Isle of Capri Casinos (NASDAQ:ISLE) Director Gregory J. Kozicz sold 25,000 shares of Isle of Capri Casinos stock in a transaction that occurred on Thursday, March 16th. The shares were sold at an average price of $25.87, for a total value of $646,750.00. Following the sale, the director now directly owns 53,309 shares in the company, valued at approximately $1,379,103.83. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Isle of Capri Casinos (NASDAQ:ISLE) traded down 0.50% during mid-day trading on Monday, reaching $26.09. The company’s stock had a trading volume of 17,676 shares. The firm’s 50 day moving average is $24.74 and its 200-day moving average is $22.80. The company has a market cap of $1.08 billion, a PE ratio of 16.06 and a beta of 1.55. Isle of Capri Casinos has a 12-month low of $12.08 and a 12-month high of $26.89.
Isle of Capri Casinos (NASDAQ:ISLE) last released its earnings results on Thursday, February 23rd. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.02. The firm earned $193.80 million during the quarter, compared to analysts’ expectations of $203.24 million. Isle of Capri Casinos had a net margin of 7.02% and a return on equity of 62.06%. The business’s revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.17 EPS. Equities analysts anticipate that Isle of Capri Casinos will post $1.26 earnings per share for the current fiscal year.
Your IP Address:
ISLE has been the topic of several recent analyst reports. Zacks Investment Research downgraded Isle of Capri Casinos from a “hold” rating to a “sell” rating in a research note on Tuesday, December 27th. Gabelli raised Isle of Capri Casinos from a “hold” rating to a “buy” rating in a research note on Friday, December 2nd. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $19.80.
Several institutional investors have recently added to or reduced their stakes in the stock. 1st Global Advisors Inc. purchased a new position in Isle of Capri Casinos during the third quarter valued at $354,000. Kassirer Asset Management Corp purchased a new position in Isle of Capri Casinos during the third quarter valued at $1,337,000. Sphinx Trading LP purchased a new position in Isle of Capri Casinos during the third quarter valued at $100,000. Great West Life Assurance Co. Can purchased a new position in Isle of Capri Casinos during the third quarter valued at $109,000. Finally, Alambic Investment Management L.P. increased its position in Isle of Capri Casinos by 0.6% in the third quarter. Alambic Investment Management L.P. now owns 31,948 shares of the company’s stock valued at $712,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 53.94% of the company’s stock.
About Isle of Capri Casinos
Isle of Capri Casinos, Inc is a developer, owner and operator of branded gaming facilities and related dining, lodging and entertainment facilities in regional markets in the United States. The Company owns or operates over 10 gaming and entertainment facilities in Colorado, Florida, Iowa, Louisiana, Mississippi, Missouri and Pennsylvania.
This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/isle-of-capri-casinos-isle-director-gregory-j-kozicz-sells-25000-shares-of-stock/1709251.html
Receive News & Ratings for Isle of Capri Casinos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Isle of Capri Casinos and related companies with MarketBeat.com's FREE daily email newsletter.