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PENN Penn National Gaming

With the nation's largest and most diversified regional gaming footprint, including 41 properties across 19 states, Penn National continues to evolve into a highly innovative omni-channel provider of retail and online gaming, live racing and sports betting entertainment. The Company's properties feature approximately 50,000 gaming machines, 1,300 table games and 8,800 hotel rooms, and operate under various well-known brands, including Hollywood, Ameristar, and L'Auberge. Its wholly-owned interactive division, Penn Interactive, operates retail sports betting across the Company's portfolio, as well online social casino, bingo, and iCasino products. In February 2020, Penn National entered into a strategic partnership with Barstool Sports, whereby Barstool is exclusively promoting the Company's land-based and online casinos and sports betting products, including the Barstool Sportsbook mobile app, to its national audience. The Company's omni-channel approach is bolstered by the mychoice loyalty program, which rewards and recognizes its over 20 million members for their loyalty to both retail and online gaming and sports betting products with the most dynamic set of offers, experiences, and service levels in the industry.

Company profile

PENN stock data

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Calendar

6 May 21
31 Jul 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
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Dec 20 Dec 19 Dec 18 Dec 17
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Financial data from company earnings reports.

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
22 Jun 21 Carlino Peter M Common Stock Other Aquire J Yes No 0 181,192 0 1,248,512
10 Jun 21 Gupta Vimla Black Common Stock Grant Aquire A No No 0 3,057 0 3,404
10 Jun 21 Gupta Vimla Black Common Stock Grant Aquire A No No 0 347 0 347
12 Apr 21 Jay A Snowden Common Stock Grant Aquire A No No 0 38,897 0 530,496
12 Apr 21 Jay A Snowden Common Stock Grant Aquire A No No 0 300,000 0 491,599
12 Apr 21 Christine LaBombard Common Stock Grant Aquire A No No 0 1,731 0 18,037

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

86.4% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 595 501 +18.8%
Opened positions 160 133 +20.3%
Closed positions 66 71 -7.0%
Increased positions 192 166 +15.7%
Reduced positions 174 143 +21.7%
13F shares
Current Prev Q Change
Total value 14.15B 12.3B +15.0%
Total shares 135.09M 142.38M -5.1%
Total puts 6.31M 5.37M +17.4%
Total calls 9.44M 7.98M +18.3%
Total put/call ratio 0.7 0.7 -0.7%
Largest owners
Shares Value Change
FMR 20.88M $2.19B +1.6%
BLK Blackrock 16.07M $1.68B -16.6%
Vanguard 15.14M $1.59B +9.2%
Bamco 11.28M $1.18B -1.0%
IVZ Invesco 7.91M $829.78M +9.7%
Wellington Management 6.56M $687.51M +10.1%
STT State Street 5.66M $593.74M +22.6%
BAC Bank Of America 4.11M $431.24M +50.6%
Geode Capital Management 3.39M $354.59M +40.3%
Whale Rock Capital Management 2.38M $249.75M -56.6%
Largest transactions
Shares Bought/sold Change
BLK Blackrock 16.07M -3.2M -16.6%
Whale Rock Capital Management 2.38M -3.11M -56.6%
BAC Bank Of America 4.11M +1.38M +50.6%
Norges Bank 0 -1.36M EXIT
Vanguard 15.14M +1.27M +9.2%
Tybourne Capital Management 0 -1.23M EXIT
STT State Street 5.66M +1.04M +22.6%
Geode Capital Management 3.39M +972.87K +40.3%
Holocene Advisors 0 -903.59K EXIT
Fred Alger Management 1.4M +901.79K +179.3%

Financial report summary

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Management Discussion
  • (1)The Other category consists of the Company’s stand-alone racing operations, namely Sanford-Orlando Kennel Club and the Company’s joint venture interests in Sam Houston Race Park, Valley Race Park, and Freehold Raceway; our management contract for Retama Park Racetrack and our live and televised poker tournament series that operates under the trade name, Heartland Poker Tour ("HPT"). The Other category also includes Penn Interactive, which operates our social gaming, internally-branded retail sportsbooks, iGaming and our Barstool Sports online sports betting app. Expenses incurred for corporate and shared services activities that are directly attributable to a property or are otherwise incurred to support a property are allocated to each property. The Other category also includes corporate overhead costs, which consist of certain expenses, such as: payroll, professional fees, travel expenses and other general and administrative expenses that do not directly relate to or have not otherwise been allocated to a property. In addition, Adjusted EBITDAR of the Other category includes our proportionate share of the net income or loss of Barstool Sports after adding back our share of non-operating items (such as interest expense, net; income taxes; depreciation and amortization; and stock-based compensation expense).
Content analysis
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