Insider Selling: Emanuel R. Pearlman Sells 14,000 Shares of Empire Resorts Stock (NYNY)
Empire Resorts (NASDAQ:NYNY) Director Emanuel R. Pearlman sold 14,000 shares of the stock on the open market in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $7.12, for a total value of $99,680.00. Following the sale, the director now directly owns 21,834 shares in the company, valued at approximately $155,458. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Empire Resorts (NASDAQ:NYNY) traded up 3.60% during mid-day trading on Tuesday, hitting $7.20. 114,907 shares of the company’s stock traded hands. Empire Resorts has a 52 week low of $1.90 and a 52 week high of $8.60. The stock’s 50-day moving average is $5.7 and its 200-day moving average is $4.44. The company’s market cap is $261.0 million.
Empire Resorts, Inc (NASDAQ:NYNY) is a holding company for various subsidiaries engaged in the hospitality and gaming industries.
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