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Fly News Breaks for March 4, 2020
Mar 4, 2020 | 08:46 EDT
Amidst the volatility within the gaming segment, VICI executives have stepped up and added to existing holdings, Deutsche Bank analyst Carlo Santarelli tells investors in a research note, citing yesterday's slew of insider buying filings. VICI disclosed that its named executive officers acquired, in total, $1.47M of stock, which equates to increases in each of the individual holdings of at least 8%, says the analyst. Santarelli believes the buys show that the understanding of real estate investment trusts as a safe haven remains underappreciated. The analyst keeps a Buy rating on VICI Properties.
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