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Marianne Boyd Johnson, Executive Chairman of Boyd Gaming Corp (NYSE:BYD), sold 100,000 shares of common stock on August 13, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The transaction comes as Boyd Gaming trades near its 52-week high of $87.76, having delivered an impressive 50.64% return over the past year. According to InvestingPro, management has been actively buying back shares, suggesting continued confidence in the company’s value proposition. The shares were sold at a weighted average price of $84.17, for a total transaction value of $8,417,000. Prices for the sales ranged from $83.84 to $84.43.
Following the transaction, Johnson continues to hold shares indirectly through several trusts, limited liability companies, and a limited partnership. These include 1,504,379 shares held by the Marianne Boyd Johnson Gaming Properties Trust, 4,800,000 shares held by WSB-BYD, LLC, 25,555 shares held by the Justin Boyd Education Trust Dated 11/1/99, 90,964 shares held by the Johnson Children’s Trust Dated 6/24/96, 2,387,949 shares held by BG-00 Limited Partnership, 1,100,000 shares held by BG-SUB, LLC, and 4,004,000 shares held by BYD-SST LLC. Johnson also directly owns 39,088 shares.
In other recent news, Boyd Gaming Corporation reported impressive financial results for the second quarter of 2025, with earnings per share reaching $1.87, surpassing analysts’ expectations of $1.65. The company’s revenue also exceeded forecasts, totaling $1.03 billion against the anticipated $979.42 million. Additionally, Boyd Gaming completed the sale of its 5% equity stake in FanDuel Group to Flutter Entertainment for $1.758 billion in cash. This transaction is expected to aid the company in reducing debt and continuing its investment strategy. Furthermore, Boyd Gaming announced a quarterly cash dividend of $0.18 per share, payable on October 15, 2025, to shareholders of record as of September 15, 2025. This move aligns with the company’s ongoing commitment to returning capital to shareholders. These developments highlight Boyd Gaming’s strategic financial maneuvers and robust performance in recent months.
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