On May 20, 2024, Mary Jammet, Director at MGM Resorts International (MGM, Financial), executed a sale of 4,344 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this transaction, the insider has a total of 0 shares remaining in their holdings.
MGM Resorts International (MGM, Financial) is a global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife, and retail offerings.
According to the market cap data, MGM Resorts International is valued at $12.80 billion. The stock was priced at $41.11 on the day of the insider's recent transaction.
The company's price-earnings ratio stands at 15.76, which is lower than the industry median of 19.58. This ratio is also higher than the company’s historical median price-earnings ratio, indicating a fluctuation in earnings valuation over time.
Based on the GF Value, which is calculated at $65.71, MGM Resorts International has a price-to-GF-Value ratio of 0.63. This suggests that the stock might be a Possible Value Trap, Think Twice before investing, as per GuruFocus valuation methods.
Over the past year, there have been no insider buys and 13 insider sells at MGM Resorts International, indicating a trend where insiders are choosing to sell shares rather than buy. This trend can be visualized in the following insider trend image:
For investors, keeping an eye on insider transactions like those of the insider can provide important clues about the potential future direction of the stock, especially when analyzed alongside broader financial metrics and valuations.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
