Snowden Jay A

PENN CEO Snowden buys 34,700 shares at $14.32; stock down 31.4% from 52-week high amid $864.6M loss.

CEO Jay Snowden purchased 34,700 shares at $14.32, increasing his holdings from 1,082,625 to 1,117,325 shares. The purchase occurs as PENN trades 31.4% below its 52-week high and 3.9% lower over the past 30 days, while the company reported a net loss of $864.6M over its most recent full fiscal year. Snowden's prior three trades at PENN show a consistent timing pattern: his May 2025 buy returned 16.0% over 30 days and 27.0% over 90 days, his September 2024 buy returned 21.2% over 90 days despite a -0.1% 30-day dip, and his December 2023 sell preceded a 32.6% decline, demonstrating 3 of 3 trades were well-timed at the 90-day mark. This open-market purchase by the CEO at a depressed level, paired with his historical success timing entries and exits at this specific ticker, warrants investor attention to whether the company's operational challenges and losses are near stabilization.

PENN CEO Snowden buys 34,000 shares at $14.70 on 5/22/25, expanding position to 1,082,625 shares amid -35.5% decline from 52-week high.

CEO Jay A Snowden purchased 34,000 shares at $14.70 (total value $499.8K), expanding his holdings by 3.2% to 1.08M shares. This occurs as PENN trades at $14.66, down -35.5% from its 52-week high of $22.73, and following a -29.9% decline over the past 90 days. Notably, Snowden's prior trade at PENN—a buy in September 2024—produced a +21.2% return over 90 days, and his same-ticker track record shows 2 of 2 prior trades were well-timed at the 90-day mark. The filing also reveals that 2 other insiders bought within the past 14 days, establishing a cluster buying pattern. The company reported $1.7B in latest-quarter revenue with +3.4% annual growth, though full-year net income was negative despite the most recent quarter posting $111.8M in net income.

PENN CEO Snowden buys 54,200 shares for $999.4K at $18.44 amid -31.4% pullback from 52-week high

CEO Jay A. Snowden purchased 54,200 shares of PENN Entertainment for $999,448.00 at $18.44 on 2024-09-03, increasing his holdings by 6.8% to 853,045 shares. The purchase occurs at a price 31.4% below the 52-week high of $26.60, during a period when the stock has recovered 11.6% over the 90-day period. This contrasts with Snowden's sole prior open-market transaction at PENN (a sell in December 2023 that preceded a 32.6% decline), though his cross-ticker track record shows a 100% well-timed sell rate with a -32.6% average 90-day return. The company remains unprofitable with negative net income of $26.8M on $1.7B in quarterly revenue and flat annual revenue growth, creating context for evaluating whether the purchase reflects conviction or other considerations.