Trade Summary
1 week ago, Iac Inc., serving as 10% owner at Mgm Resorts International (MGM), purchased 1,000,000 shares at $37.22 per share, for a total transaction value of $37,223,500.00. Following this transaction, Iac Inc. now holds 66,822,350 shares of MGM.
This purchase represents a 2.00% increase in Iac Inc.'s stake in the company. This is considered a medium-conviction trade.
The trade was executed on Monday, March 23, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, March 25, 2026, 2 days after the trade was made.
Mgm Resorts International operates in the CONSUMER CYCLICAL sector, specifically within the RESORTS & CASINOS industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
