Penn National Ownership
| PENN Stock | USD 18.05 0.20 1.10% |
Shares in Circulation | First Issued 1993-03-31 | Previous Quarter 152.1 M | Current Value 167 M | Avarage Shares Outstanding 92.3 M | Quarterly Volatility 36.4 M |
Penn Stock Ownership Analysis
About 100.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.92. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Penn National Gaming has Price/Earnings To Growth (PEG) ratio of 0.78. The entity recorded a loss per share of 0.61. The firm had not issued any dividends in recent years. Penn National had 4423:1000 split on the 4th of November 2013. PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in North America. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania. Penn Entertainment operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. It employs 21973 people. To find out more about Penn National Gaming contact the company at 610 373 2400 or learn more at https://www.pennentertainment.com.Besides selling stocks to institutional investors, Penn National also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Penn National's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Penn National's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Penn National Quarterly Liabilities And Stockholders Equity |
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Penn National Insider Trades History
Only 1.34% of Penn National Gaming are currently held by insiders. Unlike Penn National's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Penn National's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Penn National's insider trades
Penn Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Penn National is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Penn National Gaming backward and forwards among themselves. Penn National's institutional investor refers to the entity that pools money to purchase Penn National's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Earnest Partners Llc | 2025-03-31 | 2.9 M | Geode Capital Management, Llc | 2025-03-31 | 2.6 M | Goldman Sachs Group Inc | 2025-03-31 | 2.5 M | Royal Bank Of Canada | 2025-03-31 | 2.3 M | Morgan Stanley - Brokerage Accounts | 2025-03-31 | 2 M | Invenomic Capital Management, Lp | 2025-03-31 | 1.9 M | Sei Investments Co | 2025-03-31 | 1.8 M | Long Focus Capital Management, Llc | 2025-03-31 | 1.8 M | Hudson Bay Capital Management Lp | 2025-03-31 | 1.7 M | Blackrock Inc | 2025-03-31 | 17.5 M | Vanguard Group Inc | 2025-03-31 | 16.2 M |
Penn National Gaming Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Penn National insiders, such as employees or executives, is commonly permitted as long as it does not rely on Penn National's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Penn National insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Penn National's latest congressional trading
Congressional trading in companies like Penn National Gaming, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Penn National by those in governmental positions are based on the same information available to the general public.
| 2021-03-09 | Senator Pat Toomey | Acquired Under $15K | Verify |
Penn National Outstanding Bonds
Penn National issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Penn National Gaming uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Penn bonds can be classified according to their maturity, which is the date when Penn National Gaming has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Penn National Gaming Corp BondUS707569AS84 | View | |
| US707569AV14 Corp BondUS707569AV14 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Penn National Corporate Filings
F3 | 1st of July 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 23rd of June 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 9th of June 2025 Other Reports | ViewVerify | |
| 6th of June 2025 Other Reports | ViewVerify |
Pair Trading with Penn National
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Penn National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Penn National will appreciate offsetting losses from the drop in the long position's value.Moving together with Penn Stock
| 0.84 | RRR | Red Rock Resorts Earnings Call Today | PairCorr |
Moving against Penn Stock
The ability to find closely correlated positions to Penn National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Penn National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Penn National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Penn National Gaming to buy it.
The correlation of Penn National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Penn National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Penn National Gaming moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Penn National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penn National Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penn National. If investors know Penn will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penn National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.089 | Earnings Share (0.61) | Revenue Per Share | Quarterly Revenue Growth 0.041 | Return On Assets |
The market value of Penn National Gaming is measured differently than its book value, which is the value of Penn that is recorded on the company's balance sheet. Investors also form their own opinion of Penn National's value that differs from its market value or its book value, called intrinsic value, which is Penn National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penn National's market value can be influenced by many factors that don't directly affect Penn National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Penn National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penn National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.