Meridian (NASDAQ:MRDN) CEO Anthony Brian Goodman Sells 5,000 Shares of Stock

Meridian Holdings Inc. (NASDAQ:MRDNGet Free Report) CEO Anthony Brian Goodman sold 5,000 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $14.33, for a total value of $71,650.00. Following the transaction, the chief executive officer owned 448,463 shares of the company’s stock, valued at $6,426,474.79. The trade was a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Anthony Brian Goodman also recently made the following trade(s):

  • On Tuesday, June 23rd, Anthony Brian Goodman sold 5,500 shares of Meridian stock. The stock was sold at an average price of $13.73, for a total value of $75,515.00.
  • On Monday, June 22nd, Anthony Brian Goodman sold 3,650 shares of Meridian stock. The stock was sold at an average price of $13.76, for a total value of $50,224.00.
  • On Thursday, June 18th, Anthony Brian Goodman sold 5,000 shares of Meridian stock. The shares were sold at an average price of $13.70, for a total value of $68,500.00.
  • On Friday, June 12th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The stock was sold at an average price of $12.68, for a total value of $126,800.00.
  • On Thursday, June 11th, Anthony Brian Goodman sold 9,000 shares of Meridian stock. The stock was sold at an average price of $13.02, for a total value of $117,180.00.
  • On Wednesday, June 10th, Anthony Brian Goodman sold 7,000 shares of Meridian stock. The shares were sold at an average price of $13.04, for a total value of $91,280.00.
  • On Friday, May 22nd, Anthony Brian Goodman sold 12,196 shares of Meridian stock. The shares were sold at an average price of $10.37, for a total value of $126,472.52.
  • On Monday, May 4th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The stock was sold at an average price of $12.75, for a total value of $127,500.00.
  • On Monday, April 27th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The stock was sold at an average price of $6.41, for a total transaction of $64,100.00.
  • On Friday, April 24th, Anthony Brian Goodman sold 10,000 shares of Meridian stock. The shares were sold at an average price of $6.34, for a total transaction of $63,400.00.

Meridian Stock Up 0.1%

Meridian stock opened at $13.22 on Thursday. The firm has a 50 day moving average of $10.78. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.57 and a quick ratio of 0.48. Meridian Holdings Inc. has a twelve month low of $5.80 and a twelve month high of $22.78. The firm has a market capitalization of $167.50 million, a PE ratio of -1.82 and a beta of 0.67.

Meridian (NASDAQ:MRDNGet Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.18 EPS for the quarter. The business had revenue of $50.10 million for the quarter. Meridian had a negative net margin of 45.94% and a negative return on equity of 99.65%. Equities analysts anticipate that Meridian Holdings Inc. will post 0.33 EPS for the current fiscal year.

Institutional Trading of Meridian

Institutional investors have recently made changes to their positions in the business. Marex Group plc acquired a new position in Meridian during the second quarter worth $26,000. State Street Corp increased its stake in Meridian by 25.6% in the 4th quarter. State Street Corp now owns 99,899 shares of the company’s stock valued at $80,000 after buying an additional 20,343 shares during the last quarter. Susquehanna International Group LLP lifted its position in Meridian by 33.7% during the 3rd quarter. Susquehanna International Group LLP now owns 114,409 shares of the company’s stock worth $129,000 after buying an additional 28,819 shares in the last quarter. Virtu Financial LLC bought a new stake in Meridian during the 3rd quarter worth about $33,000. Finally, Marshall Wace LLP acquired a new position in shares of Meridian during the 2nd quarter worth about $57,000. Institutional investors own 2.74% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on MRDN shares. Wall Street Zen upgraded Meridian to a “strong-buy” rating in a report on Saturday, May 9th. Weiss Ratings began coverage on Meridian in a report on Tuesday, April 7th. They set a “sell (e+)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Meridian currently has a consensus rating of “Sell” and a consensus price target of $21.60.

Read Our Latest Stock Report on MRDN

About Meridian

(Get Free Report)

Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region.

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Insider Buying and Selling by Quarter for Meridian (NASDAQ:MRDN)

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