Tilman Fertitta, an insider at Wynn Resorts Ltd (WYNN), sold 150,000 shares of the company on November 23, 2025, at a price of $5.04 per share. The total value of the transaction amounted to $756,000. Following this sale, Fertitta retains 150,000 shares in Wynn Resorts.
Wynn Resorts, a leading player in the Hotels, Restaurants & Leisure industry, operates several luxury casino resorts including Wynn Las Vegas and Encore Boston Harbor. The company, headquartered in Las Vegas, Nevada, has a market capitalization of $12.7 billion and a P/E ratio of 33.19. Upcoming earnings reports are scheduled for May 4, 2026, and August 5, 2026, with estimated EPS of $1.21 and $1.34, respectively.
Insider transactions like this one are reported to the SEC, providing transparency regarding executive actions. While such sales can occur for various reasons, they should not be the sole basis for investment decisions. Investors are encouraged to consider broader patterns of insider activity over time, rather than focusing on isolated transactions.