Golden Entertainment Ownership

GDEN Stock  USD 33.26  0.02  0.06%   
Golden Entertainment has a total of 27.43 Million outstanding shares. The majority of Golden Entertainment outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Golden Entertainment to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Golden Entertainment. Please pay attention to any change in the institutional holdings of Golden Entertainment as this could imply that something significant has changed or is about to change at the company. Also note that almost seventy-nine thousand five hundred fourty-four invesors are currently shorting Golden Entertainment expressing very little confidence in its future performance.
 
Shares in Circulation  
First Issued
1998-12-31
Previous Quarter
30.2 M
Current Value
29.4 M
Avarage Shares Outstanding
18.4 M
Quarterly Volatility
7.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Golden Entertainment in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Golden Entertainment, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
As of the 29th of November 2024, Dividends Paid is likely to grow to about 60.6 M, while Dividend Yield is likely to drop 0.06. As of the 29th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 99.4 M, while Common Stock Shares Outstanding is likely to drop about 19.3 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.

Golden Stock Ownership Analysis

About 27.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.78. Some equities with similar Price to Book (P/B) outperform the market in the long run. Golden Entertainment has Price/Earnings To Growth (PEG) ratio of 2.12. The entity last dividend was issued on the 20th of December 2024. The firm had 1:2 split on the 10th of September 2014. Golden Entertainment, Inc., together with its subsidiaries, engages in the ownership and operation of a diversified entertainment platform in the United States. Golden Entertainment, Inc. was incorporated in 1998 and is headquartered in Las Vegas, Nevada. Golden Entmt operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. It employs 6300 people. To learn more about Golden Entertainment call Blake Sr at 702 893 7777 or check out https://www.goldenent.com.
Besides selling stocks to institutional investors, Golden Entertainment 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 Golden Entertainment'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 Golden Entertainment'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.

Golden Entertainment Quarterly Liabilities And Stockholders Equity

1.1 Billion

Golden Entertainment Insider Trades History

About 27.0% of Golden Entertainment are currently held by insiders. Unlike Golden Entertainment'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 Golden Entertainment'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 Golden Entertainment's insider trades
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Golden Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Golden Entertainment is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Golden Entertainment backward and forwards among themselves. Golden Entertainment's institutional investor refers to the entity that pools money to purchase Golden Entertainment'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
Jennison Associates Llc2024-09-30
540.6 K
Morgan Stanley - Brokerage Accounts2024-06-30
412.9 K
New York State Common Retirement Fund2024-09-30
365.2 K
Systematic Financial Management Lp2024-09-30
352.2 K
Citadel Advisors Llc2024-09-30
343.5 K
American Century Companies Inc2024-09-30
304.9 K
Charles Schwab Investment Management Inc2024-09-30
278.7 K
1060 Capital2024-09-30
260.7 K
Bernzott Capital Advisors2024-09-30
247.6 K
Blackrock Inc2024-06-30
3.5 M
William Blair Investment Management, Llc2024-09-30
1.6 M
Note, although Golden Entertainment's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Golden Entertainment 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 Golden Entertainment insiders, such as employees or executives, is commonly permitted as long as it does not rely on Golden Entertainment'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 Golden Entertainment 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.

Golden Entertainment Outstanding Bonds

Golden Entertainment 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. Golden Entertainment 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 Golden bonds can be classified according to their maturity, which is the date when Golden Entertainment 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.

Golden Entertainment Corporate Filings

13A
14th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
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13A
12th of November 2024
An amended filing to the original Schedule 13G
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10Q
8th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
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8K
7th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
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Pair Trading with Golden Entertainment

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 Golden Entertainment 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 Golden Entertainment will appreciate offsetting losses from the drop in the long position's value.

Moving against Golden Stock

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The ability to find closely correlated positions to Golden Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Entertainment 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 Golden Entertainment - 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 Golden Entertainment to buy it.
The correlation of Golden Entertainment 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 Golden Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Entertainment 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 Golden Entertainment 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.
Pair CorrelationCorrelation Matching
When determining whether Golden Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Entertainment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Entertainment Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Golden Entertainment. If investors know Golden 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 Golden Entertainment 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
(0.98)
Dividend Share
0.75
Earnings Share
1.31
Revenue Per Share
25.663
Quarterly Revenue Growth
(0.37)
The market value of Golden Entertainment is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Golden Entertainment'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 Golden Entertainment's market value can be influenced by many factors that don't directly affect Golden Entertainment'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 Golden Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Entertainment'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.