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BYD
NYSE Real Estate & Construction

Officer Files Intent to Sell $8.75 Million in Common Stock

Analysis by Arik Shkolnikov
Sentiment info
Negative
Importance info
7
Price
$84.5
Mkt Cap
$6.363B
52W Low
$68.98
52W High
$89.96
Market data snapshot near publication time

summarizeSummary

An officer of Boyd Gaming Corp. has filed a Form 144 indicating an intent to sell 100,000 shares of common stock, valued at approximately $8.75 million.


check_boxKey Events

  • Officer Files Intent to Sell

    Marianne Boyd Johnson, an officer of Boyd Gaming Corp., filed a Form 144 indicating an intent to sell 100,000 shares of common stock.

  • Significant Transaction Value

    The proposed sale has an approximate market value of $8.75 million, representing a notable liquidity event for the insider.

  • Part of Broader Insider Distribution

    This filing contributes to a recent pattern of insider distribution, with net insider sales exceeding $6.2 million across three active insiders in the last 90 days.


auto_awesomeAnalysis

Marianne Boyd Johnson, an officer of Boyd Gaming Corp., has filed a Form 144 indicating an intent to sell a substantial amount of common stock. This proposed sale, valued at $8.75 million, represents a notable transaction for an insider and contributes to a recent pattern of insider distribution observed over the last 90 days. While the shares were originally acquired via gift, the intent to sell this quantity signals a significant liquidity event for the officer.

At the time of this filing, BYD was trading at $84.50 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $6.4B. The 52-week trading range was $68.98 to $89.96. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.

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