Halkyard Jonathan S

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.

MGM CFO Halkyard buys 10,000 shares at $34.00; cluster of 3 insiders buying within 14 days as stock down 28.1% from 52-week high.

Jonathan S Halkyard, Chief Financial Officer of MGM Resorts International, purchased 10,000 shares at $34.00 on 2024-08-05, bringing his total holdings to 38,299 shares and representing a 35.3% increase in his personal holdings. This transaction occurred as part of a broader cluster: 2 other insiders also bought within the past 14 days. The timing coincides with material price weakness—MGM is trading 28.1% below its 52-week high of $49.26 and down 17.8% over the prior 30 days, while the company reported strong revenue growth of 23.1% year-over-year and maintains a modest valuation with a P/E of 12.25. The coordinated buying pattern by multiple insiders at depressed prices relative to recent highs warrants attention as a potential indicator of internal confidence in valuation at current levels.