Main Shareholder and CEO of Mandalay bay: main partner is the Crown Prince of Saudi Arabia… MANDALAY CEO SELLS 1/2 MILLIONS SHARES MGM 24Tth SEPT!

 James Murren Sells 294,150 Shares of MGM Resorts International (NYSE:MGM) Stock

MGM Resorts International (NYSE:MGM) CEO James Murren sold 294,150 shares of the stock in a transaction on Friday, September 8th. The shares were sold at an average price of $34.08, for a total transaction of $10,024,632.00. Following the transaction, the chief executive officer now directly owns 71,442 shares in the company, valued at $2,434,743.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
James Murren also recently made the following trade(s):

• On Thursday, September 7th, James Murren sold 259,760 shares of MGM Resorts International stock. The stock was sold at an average price of $34.19, for a total transaction of $8,881,194.40.
• On Wednesday, August 9th, James Murren sold 57,269 shares of MGM Resorts International stock. The shares were sold at an average price of $31.54, for a total transaction of $1,806,264.26.
• On Monday, July 31st, James Murren sold 57,269 shares of MGM Resorts International stock. The shares were sold at an average price of $33.05, for a total transaction of $1,892,740.45.

Shares of MGM Resorts International (NYSE:MGM) opened at 32.38 on Friday. The company’s 50-day moving average is $31.97 and its 200-day moving average is $30.74. MGM Resorts International has a 52-week low of $24.78 and a 52-week high of $34.65. The firm has a market cap of $18.62 billion, a P/E ratio of 19.17 and a beta of 1.48.

https://ledgergazette.com/2017/09/24/mgm-resorts-international-mgm-ceo-james-murren-sells-294150-shares.html