Officer & Director Keith Smith Files Intent to Sell $8.2M in Shares
Summary
An Officer and Director of Boyd Gaming Corp. has filed an intent to sell 100,000 shares worth $8.2 million, adding to recent insider selling activity.
Key Events
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Officer & Director Intent to Sell
Keith Smith, an Officer and Director, filed a Form 144 to sell 100,000 shares of common stock.
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Significant Value
The proposed sale is valued at approximately $8.25 million.
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Part of Ongoing Insider Selling
This filing follows a pattern of recent Form 144 filings by officers, contributing to a net distribution of nearly $8.5 million in insider sales over the last 90 days.
Analysis
Keith Smith, an Officer and Director, has filed a Form 144 indicating his intent to sell 100,000 shares of Boyd Gaming common stock, valued at approximately $8.2 million. This transaction represents a notable disposition by a key executive and continues a recent pattern of insider selling at the company, contributing to a net distribution of nearly $8.5 million in insider sales over the last 90 days.
At the time of this filing, BYD was trading at $85.41 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $6.3B. The 52-week trading range was $72.71 to $89.96. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.