19 Mid- And Large-Cap Stocks Insiders Are Buying After Trump’s Tariff Rollout

3. Wynn Resorts, Limited (NASDAQ:WYNN)

Market Cap: $7.81 billion

Wynn Resorts, based in Paradise, Nevada, is a global developer and operator of luxury hotels and casinos, with properties in Las Vegas, Macau, and Boston. Its offerings include upscale gaming experiences and high-end accommodations. The company recently secured a $2.4 billion construction loan to fund Wynn Al Marjan Island, the first integrated resort in the United Arab Emirates.

Last year, the company’s operating revenue reached $7.13 billion, up from $6.53 billion in 2023. Net income attributable to Wynn Resorts amounted to $501.08 million, which compares to $730 million in the prior year.

In April, one insider, J Tilman Fertitta, bought $27.87 million worth of Wynn Resorts shares at an average price of $69.44 per share. With three April purchases, Fertitta acquired 400,000 Wynn Resorts shares, increasing his ownership to 13 million shares.

Wynn Resorts was also impacted by April’s stock market conditions, with its share price dropping from $86.16 at the beginning of the year to $66.10 on April 8. Currently, it trades at $73.54, having lost 26.05% over the past 12 months.

Recently, Mad Money host Jim Cramer commented on the stock and praised the company’s CEO Craig Billings. “Notice, look at this, WYNN is up 3.7. Look I gotta tell you, you want impressive, go to this guy. . .Craig Billings. . .I think he’s one of the most impressive CEOs. He’s from Goldman, he’s a genius,” Cramer said.

The consensus rating for Wynn Resorts stock from 13 analysts is a “Strong Buy” with a price target of $119.31 per share. This indicates a potential upside of 62.24% from the latest price, according to StockAnalysis.