Ricky Sandler Acquires 621,384 Shares of Entain (LON:ENT) Stock

Entain Plc (LON:ENT) insider Ricky Sandler bought 621,384 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were purchased at an average price of GBX 767 per share, for a total transaction of £4,766,015.28.

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

• On Monday, December 1st, Ricky Sandler sold 485,188 shares of Entain stock. The shares were sold at an average price of GBX 787, for a total transaction of £3,818,429.56.
• On Monday, November 3rd, Ricky Sandler sold 245,579 shares of Entain stock. The stock was sold at an average price of GBX 789, for a total value of £1,937,618.31.

Entain Price Performance

LON:ENT opened at GBX 771.80 on Wednesday. Entain Plc has a 12-month low of GBX 452.50 and a 12-month high of GBX 1,031.50. The firm has a market capitalization of £4.94 billion, a price-to-earnings ratio of -8.98, a P/E/G ratio of 0.92 and a beta of 1.19. The stock’s 50 day moving average price is GBX 755.04 and its two-hundred day moving average price is GBX 844.98. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 188.61.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Shore Capital reiterated a “buy” rating on shares of Entain in a research note on Wednesday, October 15th. Citigroup lowered their target price on shares of Entain from GBX 1,300 to GBX 1,150 and set a “buy” rating on the stock in a report on Thursday, November 27th. JPMorgan Chase & Co. upgraded Entain to an “overweight” rating and cut their price target for the company from GBX 1,150 to GBX 1,090 in a research note on Tuesday, December 2nd. Berenberg Bank reduced their price target on Entain from GBX 1,400 to GBX 1,200 and set a “buy” rating on the stock in a research report on Thursday, November 27th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 1,100 price objective on shares of Entain in a report on Wednesday, October 15th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 1,135.

Entain Company Profile

Entain plc (LSE: ENT) is a FTSE100 company and is one of the world’s largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US.