Las Vegas Sands Corp. CEO George Tanasijevich Unloads 47,070 Shares (LVS)
Las Vegas Sands Corp. (NYSE:LVS) CEO George Tanasijevich sold 47,070 shares of the company’s stock on the open market in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $78.70, for a total value of $3,704,409.00. Following the completion of the transaction, the chief executive officer now directly owns 17,920 shares of the company’s stock, valued at approximately $1,410,304. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Las Vegas Sands Corp. (NYSE:LVS) traded up 0.90% during mid-day trading on Thursday, hitting $79.58. The stock had a trading volume of 3,862,560 shares. Las Vegas Sands Corp. has a 52 week low of $47.95 and a 52 week high of $79.25. The stock has a 50-day moving average of $74.30 and a 200-day moving average of $64.1. The company has a market cap of $65.510 billion and a P/E ratio of 30.10.
Las Vegas Sands Corp. (NYSE:LVS) last released its earnings data on Thursday, October 17th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.08. The company had revenue of $3.57 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was up 31.7% on a year-over-year basis. Analysts expect that Las Vegas Sands Corp. will post $3.00 EPS for the current fiscal year.
A number of research firms have recently commented on LVS. Analysts at Credit Suisse raised their price target on shares of Las Vegas Sands Corp. from $80.00 to $85.00 in a research note to investors on Monday. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of Las Vegas Sands Corp. from $77.00 to $86.00 in a research note to investors on Wednesday, December 18th. They now have a “buy” rating on the stock. Finally, analysts at Zacks upgraded shares of Las Vegas Sands Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Friday, November 22nd. They now have a $84.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have given a hold rating and twenty-one have issued a buy rating to the company’s stock. Las Vegas Sands Corp. currently has a consensus rating of “Buy” and an average target price of $74.60.
Las Vegas Sands Corp. is a developer of destination properties (NYSE:LVS) that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.