Empire Resorts Inc (NASDAQ:NYNY) Chairman Emanuel R. Pearlman sold 1,000 shares of Empire Resorts stock in a transaction that occurred on Monday, January 7th. The stock was sold at an average price of $10.30, for a total transaction of $10,300.00. Following the completion of the sale, the chairman now owns 129,722 shares of the company’s stock, valued at $1,336,136.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

NYNY stock opened at $11.12 on Friday. The company has a quick ratio of 0.35, a current ratio of 0.38 and a debt-to-equity ratio of 2.91. Empire Resorts Inc has a fifty-two week low of $6.31 and a fifty-two week high of $30.98.

Empire Resorts (NASDAQ:NYNY) last announced its quarterly earnings results on Wednesday, November 7th. The company reported ($1.03) EPS for the quarter. The company had revenue of $59.95 million during the quarter. Empire Resorts had a negative net margin of 65.95% and a negative return on equity of 44.85%.

Several brokerages have commented on NYNY. BidaskClub upgraded shares of Empire Resorts from a “sell” rating to a “hold” rating in a research note on Friday, December 28th. ValuEngine raised shares of Empire Resorts from a “sell” rating to a “hold” rating in a research report on Tuesday, October 2nd.

A hedge fund recently raised its stake in Empire Resorts stock. Vanguard Group Inc lifted its position in shares of Empire Resorts Inc (NASDAQ:NYNY) by 2.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 54,925 shares of the company’s stock after buying an additional 1,515 shares during the quarter. Vanguard Group Inc owned approximately 0.17% of Empire Resorts worth $510,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 1.89% of the company’s stock.

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About Empire Resorts

Empire Resorts, Inc engages in hospitality and gaming businesses in New York. The company owns and operates Monticello Casino and Raceway, a video gaming machine (VGM) and harness horseracing facility in Monticello that operates 1,110 VGMs, including 1,070 video lottery terminals and 40 electronic table game positions, as well as Resorts World Catskills, a casino resort located in Sullivan County, New York.

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Insider Buying and Selling by Quarter for Empire Resorts (NASDAQ:NYNY)

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