Entain Plc (LON:ENT) Insider Sells £2,923,473.45 in Stock

Entain Plc (LON:ENT) insider Ricky Sandler sold 372,417 shares of Entain stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of GBX 785 ($9.86), for a total value of £2,923,473.45 ($3,672,244.00).

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

• On Friday, April 26th, Ricky Sandler sold 924,505 shares of Entain stock. The shares were sold at an average price of GBX 784 ($9.85), for a total value of £7,248,119.20 ($9,104,533.60).

Entain Price Performance

Entain stock opened at GBX 785.40 ($9.87) on Monday. The stock’s 50 day moving average is GBX 809.14 and its 200 day moving average is GBX 884.66. The company has a debt-to-equity ratio of 134.33, a current ratio of 0.56 and a quick ratio of 0.74. The firm has a market cap of £5.02 billion, a P/E ratio of -557.02, a P/E/G ratio of 0.92 and a beta of 1.29. Entain Plc has a one year low of GBX 718.20 ($9.02) and a one year high of GBX 1,516.50 ($19.05).

Entain Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, April 26th. Investors of record on Thursday, March 14th were paid a GBX 8.90 ($0.11) dividend. This represents a dividend yield of 1.07%. The ex-dividend date was Thursday, March 14th. Entain’s dividend payout ratio is currently -1,276.60%.

Analyst Upgrades and Downgrades

ENT has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,089 ($13.68) price target on shares of Entain in a research note on Thursday, April 18th. Berenberg Bank reissued a “buy” rating and set a GBX 1,140 ($14.32) price target on shares of Entain in a research note on Wednesday, April 17th. Shore Capital reissued a “buy” rating on shares of Entain in a research note on Wednesday, April 17th. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,140 ($14.32) price target on shares of Entain in a research note on Friday, April 12th. Finally, Barclays lowered Entain to an “equal weight” rating and cut their price objective for the stock from GBX 1,120 ($14.07) to GBX 1,070 ($13.44) in a research note on Tuesday, February 6th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Entain has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,143.17 ($14.36).

About Entain

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.