. MarketBeat Meridian coverage

About Meridian

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.