Golden Entertainment (NASDAQ:GDEN) Stock Unloaded Rep. Susie Lee

Representative Susie Lee (D-Nevada) recently sold shares of Golden Entertainment, Inc. (NASDAQ:GDEN). In a filing disclosed on April 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Golden Entertainment stock on March 14th. The trade occurred in the Representative's "SUZANNE K LEE TRUST > FIDELITY BROKERAGE 402" account.

Representative Susie Lee also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Full House Resorts NASDAQ: FLL on 3/28/2025.
• Sold $15,001 - $50,000 in shares of Full House Resorts NASDAQ: FLL on 3/20/2025.
• Sold $1,001 - $15,000 in shares of MGM Resorts International NYSE: MGM on 3/14/2025.
• Sold $1,001 - $15,000 in shares of Tennant NYSE: TNC on 3/14/2025.
• Sold $1,001 - $15,000 in shares of Wynn Resorts NASDAQ: WYNN on 3/14/2025.
• Sold $1,001 - $15,000 in shares of Sony Group NYSE: SONY on 3/14/2025.
• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 3/14/2025.
• Sold $1,001 - $15,000 in shares of Century Casinos NASDAQ: CNTY on 3/14/2025.
• Sold $15,001 - $50,000 in shares of Starbucks NASDAQ: SBUX on 3/14/2025.
• Sold $1,001 - $15,000 in shares of Carnival Co. & NYSE: CCL on 3/14/2025.

Golden Entertainment Stock Up 0.2 %

GDEN stock traded up $0.04 during midday trading on Friday, hitting $25.56. The company's stock had a trading volume of 142,213 shares, compared to its average volume of 243,305. The firm's 50-day moving average is $28.33 and its 200-day moving average is $30.69. The company has a current ratio of 1.11, a quick ratio of 1.03 and a debt-to-equity ratio of 0.75. Golden Entertainment, Inc. has a 12 month low of $22.66 and a 12 month high of $35.49. The company has a market cap of $675.68 million, a PE ratio of 20.61 and a beta of 1.99.

Golden Entertainment Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 21st were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, March 21st. This represents a $1.00 dividend on an annualized basis and a yield of 3.91%. Golden Entertainment's payout ratio is currently 59.88%.

Hedge Funds Weigh In On Golden Entertainment

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in Golden Entertainment by 4.0% in the fourth quarter. Vanguard Group Inc. now owns 1,490,019 shares of the company's stock worth $47,085,000 after acquiring an additional 57,285 shares during the period. DAVENPORT & Co LLC raised its holdings in Golden Entertainment by 26.6% in the 4th quarter. DAVENPORT & Co LLC now owns 1,293,163 shares of the company's stock worth $40,864,000 after purchasing an additional 271,782 shares during the period. Sequoia Financial Advisors LLC lifted its position in Golden Entertainment by 4.3% during the fourth quarter. Sequoia Financial Advisors LLC now owns 673,667 shares of the company's stock valued at $21,288,000 after purchasing an additional 27,508 shares in the last quarter. Geode Capital Management LLC lifted its position in Golden Entertainment by 4.3% during the third quarter. Geode Capital Management LLC now owns 587,006 shares of the company's stock valued at $18,664,000 after purchasing an additional 24,264 shares in the last quarter. Finally, Deprince Race & Zollo Inc. bought a new stake in Golden Entertainment during the fourth quarter valued at about $17,704,000. Hedge funds and other institutional investors own 70.73% of the company's stock.

Wall Street Analyst Weigh In

GDEN has been the topic of a number of research analyst reports. Jefferies Financial Group upped their price target on Golden Entertainment from $31.00 to $32.00 and gave the company a "hold" rating in a report on Friday, January 3rd. JMP Securities dropped their price target on shares of Golden Entertainment from $37.00 to $36.00 and set a "market outperform" rating on the stock in a report on Thursday. StockNews.com lowered shares of Golden Entertainment from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Finally, Macquarie restated an "outperform" rating and set a $40.00 price objective on shares of Golden Entertainment in a research report on Friday, February 28th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Golden Entertainment presently has an average rating of "Moderate Buy" and a consensus target price of $36.86.

About Representative Lee

Susie Lee (Democratic Party) is a member of the U.S. House, representing Nevada's 3rd Congressional District. She assumed office on January 3, 2019. Her current term ends on January 3, 2027. Lee (Democratic Party) is running for re-election to the U.S. House to represent Nevada's 3rd Congressional District. She declared candidacy for the 2026 election. Susie Lee attended Carnegie Mellon University in Pittsburgh and graduated with honors, earning a master’s degree in public management. After college, she worked in Massachusetts at an environmental and economic consulting firm that specialized in water resource issues. She moved to Las Vegas, Nevada, in 1993, where she then worked as a campaign policy advisor to Las Vegas Mayor Jan Laverty Jones and founded a homeless shelter for parents and children in need. In 2010, she became the president of the board of Communities In Schools of Nevada (CIS), a program that seeks to lower high school dropout rates. Lee has served on several other boards and committees in the Las Vegas area.

Golden Entertainment Company Profile

Golden Entertainment, Inc owns and operates a diversified entertainment platform in the United States. The company operates through four segments; Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming. It also operates casino, casino resorts, and taverns; and slot machines in third party non-casino locations.