VICI Properties Inc
NYSE:VICI
During the last 3 months VICI Properties Inc insiders have not bought any shares, and have not sold any shares. The stock price has increased by 7% over this period (open performance analysis).
The last transaction was made on
Sep 12, 2024
by
Wasserman Gabriel
(Vice President - Controller)
, who
sold
420.1k USD
worth of VICI shares.
During the last 3 months VICI Properties Inc insiders have not bought any shares, and have not sold any shares. The stock price has increased by 7% over this period (open performance analysis).
The last transaction was made on
Sep 12, 2024
by
Wasserman Gabriel
(Vice President - Controller)
, who
sold
420.1k USD
worth of VICI shares.
VICI Properties Inc
Glance View
VICI Properties Inc. presents a unique narrative in the world of real estate investment, with its origins rooted in the dynamic gaming and entertainment industry. Spun off from Caesars Entertainment Corporation in 2017, VICI has rapidly grown to become one of the largest owners of gaming, hospitality, and entertainment destinations in the United States. The company operates as a real estate investment trust (REIT), which means it generates income primarily through leasing its expansive portfolio of properties to major gaming and entertainment operators. This model allows VICI to collect stable and predictable rental revenues, underpinned by long-term triple-net lease agreements, which essentially place the responsibility of property expenses—such as maintenance, insurance, and property taxes—on the tenants. This structure not only guarantees steady cash flows for VICI but also reduces its exposure to operational volatility. VICI's portfolio is not just notable for its scale but also for its strategic locations and iconic assets. The company owns a variety of famous properties, including Caesars Palace in Las Vegas, which are often situated in key tourist and entertainment hubs. These high-demand locations ensure a robust tenant occupancy rate and leverage VICI's leverage in negotiating favorable lease terms. Moreover, VICI capitalizes on opportunities to expand and diversify its portfolio by acquiring properties with strong economic moats, further solidifying its market position. Its growth strategy encompasses both organic expansion through property enhancements and strategic acquisitions fueled by partnerships and joint ventures. In this way, VICI Properties continues to bridge the exciting world of entertainment with the stability of real estate investment, maintaining a solid footing in a niche market characterized by enduring consumer appeal.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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