Anthony Brian Goodman Sells 20,000 Shares of Meridian Holdings Inc. Common Stock (NASDAQ:MRDN) Stock

Meridian Holdings Inc. Common Stock (NASDAQ:MRDN) CEO Anthony Brian Goodman sold 20,000 shares of the stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $7.03, for a total transaction of $140,600.00. Following the completion of the transaction, the chief executive officer owned 551,176 shares of the company’s stock, valued at approximately $3,874,767.28. The trade was a 3.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Anthony Brian Goodman also recently made the following trade(s):

• On Wednesday, April 15th, Anthony Brian Goodman sold 6,900 shares of Meridian Holdings Inc. Common Stock stock. The stock was sold at an average price of $6.93, for a total transaction of $47,817.00.
• On Tuesday, April 14th, Anthony Brian Goodman sold 100 shares of Meridian Holdings Inc. Common Stock stock. The stock was sold at an average price of $6.90, for a total transaction of $690.00.
• On Monday, April 13th, Anthony Brian Goodman sold 713 shares of Meridian Holdings Inc. Common Stock stock. The stock was sold at an average price of $6.90, for a total transaction of $4,919.70.
• On Friday, April 10th, Anthony Brian Goodman sold 903 shares of Meridian Holdings Inc. Common Stock stock. The shares were sold at an average price of $6.99, for a total transaction of $6,311.97.
• On Thursday, April 9th, Anthony Brian Goodman sold 10,000 shares of Meridian Holdings Inc. Common Stock stock. The shares were sold at an average price of $7.00, for a total transaction of $70,000.00.
• On Tuesday, April 7th, Anthony Brian Goodman sold 1,006 shares of Meridian Holdings Inc. Common Stock stock. The shares were sold at an average price of $6.90, for a total transaction of $6,941.40.
• On Tuesday, March 31st, Anthony Brian Goodman sold 248 shares of Meridian Holdings Inc. Common Stock stock. The shares were sold at an average price of $7.25, for a total transaction of $1,798.00.

Meridian Holdings Inc. Common Stock Stock Performance

NASDAQ:MRDN opened at $6.39 on Friday. The stock has a market cap of $80.78 million, a price-to-earnings ratio of -0.86 and a beta of 0.28. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.59 and a quick ratio of 0.50. Meridian Holdings Inc. Common Stock has a fifty-two week low of $5.80 and a fifty-two week high of $26.52.

Meridian Holdings Inc. Common Stock (NASDAQ:MRDN) last released its quarterly earnings data on Tuesday, March 31st. The company reported ($7.09) earnings per share for the quarter. The firm had revenue of $49.58 million for the quarter. Meridian Holdings Inc. Common Stock had a negative net margin of 49.16% and a negative return on equity of 87.11%.

Trending Headlines about Meridian Holdings Inc. Common Stock

Here are the key news stories impacting Meridian Holdings Inc. Common Stock this week:

• Positive Sentiment: Expanse Studios (a Meridian subsidiary) launched a proprietary jackpot and tournament system intended to boost player engagement and B2B operator monetization — a product/monetization catalyst that could help revenue and retention if adopted. Expanse Studios Launch
• Neutral Sentiment: Despite recent sales, CEO Anthony Goodman remains heavily invested — directly owning roughly 532,542 shares (still a meaningful insider stake), which some investors interpret as alignment with shareholders rather than a full exit. (SEC filings linked below.)
• Negative Sentiment: CEO Anthony Goodman executed a string of sales April 8–15 totaling about 38,616 shares for proceeds of roughly $270k (prices ~ $6.90–$7.03). Repeated insider selling is weighing on sentiment for this small-cap name and likely contributed to the intraday weakness. SEC Form 4 filings
• Negative Sentiment: Recent fundamentals are weak: the company reported a large quarterly loss (EPS -$7.09 on March 31) and negative margins/ROE. An analyst initiated coverage with a “Sell (e+)” rating, leaving consensus sentiment negative — both factors can suppress demand for the shares. Weiss Ratings initiation

Wall Street Analyst Weigh In

Separately, Weiss Ratings initiated coverage on shares of Meridian Holdings Inc. Common Stock in a research note on Tuesday, April 7th. They set a “sell (e+)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Meridian Holdings Inc. Common Stock

Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region.