Insider Selling: Gaming Partners International Corporation Director Unloads 15,716 Shares of Stock (GPIC)
Gaming Partners International Corporation (NASDAQ:GPIC) Director Eric Endy sold 15,716 shares of Gaming Partners International Corporation stock on the open market in a transaction dated Friday, January 10th. The stock was sold at an average price of $8.25, for a total value of $129,657.00. Following the completion of the sale, the director now directly owns 178,479 shares of the company’s stock, valued at approximately $1,472,452. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at Thomson Reuters/Verus upgraded shares of Gaming Partners International Corporation from a “sell” rating to a “hold” rating in a research note to investors on Monday, October 21st.
Shares of Gaming Partners International Corporation (NASDAQ:GPIC) traded down 1.21% during mid-day trading on Friday, hitting $8.14. The stock had a trading volume of 26,390 shares. Gaming Partners International Corporation has a 52-week low of $7.02 and a 52-week high of $9.05. The stock has a 50-day moving average of $8.06 and a 200-day moving average of $8.17. The company has a market cap of $64.4 million and a price-to-earnings ratio of 28.61.
Gaming Partners International Corporation (NASDAQ:GPIC) manufactures and supplies casino currency, under the brand names of Paulson, Bourgogne et Grasset, and Bud Jones, (including low and high frequency radio frequency identification device (RFID) casino chips), RFID solutions for casino currency (consisting of low- and high-frequency RFID chip readers, antennas, chip authentication software, and software maintenance services), table layouts, playing cards, dice, gaming furniture, roulette wheels and other products that are used with casino table games such as blackjack, poker, baccarat, craps, and roulette.
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