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tachi palace hotel casino proximos eventosAnother transaction dated Jan. He recently sold some of his employer’s stock. (Image: Newsweek)In a Form 4 filing with the Securities and Exchange Commission (SEC), it was revealed that in two transactions on Dec. cache creek casino.comWynn CEO Matt Maddox seen at the White House last year. 31 because US markets were closed on Jan. 31 because US markets were closed on Jan. no deposit bonus casino real money mountaineer casino west virginiafree online keno slot machinesAt the height of the first wave of COVID-19 cases in March, gaming equities, including Wynn, were being savagely repudiated by market participants. The Green Bay Packers and Kansas City Chiefs met in Supeis aliante casino a station casinor Bowl I. 31. red stag casino instant couponMaddox was taking some profits after a tumultuous year in which the gaming name sagged due to the coronavirus pandemic, then proceeded to more than triple from its March nadir to its December highs. That sale likely occurred on Dec. restaurants in casinos. harrahs cherokee nc casino encore casino victoriahard rock casino melbourne flCompany policy states he must attain equity ownership equaling six times his annual salary, which was .90 million in 2018.Maddox sold 21,645 shares at an average price of 2.94, and another 28,355 at an average price of 3.42 on Dec. Many of which are plausible and not negative or indictments of a firm’s prospects.In Maddox’s case, the recent share disposals are understandable because he went without the cash salary for more than nine months last year.Broadly speaking, Wall Street is bullish on Wynn for 2021, so it’s possible more directors and executives that took reduced 2020 salaries in exchange for equity will sell some of those shares this year.Maddox was taking some profits after a tumultuous year in which the gaming name sagged due to the coronavirus pandemic, then proceeded to more than triple from its March nadir to its December highs. Now they may have a rematch in the 55th Super Bowl next month. All told, the chief executives trimmed his Wynn stake by about eight percent, hauling in .32 million in the process.His timing was arguably impeccable and he’s still holding plenty of shares — 394,549 to be precise, according to Form 4 — with which to benefit from an ongoing rebound in the stock this year – a scenario plenty of analysts are betting on.At the start of the fourth quarter, Wynn stock traded around but gained more than 60 percent over the last three months of 2020.More Sales PossibleEquity sales by company insiders aren’t unusual and occur for a variety of reasons. Wynn Resortsis aliante casino a station casino (NASDAQ:WYNN) CEO Matt Maddox recently sold about 56,000 shares of the company’s stock. red stag casino app download doubledown casino register email |