Jane Scaccetti, a member of PENN Entertainment's board, completed a direct purchase of 8,000 shares of PENN common stock on March 2, 2026. The trades were executed at a weighted average price of $15.09 per share, with transaction prices ranging from $15.05 to $15.12, for a total outlay of $120,720. After the transaction, Scaccetti's direct ownership stands at 117,153 shares.
The insider buy comes against a mixed market backdrop for PENN's shares. The stock has appreciated nearly 17% during the past week, yet it remains down roughly 28% compared with its level a year ago. Separately, InvestingPro's Fair Value assessment flags PENN as appearing undervalued at current market levels and highlights an available Pro Research Report as one of 1,400+ research pieces that transform financial data for investors seeking more detailed analysis.
On the fundamentals front, PENN reported fourth-quarter 2025 results that combined a positive surprise on the bottom line with a notable top-line shortfall. The company delivered earnings per share of $0.07, outperforming the consensus expectation that had anticipated a loss of $0.07. Revenue, however, missed expectations by 20.45%.
Management and investors heard that the Interactive segment was a bright spot for the quarter; the business unit's performance was emphasized during the company's earnings call. Management also pointed to planned strategic cost optimizations as contributors to the favorable EPS outcome despite the revenue miss.
Analyst reactions after the release were mixed but leaned toward cautious optimism from some firms. Citizens reiterated a Market Outperform rating on PENN and kept a $24.00 price target following the fourth-quarter results. That firm highlighted PENN's generation of $388 million in EBITDAR, which it said exceeded consensus estimates by 2%, and noted that casino revenue broadly matched expectations.
Needham maintained its Hold rating. That firm described adjusted EBITDAR as roughly in line with expectations and called out a modest beat within the Interactive segment.
Looking ahead, the company expects its Interactive division to reach breakeven adjusted EBITDA by 2026, an improvement from a projected negative $268 million in 2025. That guidance frames management's near-term expectations for the segment while investors weigh the overall revenue shortfall against cost actions and the operational performance of the Interactive business.
Scaccetti's purchase and the company's recent results will likely be considered together by market participants assessing PENN's valuation and near-term trajectory. The purchase increases an insider's direct stake at a time when the stock is showing volatile short-term movement and notable weakness over the past year.