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The latest announcement is out from Entain plc ( (GB:ENT) ).
Entain plc announced that Eminence Capital, LP, a person closely associated with a Non-Executive Director of Entain, conducted a rebalancing transaction that involved the simultaneous sale and purchase of 915,603 ordinary shares at 694.80p per share, without changing the aggregate holding of the funds and accounts managed by Eminence Capital. This transaction highlights the internal portfolio adjustments within Entain, which maintain the stability of its shareholdings while complying with regulatory requirements, reflecting a strategic approach to fund management.
More about Entain plc
Entain plc is a FTSE100 company and one of the world’s largest sports betting and gaming groups, operating both online and in the retail sector. It owns a wide array of established sports and gaming brands and is involved in a long-term strategic partnership with TAB New Zealand. The company operates in over 30 territories with a focus on domestically regulated markets and holds a significant position in the US through its joint venture BetMGM.
YTD Price Performance: -1.57%
Average Trading Volume: 1,991,203
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £4.32B
For detailed information about ENT stock, go to TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
