Churchill Downs Inc (CHDN) Files Form 4 Insider Buying : Marcia A Dall Buys 1,000 Shares

Churchill Downs Inc (CHDN): Marcia A Dall , EVP, and Chief Financial Offic of Churchill Downs Inc purchased 1,000 shares on May 3, 2016. The Insider buying transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were purchased at $129.96 per share for a total value of $129,964.90 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 11, 2016, William C Carstanjen (Chief Executive Officer) sold 4,500 shares at $144.96 per share price.On Mar 3, 2016, William E Mudd (President and CFO) sold 9,970 shares at $136.19 per share price.

Shares of Churchill Downs (CHDN) ended Monday, May 2, 2016 session in red amid volatile trading. The shares closed down -2.44 points or -1.82% at $131.74 with 1,48,609 shares getting traded. Post opening the session at $133.98, the shares hit an intraday low of $131.655 and an intraday high of $134.4099 and the price vacillated in this range throughout the day. The company has a market cap of $2,200 M and the number of outstanding shares has been calculated to be 1,66,98,647 shares. The 52-week high of Churchill Downs is $152.98 and the 52-week low is $118.33.

Churchill Downs Money Flow Index Chart

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.

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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