Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Director Timothy Throsby of Light & Wonder Inc (NASDAQ:LNW) has recently purchased shares of the company’s common stock, according to a Form 4 filing with the Securities and Exchange Commission. On August 14, 2025, Throsby acquired a total of 19,999 shares in three separate transactions.
The purchases, all designated as open market buys, totaled $1.78 million. Specifically, Throsby bought 10,000 shares at $88.61, 2,201 shares at $89.70, and 7,799 shares at $90.24. The prices for the purchases ranged from $88.61 to $90.24.
Following these transactions, Throsby directly owns 42,082 shares of Light & Wonder, Inc.
In other recent news, Light & Wonder reported its second-quarter 2025 earnings, showing an earnings per share (EPS) of $1.58, which surpassed analyst projections of $1.36 by 16.18%. However, the company faced a revenue shortfall, bringing in $809 million compared to the consensus estimate of $851.1 million. Despite this, the company’s AEBITDA slightly exceeded expectations, coming in at $352 million against the forecast of $351.7 million. Benchmark responded by lowering its price target for Light & Wonder from $100.00 to $90.00, while still maintaining a Buy rating.
JPMorgan also adjusted its outlook on Light & Wonder, downgrading the stock from Overweight to Neutral due to concerns over the company’s growth prospects. The firm reduced its price target to $95.00 from $108.00, noting that the revised FY25 EBITDA guidance now factors in contributions from the Grover acquisition. These developments reflect a mix of positive earnings performance and challenges in meeting revenue expectations. Investors are keeping a close eye on Light & Wonder’s strategic moves and market positioning amid these updates.
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