Wynn Resorts (NASDAQ:WYNN) Shares Sold Off Rep. Susie Lee

Representative Susie Lee (D-Nevada) recently sold shares of Wynn Resorts, Limited (NASDAQ:WYNN). In a filing disclosed on April 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Wynn Resorts 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 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 Golden Entertainment NASDAQ: GDEN on 3/14/2025.
• Sold $1,001 - $15,000 in shares of Carnival Co. & NYSE: CCL on 3/14/2025.

Wynn Resorts Stock Up 1.4 %

Wynn Resorts stock traded up $1.04 during midday trading on Friday, hitting $74.77. The company's stock had a trading volume of 1,559,528 shares, compared to its average volume of 2,470,109. Wynn Resorts, Limited has a 12 month low of $65.25 and a 12 month high of $107.81. The company has a market capitalization of $7.94 billion, a PE ratio of 17.76, a price-to-earnings-growth ratio of 2.35 and a beta of 1.53. The stock's 50-day moving average price is $82.72 and its 200-day moving average price is $87.78.

Wynn Resorts (NASDAQ:WYNN - Get Free Report) last released its earnings results on Thursday, February 13th. The casino operator reported $2.42 EPS for the quarter, topping analysts' consensus estimates of $1.27 by $1.15. The business had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.78 billion. Wynn Resorts had a net margin of 7.03% and a negative return on equity of 71.17%. As a group, equities analysts anticipate that Wynn Resorts, Limited will post 5.17 EPS for the current year.

Wynn Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date was Monday, February 24th. Wynn Resorts's payout ratio is currently 23.75%.

Insider Activity at Wynn Resorts

In other Wynn Resorts news, Director Philip G. Satre acquired 22,200 shares of Wynn Resorts stock in a transaction dated Tuesday, February 18th. The stock was bought at an average cost of $92.18 per share, with a total value of $2,046,396.00. Following the completion of the transaction, the director now owns 34,195 shares of the company's stock, valued at $3,152,095.10. The trade was a 185.08 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Tilman J. Fertitta acquired 11,475 shares of the stock in a transaction dated Monday, March 24th. The stock was bought at an average price of $84.93 per share, for a total transaction of $974,571.75. Following the purchase, the insider now owns 12,600,000 shares of the company's stock, valued at $1,070,118,000. The trade was a 0.09 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 438,700 shares of company stock worth $31,300,943 in the last 90 days. 0.52% of the stock is owned by company insiders.

Institutional Investors Weigh In On Wynn Resorts

A number of large investors have recently bought and sold shares of WYNN. Captrust Financial Advisors grew its holdings in Wynn Resorts by 41.2% during the third quarter. Captrust Financial Advisors now owns 4,165 shares of the casino operator's stock valued at $399,000 after purchasing an additional 1,215 shares during the last quarter. Wellington Management Group LLP lifted its position in Wynn Resorts by 90.6% during the 3rd quarter. Wellington Management Group LLP now owns 115,707 shares of the casino operator's stock worth $11,094,000 after acquiring an additional 54,995 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in Wynn Resorts during the third quarter valued at about $290,000. MML Investors Services LLC increased its stake in shares of Wynn Resorts by 135.7% in the third quarter. MML Investors Services LLC now owns 17,000 shares of the casino operator's stock worth $1,630,000 after purchasing an additional 9,788 shares during the period. Finally, Nomura Asset Management Co. Ltd. lifted its position in shares of Wynn Resorts by 15.7% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 30,977 shares of the casino operator's stock worth $2,970,000 after purchasing an additional 4,212 shares during the last quarter. 88.64% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

WYNN has been the subject of several research reports. Mizuho raised their price objective on Wynn Resorts from $118.00 to $132.00 and gave the stock an "outperform" rating in a research note on Friday, February 14th. StockNews.com cut Wynn Resorts from a "buy" rating to a "hold" rating in a research note on Wednesday, March 12th. Barclays raised their target price on shares of Wynn Resorts from $115.00 to $116.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Stifel Nicolaus boosted their price target on shares of Wynn Resorts from $123.00 to $128.00 and gave the company a "buy" rating in a report on Friday, February 14th. Finally, Macquarie reaffirmed an "outperform" rating and issued a $115.00 price objective on shares of Wynn Resorts in a research note on Friday, February 14th. Two analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $119.58.

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.

Wynn Resorts Company Profile

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.