MGM Resorts International’s recent filing unveils that its 10% Owner IAC Inc. acquired Company’s shares for reported $39.88 million on Dec 05 ’25. In the deal valued at $36.30 per share,1,098,748 shares were bought. As a result of this transaction, IAC Inc. now holds 65,822,350 shares worth roughly $2.46 billion.
Then, McManus John sold 60,000 shares, generating $2,167,170 in total proceeds. Upon selling the shares at $36.12, the CHIEF LEGAL ADMIN OFC AND SECY now owns 31,521 shares.
Before that, JOHN MCMANUS bought 60,000 shares. MGM Resorts International shares valued at $2,167,160 were divested by the OFFICER at a price of $36.12 per share.
Citigroup downgraded its MGM Resorts International [MGM] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid November with a ‘”an Underweight”‘ rating. Seaport Research Partners also remained covering MGM and has decreased its forecast on July 22, 2025 with a “Neutral” recommendation from previously “Buy” rating. Goldman started covering the stock on July 07, 2025. It rated MGM as “a Sell”.
Price Performance Review of MGM
On Monday, MGM Resorts International [NYSE:MGM] saw its stock fall -0.05% to $37.38. Over the last five days, the stock has gained 5.83%. MGM Resorts International shares have risen nearly 1.19% since the year began. Nevertheless, the stocks have risen 7.88% over the past one year. While a 52-week high of $41.32 was reached on 02/14/25, a 52-week low of $25.30 was recorded on 04/08/25.
Levels Of Support And Resistance For MGM Stock
The 24-hour chart illustrates a support level at 36.78, which if violated will result in even more drops to 36.17. On the upside, there is a resistance level at 37.96. A further resistance level may holdings at 38.53.
How much short interest is there in MGM Resorts International?
A steep rise in short interest was recorded in MGM Resorts International stocks on 2025-11-28, dropping by -0.28 million shares to a total of 23.03 million shares. Yahoo Finance data shows the prior-month short interest on 2025-10-31 was 23.31 million shares. There was a decline of -1.22%, which implies that there is a negative sentiment for the stock.
