FOLLOW THE MONEY - EARLY SEPTEMBER INSIDER TRADING AT MGM (Owners of Mandalay Bay)
FOLLOW THE MONEY - EARLY SEPTEMBER INSIDER TRADING AT MGM (Owners o... (self.The_Donald)
submitted 2 days ago by IncomingTrump270JPN
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9/5/2017 - MGM opens a $1Billion stock buyback program
https://www.streetinsider.com/Corporate+News/MGM+Resorts+%28MGM%29+...
9/8/2017 - CHAIRMAN & CEO James Murren Sold $10 million of Shares (294,150 shares at an average price of $34.08 a share)
https://www.gurufocus.com/news/563869/mgm-resorts-international-mgm...
Other top level management also divested en masse:
EXECUTIVE VICE PRESIDENT & CFO Daniel D'arrigo sold 30,318 shares of MGM stock on 09/07/2017 at the average price of $34.12. $1-million!
EVP GENERAL COUNSEL AND SECY John Mcmanus sold 5,273 shares of MGM stock on 09/08/2017 at the average price of $33.7. $177k
Director Rose Mckinney-james sold 3,097 shares of MGM stock on 09/06/2017 at the average price of $33.83. $104k
CHIEF OPERATING OFFICER Corey Ian Sanders sold 16,446 shares of MGM stock on 09/06/2017 at the average price of $33.63. $554k
EVP - CHIEF ACCOUNTING OFFICER Robert Selwood sold 40,325 shares of MGM stock on 09/06/2017 at the average price of $33.86 $1.36-MILLION!
Total of $13-MILLION IN OFFLOADED STOCKS IN MGM IN EARLY SEPTEMBER
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