Top Insider Transactions for 6/6/2012
Insider Transactions – June 6, 2012
Notable Insider Buys:
1. Scientific Games Corporation (SGMS): $8.56
Director Ronald O. Perelman acquired 805,000 shares of this casino and lottery equipment provider, paying $8.14 per share for a total amount of $6.6 million. These shares were purchased indirectly through various entities that are controlled by Mr. Perelman.
Things appear to be turning around at Scientific Games as losses have narrowed and the company managed to post positive net income in two out of the last four quarters despite continued top line erosion.
We wrote the following about the company in December 2010, “Scientific Games stands out ...
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