Tilman Fertitta Sells 300,000 Shares of Wynn Resorts
Tilman Fertitta sold 300,000 shares of Wynn Resorts, Limited, valued at approximately $1.22 million.
Key Points
- Tilman Fertitta sold 300,000 shares of Wynn Resorts at an average price of $4.07, totaling around $1.22 million on June 24, 2026.
- Wynn Resorts' market cap stands at $11.13 billion with a P/E ratio of 30.7 and a 52-week range of $83.45 to $134.72.
- Analysts maintain a strong buy consensus for Wynn Resorts, with an average price target of $135.89.
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Tilman Fertitta sold 300,000 shares of Wynn Resorts, Limited (NasdaqGS:WYNN) on June 24, 2026. The shares were sold at an average price of $4.07 each, bringing the total transaction value to about $1.22 million. This transaction was not part of a pre-planned trading arrangement.
Insider Buying and Selling at Wynn Resorts, Limited
Tilman Fertitta has been actively trading Wynn Resorts shares in June 2026. On June 24, he sold 300,000 shares at $4.07 each. Earlier in the month, he sold an additional 300,000 shares on June 10 at $4.94, 250,000 shares on June 9 at $6.83, 250,000 shares on June 5 at $4.84, 250,000 shares on June 3 at $5.11, and 300,000 shares on June 1 at $5.67. None of these sales were conducted under a Rule 10b5-1 plan.
Other Institutional Activity in Wynn Resorts
Institutional investors have also been active in Wynn Resorts. Capital World Investors reduced its holdings by 641,157 shares, leaving it with 8,901,235 shares valued at approximately $903.91 million, a 6.7% decrease. In contrast, BlackRock, Inc. increased its stake by 505,330 shares, now holding 5,996,396 shares worth about $608.93 million, marking a 9.2% increase. Vanguard Capital Management LLC opened a new position with 5,268,139 shares valued at $534.98 million. FMR LLC significantly boosted its holdings by 4,145,695 shares, ending with 4,685,108 shares valued at $475.77 million, a 768.6% increase.
Wynn Resorts, Limited Stock Up 5.4%
Shares of NasdaqGS:WYNN traded near $100.44 on Saturday. Wynn Resorts has a market capitalization of $11.13 billion and a P/E ratio of 30.7. The stock's 52-week range spans from $83.45 to $134.72. It has a 50-day moving average of $103.25 and a 200-day moving average of $114.38. The company's current ratio is 1.24, and its quick ratio is 1.12.
$WYNN stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Wynn Resorts reported revenue of $7.29 billion with a growth rate of 9.2%. The company posted an EPS of $3.49, achieving a net margin of 5.14%. The return on equity stands at 0.0514. The next earnings report is expected on May 7, 2026.
Analysts Set New Price Targets
Analysts continue to show confidence in Wynn Resorts. On May 19, 2026, Macquarie maintained a buy rating with a price target of $145. Morgan Stanley, Mizuho, and B of A Securities also maintained buy ratings with targets of $133, $133, and $140, respectively. The consensus among analysts is a strong buy, with an average price target of $135.89.
About Wynn Resorts
Wynn Resorts, Limited is a leading company in the resorts and casinos industry, operating luxurious integrated resorts. With headquarters in Las Vegas, Nevada, the company manages properties like Wynn Palace and Wynn Macau, offering casino gaming, luxury accommodations, dining, retail, and entertainment. Under the leadership of CEO Craig Scott Billings, Wynn Resorts employs approximately 28,500 people.
Bottom Line
Tilman Fertitta's sale of 300,000 shares of Wynn Resorts is part of a series of transactions in June, reflecting ongoing insider activity. Wynn Resorts remains a significant player in the luxury resort market, with a solid market cap and strong analyst support. Investors keep a close eye on these insider trades as they provide insights into the company's internal sentiment, although they are not direct indicators of future performance.
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