Eldorado Resorts, Inc. (ERI) Files Form 4 Insider Buying : Gary L. Carano Buys 7,500 Shares

Eldorado Resorts, Inc. (ERI): Gary L. Carano , CEO of Eldorado Resorts, Inc. purchased 7,500 shares on May 17, 2016. The Insider buying transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were purchased at $13.34 per share for a total value of $100,050.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 10, 2016, Thomas Reeg (CFO) purchased 4,500 shares at $13.75 per share price.On Mar 21, 2016, Michael E Pegram (director) purchased 10,000 shares at $11.00 per share price.Also, On Mar 16, 2016, Roger P Wagner (director) sold 6,984 shares at $10.83 per share price.On Mar 16, 2016, James B Hawkins (director) purchased 10,000 shares at $10.80 per share price.

Shares of Eldorado Resorts Inc (ERI) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.15 points or -1.08% at $13.74 with 1,14,363 shares getting traded. Post opening the session at $13.8, the shares hit an intraday low of $13.49 and an intraday high of $13.99 and the price vacillated in this range throughout the day. The company has a market cap of $646,824 M and the number of outstanding shares has been calculated to be 47,07,60,00,000 shares. The 52-week high of Eldorado Resorts Inc is $14.1349 and the 52-week low is $7.35.

Eldorado Resorts Inc Money Flow Index Chart

Eldorado Resorts Inc. (ERI) is a casino entertainment company. The Company’s principal operating activities include owning and operating gaming facilities in three geographic regions: Reno Shreveport and the eastern states. The Company operates through three business segments: Eldorado Shreveport Eldorado Reno and MTR Gaming. The Company conducts its operations through its subsidiaries MTR Gaming Group Inc. (MTR Gaming) Eldorado Holdco LLC (HoldCo) and Eldorado Resorts LLC (Resorts). Its property portfolio includes approximately seven facilities in over five markets with a total of approximately 10230 slot machines and video lottery terminals (VLTs) approximately 300 table games approximately 4850 hotel rooms approximately 35 dining bar and entertainment options and over three pari-mutuel racing facilities. The Company owns and operates approximately seven properties in approximately five states.

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