New insider activity at Penn National Gaming ( (PENN) ) has taken place on May 13, 2025.
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Christopher Byron Rogers, the EVP, Chief Strategy and Legal Officer and Secretary, has made a significant investment in Penn National Gaming by purchasing 3,737 shares of the company’s stock. This transaction is valued at $59,792, showcasing his confidence in the company’s future prospects.
Recent Updates on PENN stock
In the last 24 hours, Penn National Gaming’s stock has seen adjustments in price targets from analysts due to various factors. Mizuho lowered their price target to $24 from $25, citing sequential improvements in core trends and potential positive impacts from a tax bill on consumers, which are not yet factored into investor sentiment. They maintain an Outperform rating, highlighting the potential for Penn shares to rise. Meanwhile, Stifel reduced their price target to $17 from $19, attributing the change to macroeconomic risks and a 5% miss in Q1 adjusted EBITDAR due to one-time corporate costs, although they maintain a Hold rating. Despite these challenges, Penn National Gaming reported strong Q1 2025 results, showcasing resilience and growth across its segments, particularly in interactive and retail gaming, despite adverse weather conditions and increased corporate expenses. The company remains focused on strategic investments and growth projects, including a new casino development, and aims to leverage its digital offerings and partnerships for sustained growth.
Spark’s Take on PENN Stock
According to Spark, TipRanks’ AI Analyst, PENN is a Neutral.
PENN’s overall stock score reflects financial challenges and mixed technical indicators. While the earnings call provided some positive insights into strategic growth and customer engagement, the company’s high leverage, negative cash flow, and valuation concerns weigh heavily on its potential for recovery. The technical analysis suggests caution due to downward price trends, and the lack of a dividend yield further limits investment appeal.
To see Spark’s full report on PENN stock, click here.
More about Penn National Gaming
YTD Price Performance: -18.71%
Average Trading Volume: 4,164,593
Technical Sentiment Signal: Sell
Current Market Cap: $2.36B