Light & Wonder Insiders Increase Holdings Amid Optimism.

In the last year, multiple insiders of Light & Wonder have increased their holdings of the company's stock, indicating optimism about its prospects. The CEO, President & Director, Matthew Wilson, made the biggest insider sale, buying $939k worth of shares at $105 each. However, insiders paid $3.2m for 37.76k shares, and there was more buying than selling overall. Insider ownership is 0.6%, with $44m worth of shares owned.

In the past year, multiple insiders at Light & Wonder, Inc. have increased their holdings in the company's stock, signaling optimism about its future prospects. According to recent SEC filings, insiders have been actively buying shares, with the CEO, President & Director, Matthew Wilson, making the most significant purchase. Wilson bought $939,000 worth of shares at $105 each, while other insiders paid $3.2 million for 37,760 shares. Overall, there was more buying than selling, with insider ownership currently at 0.6%, equating to $44 million worth of shares [3].

Light & Wonder, Inc. is a cross-platform global games company focusing on content and digital markets. The company operates in segments including Gaming, SciPlay, and iGaming. The Gaming segment designs, develops, manufactures, markets, and distributes a comprehensive portfolio of gaming content, products, and services. SciPlay specializes in digital games on mobile and Web platforms, primarily in the social gaming market and hyper-casual space. The iGaming segment provides a suite of digital gaming content, distribution platforms, player account management systems, and other iGaming services [3].

The latest insider buying activity comes amidst positive financial reports. Light & Wonder reported a revenue figure of $809 million for Q2 2025, up 16% year-on-year. Flutter, which Light & Wonder is a part of, saw its Q2 revenues rise by the same margin to total $4.19 billion. These positive financial results suggest that insiders are confident in the company's growth trajectory [2].

Former Crown Resorts majority shareholder James Packer has also invested heavily in Light & Wonder. Packer has reportedly invested AU$310 million into Light & Wonder and AU$200 million into Flutter, totaling AU$510 million (US$332.1 million) [2]. This investment, made through Packer's private AU$2 billion CPH 2030 fund, is a significant vote of confidence in the company's potential.

The insider buying activity and substantial investments from high-profile individuals like James Packer indicate a positive outlook for Light & Wonder. As the company continues to expand its gaming portfolio and digital market presence, investors should closely monitor its financial performance and strategic developments.

References:
[1] https://finance.yahoo.com/quote/LNW/holders/
[2] https://www.gamblinginsider.com/news/30771/former-crown-owner-james-packer-invests-in-flutter-and-light-wonder
[3] https://www.marketscreener.com/news/light-wonder-insider-bought-shares-worth-1-787-311-according-to-a-recent-sec-filing-ce7c51dfdf80fe2d