MGM MGM Resorts International Insider Trading

IAC Inc. (10% owner) purchases 1,000,000 shares of MGM at blended average $37.22, expanding stake by 1.5% to 66.82M shares.

IAC Inc., which holds a 10% ownership stake in MGM Resorts, executed two separate purchases totaling 1,000,000 shares for $37,223,500.00 ($37.2M) over March 23–24, 2026, increasing its holdings from 65.82M to 66.82M shares. The timing occurred when MGM was trading near its 52-week high (current $37.49 vs. 52-week peak $39.77) and following a sharp 30-day rally of +9.5%. MGM's fundamentals remain challenged, with negative net income of $-285.3M against $4.3B in quarterly revenue and an elevated P/E of 48.69, suggesting the accumulation reflects a strategic capital deployment by a major shareholder rather than a bet on near-term operational recovery. Prior to this transaction, IAC's single prior MGM trade (December 2025) showed solid 90-day timing with a +2.3% return, establishing a pattern of constructive accumulation at this ticker.

MGM Resorts director Keith A. Meister sold 37,500 shares at $34.27 on 2026-03-09, retaining 5,347,978 shares post-transaction.

Meister sold 37,500 shares (0.7% of his pre-transaction holdings) at $34.27, with MGM currently trading at $35.64, -10.4% from its 52-week high of $39.77. His prior MGM sales (September 2025, June 2025) showed mixed outcomes: the September sell saw a subsequent -11.7% 30-day decline but a +5.0% 90-day return, while the June sales produced +18.2% and +16.7% 30-day gains with +10.1% and +8.7% 90-day returns respectively. None of his 3 prior MGM sells were well-timed at the 90-day mark. MGM's fundamentals show net income of -$285.3M (latest quarter) against revenue of $4.3B, a high P/E of 46.29, and modest annual revenue growth of +1.7%. The modest sale size relative to his 5.35M-share position and the stock's current proximity to year-to-date lows offer limited directional signal.

IAC Inc. (10% owner) adds 1,098,748 shares of MGM at $36.30, raising stake to 65.82M shares ($39.9M purchase).

IAC, a 10% shareholder of MGM Resorts, purchased 1,098,748 shares at $36.30 on 2025-12-05, increasing its total holdings from 64,723,602 to 65,822,350 shares. The purchase represents a 1.7% increase in IAC's existing MGM position and valued at $39,884,552.40. The transaction occurred while MGM trades at $35.89—below the purchase price by $0.41—and well below its 52-week high of $40.37 (currently -11.1% from peak). MGM faces headwinds including negative net income of $-285,255,000.00 in the latest quarter despite positive annual revenue growth of +6.7%, and an elevated P/E ratio of 143.56 reflective of depressed earnings. The purchase by a controlling insider at these levels, coupled with MGM's ongoing profitability challenges and valuation metrics, warrants scrutiny of the strategic intent behind this incremental accumulation.

MGM Chief Legal Officer John McManus sells 60,000 shares ($2.2M) at $36.12; 4-prior-trade pattern 100% well-timed at 90-day mark.

McManus reduced his MGM position by 60,000 shares (65.6% of pre-transaction holdings), executing this sale at $36.12 on 2025-09-15. His prior trades at MGM show a disciplined pattern: all 4 previous sales were well-timed by the 90-day measure, with 90-day returns of -5.8%, -0.1%, -6.1%, and -3.9%, indicating the stock declined after each sale. His cross-ticker track record shows 4 prior sells with an average 90-day return of -9.8% and a 100% well-timed rate, reinforcing a consistent pattern of selling before downturns. At the current price of $35.64, the stock is -15.1% from its 52-week high of $41.99, placing this sale within the insider's established pattern of forward-looking execution relative to subsequent price action.

Director Meister sells 242,000 MGM shares at $35.42; retains 5,385,478 shares post-sale

Keith A. Meister sold 242,000 shares (representing a -4.3% reduction in holdings) at $35.42 on 2025-09-11, grossing $8.6M while maintaining a substantial position of 5,385,478 shares. The current price of $35.34 sits -15.8% below the 52-week high of $41.99, and the transaction occurred within the last 30 days at a price above the current level. His cross-ticker track record shows a 60.00% well-timed rate on sells (10 prior sells, avg 90d return +18.5%), but this represents a mixed history of timing accuracy across different stocks. At MGM specifically, he has executed 5 prior trades with only 2 of 5 sells achieving negative 90-day returns (well-timed); the two most recent sales in June 2025 posted positive 90-day returns of +10.1% and +8.7%, suggesting he sold before subsequent gains rather than before declines. The transaction represents an isolated partial reduction in an otherwise large consolidated stake.

Director Meister sells 60,000 MGM shares for $1,925,550.06; stock down 32.2% from 52-week high, mixed timing history

Keith A. Meister (Director) executed two separate sales totaling 60,000 shares for $1,925,550.06 on 2025-06-13 at a blended average price of $32.09, reducing his holdings by 1.1% to 5,627,478 shares. The transaction occurred when MGM stock is -32.2% from its 52-week high ($46.78) and -9.2% over the past 30 days, suggesting a decline in valuation context. Examining his prior activity at MGM specifically: 4 of his 5 prior trades at this ticker were well-timed at the 90-day mark, with a pattern of sales that often preceded further declines. However, his cross-ticker track record shows 8 prior sells with an average 90d return of +20.8% (90d well-timed rate 75.00%), indicating his sells have generally been well-positioned; his most recent MGM sale on 2024-12-13 saw 90d -17.5%, consistent with this pattern. The transaction amount ($1.9M) represents a modest portfolio adjustment for someone holding 5.63M shares, and the timing during a period of stock weakness aligns with his historical precedent of selling at or before price inflection points.

MGM COO Sanders sells 40,000 shares ($1.4M) at $34.43; stock -25.3% from 52-week high amid positive momentum.

Corey Ian Sanders, Chief Operating Officer of MGM Resorts, sold 40,000 shares (40.0K shares) for $1,377,048.00 on 2025-05-12, reducing his position by 12.4% from 321,530 to 281,530 shares. His cross-ticker track record shows a 100.00% rate of well-timed sells (3 prior sells with average 90d return of -7.0%), and at MGM specifically, all 3 prior sells were well-timed (90-day declines of -5.5%, -4.4%, and -1.1%). This current sale occurs as MGM trades at $34.95, down 25.3% from its 52-week high of $46.78 but up 18.0% over the prior 30 days—a rebound period during which a concentrated insider with a pattern of prescient exits chose to reduce exposure. Fundamentally, the company reported $4.3B in quarterly revenue with +6.7% annual growth and a P/E of 14.04, signaling neither distress nor exceptional valuation; the sell thus appears distinct from either crisis management or opportunistic exit, but rather consistent with the insider's demonstrated practice of selling into strength.

MGM CFO Jonathan Halkyard buys 10,000 shares at $32.17; stock down 33.0% from 52-week high, prior buy at this ticker returned +7.1% over 90 days.

Jonathan Halkyard, Chief Financial Officer of MGM Resorts International, purchased 10,000 shares at $32.17 on 2025-03-06, increasing his holdings by 15.2% to 75,648 shares total. The purchase occurs when MGM trades at $32.03, down 33.0% from its 52-week high of $47.78 and down 6.4% over the prior 30 days. His prior open-market buy at MGM on 2024-08-05 achieved a +7.1% return over 90 days, demonstrating a pattern of well-timed accumulation at this ticker. The company maintains solid fundamentals with $4.2B in quarterly revenue, a P/E of 17.99, and 6.7% annual revenue growth, suggesting the depressed stock price may reflect temporary market conditions rather than deteriorating operations.

Director Keith A. Meister sold 51,000 MGM shares at $36.57 on 2024-12-13; stock down 24.1% from 52-week high.

Meister sold 51,000 shares (a 0.9% reduction from pre-transaction holdings of 5.74M shares) at $36.57, with the stock currently trading at $36.25—24.1% below its 52-week high of $47.78. Across his cross-ticker open-market history, his prior 7 sells achieved a 71.43% well-timed rate at the 90-day mark, indicating stronger pattern accuracy than random timing; however, his same-ticker MGM history shows 4 of 5 prior sells were well-timed at 90 days. At MGM specifically, the stock has declined 0.7% over 90 days and 4.6% over 30 days, suggesting early validation of the 90-day pattern though with limited near-term movement. The company's fundamentals remain stable—$4.2B quarterly revenue, +23.1% annual growth, 11.96 P/E, and $10.8B market cap—providing context that the sell occurs against a backdrop of strong business performance rather than distress.

Director Keith A. Meister sold 121,000 MGM shares for $4,443,249.39; post-sale holdings remain substantial at 5,738,478 shares.

Director Meister executed 2 separate sales totaling 121,000 shares for $4,443,249.39 at a blended average price of $36.72, reducing his stake by 2.1%. His post-transaction holdings of 5,738,478 shares (5.74M shares) remain material. Notably, all 4 of his prior MGM sales have been well-timed at the 90-day mark, with negative 90-day returns following each sale, indicating a consistent pattern of selling before subsequent price declines. The stock has since fallen 4.1% over 30 days and 8.4% over 90 days from current price of $36.51, which is 23.6% below its 52-week high of $47.78. Fundamentals remain solid with annual revenue growth of +23.1%, a P/E of 12.63, and recent quarterly net income of $187,072,000.00, but the timing pattern warrants observation given the insider's demonstrated accuracy in prior MGM transactions.