Selling Buzz: MGM Resorts International [MGM] CHIEF LEGAL ADMIN OFC AND SECY McManus John sells 60,000 shares of the company

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. MGM Resorts International shares valued at $2,167,170 were sold by McManus John on Sep 15 ’25. At $36.12 per share, McManus John sold 60,000 shares. The insider’s holdings dropped to 31,521 shares worth approximately $1.02 million following the completion of this transaction.

Also, JOHN MCMANUS purchased 60,000 shares, netting a total of over 2,167,160 in proceeds.

Before that, Meister Keith A. had sold 242,000 shares from its account. In a trade valued at $8,571,640, the Director traded MGM Resorts International shares for $35.42 each. Upon closing the transaction, the insider’s holdings decreased to 242,000 shares, worth approximately $174.76 million.

As published in a research note from Seaport Research Partners on July 22, 2025, MGM Resorts International [MGM] has been rated down from a Buy to a Neutral. Analysts at Goldman started covering the stock with ‘”a Sell”‘ outlook in a report released in early July. As of June 26, 2025, Citizens JMP has decreased its “Mkt outperform” rating to a “Mkt perform” for MGM. Earlier on June 23, 2025, JP Morgan initiated its rating. Their recommendation was “a Neutral” for MGM stock.

Analyzing MGM Stock Performance

On last trading session, MGM Resorts International [NYSE: MGM] rose 0.40% to $32.45. The stock’s lowest price that day was $32.2, but it reached a high of $32.785 in the same session. During the last five days, there has been a drop of approximately -6.62%. Over the course of the year, MGM Resorts International shares have dropped approximately -21.05%. Shares of the company reached a 52-week high of $41.32 on 02/14/25 and a 52-week low of $25.30 on 04/08/25.

Support And Resistance Levels for MGM Resorts International (MGM)

According to the 24-hour chart, there is a support level at 32.17, which, if violated, would cause prices to drop to 31.89. In the upper region, resistance lies at 32.76. The next price resistance is at 33.06. RSI (Relative Strength Index) is 32.94 on the 14-day chart, showing neutral technical sentiment.

Is MGM Resorts International subject to short interest?

Stocks of MGM Resorts International saw a sharp rise in short interest on 2025-09-15 jumping by 3.17 million shares to 25.73 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 22.56 million shares. A jump of 12.3% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.2 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.2.

Which companies own the most shares of MGM Resorts International (MGM)?

In terms of MGM Resorts International share price expectations, FactSet research, analysts set an average price target of 39 in the next 12 months, up nearly 20.67% from the previous closing price of $32.32. Analysts anticipate MGM Resorts International stock to reach 45 by 2025, with the lowest price target being 38. In spite of this, 17 analysts ranked MGM Resorts International stock as Buy at the end of 2025. On February 14, 2025, Argus assigned a price target of “a Buy” to the stock and upgraded coverage with a $50.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.