Las Vegas Sands Slides as Investors Weigh Macau Softness and Recent Earnings Pressure

Las Vegas Sands (LVS) is down 4.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be continued investor concern about Macau demand and margins after a weak second-quarter report, rather than a single fresh company announcement today. This could also be because traders are still reacting to softer recent gaming revenue trends in Macau, which matters heavily for Las Vegas Sands.

Details:

Sources:

Las Vegas Sands Investor Relations, SEC, DICJ

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$LVS Insider Trading Activity

$LVS insiders have traded $LVS stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $LVS stock by insiders over the last 6 months:

To track insider transactions, check out Quiver Quantitative’s insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$LVS Hedge Fund Activity

We have seen 321 institutional investors add shares of $LVS stock to their portfolio, and 512 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• CAPITAL RESEARCH GLOBAL INVESTORS removed 16,232,863 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $858,880,781
• D. E. SHAW & CO., INC. added 4,074,834 shares (+81.9%) to their portfolio in Q2 2026, for an estimated $188,216,582
• PACER ADVISORS, INC. added 2,620,159 shares (+inf%) to their portfolio in Q2 2026, for an estimated $121,025,144
• BAMCO INC /NY/ added 2,557,848 shares (+208.6%) to their portfolio in Q2 2026, for an estimated $118,146,999
• ARGA INVESTMENT MANAGEMENT, LP removed 2,484,330 shares (-66.3%) from their portfolio in Q2 2026, for an estimated $114,751,202
• SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,912,066 shares (+inf%) to their portfolio in Q2 2026, for an estimated $88,318,328
• NORGES BANK removed 1,867,724 shares (-33.3%) from their portfolio in Q2 2026, for an estimated $86,270,171

To track hedge funds’ stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$LVS Price Targets

Multiple analysts have issued price targets for $LVS recently. We have seen 8 analysts offer price targets for $LVS in the last 6 months, with a median target of $65.5.

Here are some recent targets:

• Brandt Montour from Barclays set a target price of $63.0 on 07/09/2026
• Chad Beynon from Macquarie set a target price of $66.0 on 07/07/2026
• Robin Farley from UBS set a target price of $62.0 on 06/04/2026
• Ben Chaiken from Mizuho set a target price of $67.0 on 04/23/2026
• Stephen Grambling from Morgan Stanley set a target price of $69.0 on 04/23/2026
• Steven Wieczynski from Stifel set a target price of $74.0 on 04/23/2026
• David Katz from Jefferies set a target price of $63.0 on 04/23/2026

This article is not financial advice. See Quiver Quantitative’s disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.