A company insider recently bought 10,000 shares of PENN Entertainment Inc [PENN]. Should You Buy?

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. PENN Entertainment Inc shares valued at $148,264 were purchased by HANDLER DAVID A on May 22 ’25. At $14.83 per share, HANDLER DAVID A acquired 10,000 shares. The insider’s holdings grew to 322,941 shares worth approximately $6.23 million following the completion of this transaction.

Also, Snowden Jay A purchased 34,000 shares, netting a total of over 499,766 in proceeds. Following the buying of shares at $14.70 each, the insider now holds 1,082,625 shares.

Before that, Rogers Christopher Byron had added 3,737 shares to its account. In a trade valued at $59,792, the insider bought PENN Entertainment Inc shares for $16.00 each. Upon closing the transaction, the insider’s holdings increased to 3,737 shares, worth approximately $1.76 million.

As published in a research note from Citizens JMP on June 26, 2025, PENN Entertainment Inc [PENN] has been rated up from a Mkt perform to a Mkt outperform and the price target has been revised to $24. Analysts at JP Morgan started covering the stock with ‘”an Overweight”‘ outlook in a report released in late June. As of December 13, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for PENN.

Analyzing PENN Stock Performance

On last trading session,, PENN Entertainment Inc [NASDAQ: PENN] rose 4.55% to $19.3. The stock’s lowest price that day was $18.32, but it reached a high of $19.47 in the same session. During the last five days, there has been a surge of approximately 3.71%. Over the course of the year, PENN Entertainment Inc shares have dropped approximately -3.84%. Shares of the company reached a 52-week high of $23.08 on 02/14/25 and a 52-week low of $13.25 on 04/04/25.

Support And Resistance Levels for PENN Entertainment Inc (PENN)

According to the 24-hour chart, there is a support level at 18.59, which, if violated, would cause prices to drop to 17.87. In the upper region, resistance lies at 19.75. The next price resistance is at 20.19. RSI (Relative Strength Index) is 71.32 on the 14-day chart, showing overbought technical sentiment.

Is PENN Entertainment Inc subject to short interest?

Stocks of PENN Entertainment Inc saw a sharp rise in short interest on 2025-06-13 jumping by 1.15 million shares to 20.62 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 19.46 million shares. A jump of 5.58% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.44 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.44.

Which companies own the most shares of PENN Entertainment Inc (PENN)?

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In terms of PENN Entertainment Inc share price expectations, FactSet research, analysts set an average price target of 25 in the next 12 months, up nearly 35.43% from the previous closing price of $18.46. Analysts anticipate PENN Entertainment Inc stock to reach 25 by 2025, with the lowest price target being 25. In spite of this, 24 analysts ranked PENN Entertainment Inc stock as Buy at the end of 2025.

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