Rep. Susie Lee Sells Golden Entertainment, Inc. (NASDAQ:GDEN) Shares

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 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 Tennant (NYSE:TNC) on 3/14/2025.
• 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 Carnival Co. & (NYSE:CCL) on 3/14/2025.

Golden Entertainment Trading Down 0.0 %

NASDAQ:GDEN opened at $25.12 on Wednesday. The stock has a 50-day simple moving average of $28.77 and a 200-day simple moving average of $30.81. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.03 and a current ratio of 1.11. The stock has a market cap of $665.96 million, a P/E ratio of 20.26 and a beta of 1.99. Golden Entertainment, Inc. has a 1 year low of $22.66 and a 1 year high of $35.49.

Golden Entertainment Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 21st were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date was Friday, March 21st. Golden Entertainment’s dividend payout ratio is presently 59.88%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. 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 valued at $47,085,000 after purchasing an additional 57,285 shares during the period. DAVENPORT & Co LLC increased its holdings in shares of Golden Entertainment by 26.6% in the 4th quarter. DAVENPORT & Co LLC now owns 1,293,163 shares of the company’s stock valued at $40,864,000 after acquiring an additional 271,782 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in shares of Golden Entertainment by 4.3% during the 4th quarter. Sequoia Financial Advisors LLC now owns 673,667 shares of the company’s stock valued at $21,288,000 after buying an additional 27,508 shares during the last quarter. Geode Capital Management LLC boosted its stake in Golden Entertainment by 4.3% in the third quarter. Geode Capital Management LLC now owns 587,006 shares of the company’s stock valued at $18,664,000 after acquiring an additional 24,264 shares during the period. Finally, Deprince Race & Zollo Inc. bought a new stake in shares of Golden Entertainment in the 4th quarter worth approximately $17,704,000. 70.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on GDEN shares. Macquarie restated an “outperform” rating and set a $40.00 target price on shares of Golden Entertainment in a research report on Friday, February 28th. Jefferies Financial Group raised their target price on shares of Golden Entertainment from $31.00 to $32.00 and gave the stock a “hold” rating in a research note on Friday, January 3rd. JMP Securities reiterated a “market outperform” rating and issued a $36.00 price objective on shares of Golden Entertainment in a research report on Thursday, January 16th. Finally, StockNews.com lowered shares of Golden Entertainment from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company 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.