Las Vegas Sands CEO Goldstein sells $25.2 million in stock

Published 07/11/2025, 22:34
Las Vegas Sands CEO Goldstein sells $25.2 million in stock

Las Vegas Sands Corp (NASDAQ:LVS) Chairman and CEO Robert G. Goldstein sold 400,000 shares on November 5 and 360,000 shares on November 6, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales totaled $25.2 million. The stock, currently trading at $65.21, has shown impressive momentum with a 60% gain over the past six months and is now trading near its 52-week high of $63.36.

On November 5, Goldstein sold 40,000 shares of common stock at a weighted average price of $62.98, for a total of $2,519,200. Prices for the shares sold ranged from $62.58 to $63.06.

On November 6, the CEO sold 360,000 shares at a weighted average price of $63.05, for a total of $22,698,000. Prices for the shares sold ranged from $62.73 to $63.30.

The filing also indicates that on November 5 and 6, Goldstein exercised options to acquire 400,000 and 360,000 shares, respectively, at an exercise price of $34.28 per share, for a total value of $13,712,000. Las Vegas Sands boasts impressive gross profit margins of nearly 80% and has raised its dividend for three consecutive years. For deeper insights on LVS and access to its comprehensive Pro Research Report, visit InvestingPro.

In other recent news, Las Vegas Sands reported stronger-than-expected earnings for the third quarter of 2025. The company’s earnings per share reached $0.78, surpassing the forecasted $0.61, while revenue came in at $3.33 billion against an anticipated $3.06 billion. These positive results were bolstered by impressive performance in Singapore, particularly at Marina Bay Sands, which continues to set new records each quarter. Analysts have responded to these developments with various upgrades. Stifel raised its price target to $68, maintaining a Buy rating, noting a more realistic $3 billion EBITDA target for Singapore operations. Goldman Sachs increased its price target to $64, citing stronger-than-expected third-quarter results, especially from Singapore, with EBITDA reaching approximately $743 million. Mizuho also raised its target to $63, highlighting market share gains in Macau and improved operations in Singapore. CFRA adjusted its target to $63 as well, reflecting continued outperformance in Singapore and stability in Macau.

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