GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Ameristar Casinos Inc. (ASCA) Chairman of the Board, 10% Owner Ray H Neilsen sells 8,882 Shares

August 11, 2009 | About:
insider

Chairman of the Board, 10% Owner of Ameristar Casinos Inc. (ASCA) Ray H Neilsen sells 8,882 shares of ASCA on 08/10/2009 at an average price of $18.76 a share.

Ameristar Casinos Inc. is a leading Las Vegas-based gaming and entertainment company known for its premier properties characterized by innovative architecture state-of-the-art casino floors and superior dining lodging and entertainment offerings. Ameristar\'s focus on the total entertainment experience and the highest quality guest service has earned it a leading market share position in each of the markets in which it operates. Founded in 1954 in Jackpot Nevada Ameristar has been a public company since November 1993. The company has a portfolio of seven casinos in six markets: Ameristar St. Charles; Ameristar Kansas City; Ameristar Council Bluffs; Ameristar Vicksburg; Ameristar Black Hawk; and Cactus Petes and the Horseshu in Jackpot Nevada. Ameristar Casinos Inc. has a market cap of $1.03 billion; its shares were traded at around $18.02 with a P/E ratio of 13.8 and P/S ratio of 0.8. The dividend yield of Ameristar Casinos Inc. stocks is 2.3%. Ameristar Casinos Inc. had an annual average earning growth of 20% over the past 10 years. GuruFocus rated Ameristar Casinos Inc. the business predictability rank of 3-star.

ASCA is in the portfolios of Bruce Sherman of Private Capital Management.

Recent Trades of Ameristar Casinos Inc. by Directors and Officers:


  • Sell: Chairman of the Board, 10% Owner Ray H Neilsen sold 40,000 shares of ASCA stock on 05/06/2009 at the average price of $22.22; the price of the stock has decreased by 18.9% since.
  • Sell: SVP, GC, Chief Admin Officer Peter Walsh sold 2,600 shares of ASCA stock on 05/05/2009 at the average price of $22.5; the price of the stock has decreased by 19.91% since.
  • Sell: SVP, GC, Chief Admin Officer Peter Walsh sold 30,408 more shares of ASCA stock on 05/05/2009 at the average price of $22.3; the price of the stock has decreased by 19.19% since.
  • Sell: Chairman of the Board, 10% Owner Ray H Neilsen sold 77,324 shares of ASCA stock on 05/04/2009 at the average price of $19.94; the price of the stock has decreased by 9.63% since.



Rating: 2.5/5 (4 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide