Churchill Downs Inc (CHDN) Files Form 4 Insider Selling : William C Carstanjen Sells 4,500 Shares

Churchill Downs Inc (CHDN): William C Carstanjen , Chief Executive Officer of Churchill Downs Inc sold 4,500 shares on Apr 11, 2016. The Insider selling transaction was disclosed on Apr 11, 2016 to the Securities and Exchange Commission. The shares were sold at $144.96 per share for a total value of $652,300.62.

Company has been under the radar of several Street Analysts.Churchill Downs is Reiterated by Telsey Advisory Group to Outperform while Lowering the Price Target of the company shares to $ 175 from a previous price target of $183 . The Rating was issued on Feb 26, 2016.

Currently the company Insiders own 22.29% of Churchill Downs shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -11.02%.Institutional Investors own 66.82% of Churchill Downs shares.During last six month period, the net percent change held by insiders has seen a change of -11.02%.

Shares of Churchill Downs (CHDN) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -1.57 points or -1.08% at $144.27 with 51,479 shares getting traded. Post opening the session at $146.34, the shares hit an intraday low of $143.6354 and an intraday high of $146.381 and the price vacillated in this range throughout the day. The company has a market cap of $2,394 M and the number of outstanding shares has been calculated to be 1,65,94,321 shares. The 52-week high of Churchill Downs is $152.98 and the 52-week low is $111.93.

Churchill Downs Money Flow Index Chart

Churchill Downs Incorporated is a diversified provider of pari-mutuel horseracing online account wagering on horseracing and casino gaming. The Company is the producers and distributors of online and mobile casual games. It operates in five segments: Racing Casinos TwinSpires Big Fish Games Inc. (Big Fish Games) and Other Investments. Its racing segment includes Churchill Downs Racetrack Arlington International Race Course Fair Grounds Race Course and Calder Race Course. Casinos segment includes Oxford Casino Riverwalk Casino Hotel and Harlow’s Casino Resort & Spa among others. The TwinSpires maintains computerized databases of pedigree and racing information for the thoroughbred horse industry. Big Fish Games develops casual games for Personal Computers (PCs) and mobile devices. Other Investments include Capital View Casino & Resort United Tote and Bluff Media.

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