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Boyd Gaming CFO Sells $2M in Shares
Josh Hirsberg reduces stake by 5.2% through stock sale
Mar. 2, 2026 at 6:55pm
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Boyd Gaming Corporation (NYSE:BYD) Chief Financial Officer Josh Hirsberg sold 23,924 shares of the company's stock on February 26th, 2026. The shares were sold at an average price of $85.86, resulting in a total transaction value of $2,054,114.64. Following the sale, Hirsberg still directly owns 435,746 shares in the company, valued at approximately $37.4 million.
Why it matters
Insider transactions, such as stock sales by company executives, can provide insights into management's views on the company's prospects. Hirsberg's sale represents a 5.2% reduction in his personal stake in Boyd Gaming, which could signal his belief that the stock is overvalued or that he wants to diversify his personal holdings.
The details
The stock sale was disclosed in a filing with the Securities and Exchange Commission. Boyd Gaming is a diversified hospitality and gaming company headquartered in Las Vegas, Nevada. The company operates a portfolio of branded gaming and entertainment properties, including casinos, hotels, restaurants, and meeting facilities.
- The stock sale occurred on Thursday, February 26th, 2026.
The players
Josh Hirsberg
The Chief Financial Officer of Boyd Gaming Corporation.
Boyd Gaming Corporation
A diversified hospitality and gaming company headquartered in Las Vegas, Nevada that develops, owns, and operates a portfolio of branded gaming and entertainment properties.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident
The takeaway
Insider transactions can provide valuable insights into a company's prospects, and Hirsberg's stock sale suggests he may believe Boyd Gaming's shares are overvalued or that he wants to diversify his personal holdings. However, it's important to note that insider transactions do not necessarily indicate a company's future performance, and investors should consider a range of factors when making investment decisions.
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