Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
MGM Resorts International (MGM)
Sector: Consumer Cyclical; Industry: Resorts & Casinos

MGM Resorts International, through its subsidiaries, owns and operates integrated casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. As of March 22, 2020, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts, Primm Valley Golf Club, and Fallen Oak golf course. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-04-20 HORNBUCKLE WILLIAM CEO AND PRESIDENT Sell 10,000 $43.00 $430,000 No
2022-04-01 HORNBUCKLE WILLIAM CEO AND PRESIDENT Sell 40,000 $42.16 $1,686,596 Yes
2022-01-03 HORNBUCKLE WILLIAM CEO AND PRESIDENT Sell 60,000 $44.97 $2,697,978 No
2021-10-01 HORNBUCKLE WILLIAM CEO AND PRESIDENT Sell 60,000 $43.78 $2,626,740 No
2021-09-23 HORNBUCKLE WILLIAM CEO AND PRESIDENT Sell 10,000 $44.00 $440,000 No
2021-07-01 HORNBUCKLE WILLIAM CEO AND PRESIDENT Sell 50,000 $43.07 $2,153,350 No
2021-06-08 HORNBUCKLE WILLIAM CEO AND PRESIDENT Sell 20,000 $44.00 $880,000 No
2021-05-03 HORNBUCKLE WILLIAM CEO AND PRESIDENT Sell 8,500 $41.36 $351,524 No
2021-04-01 HORNBUCKLE WILLIAM CEO AND PRESIDENT Sell 40,000 $38.13 $1,525,176 No
2021-03-11 HORNBUCKLE WILLIAM CEO AND PRESIDENT Sell 10,000 $40.00 $400,000 No
2021-03-08 HORNBUCKLE WILLIAM CEO AND PRESIDENT Sell 40,000 $37.10 $1,484,036 No
2020-03-30 HORNBUCKLE WILLIAM PRESIDENT AND ACTING CEO Buy 8,500 $11.76 $99,960 Yes
2020-03-31 HORNBUCKLE WILLIAM PRESIDENT AND ACTING CEO Buy 41,300 $12.02 $496,384 No
2018-03-09 HORNBUCKLE WILLIAM PRESIDENT Sell 60,000 $36.36 $2,181,474 No
2016-11-29 HORNBUCKLE WILLIAM PRESIDENT Sell 46,772 $29.00 $1,356,388 Yes
2016-11-09 HORNBUCKLE WILLIAM PRESIDENT Sell 26,225 $28.56 $749,033 Yes
2016-05-20 HORNBUCKLE WILLIAM PRESIDENT Sell 30,354 $21.51 $652,915 Yes
2014-03-05 HORNBUCKLE WILLIAM PRES., CHIEF MARKETING OFFICER Sell 74,059 $28.26 $2,092,574 Yes
2013-08-08 HORNBUCKLE WILLIAM PRES., CHIEF MARKETING OFFICER Sell 36,931 $17.41 $642,969 No
2011-08-22 HORNBUCKLE WILLIAM CHIEF MARKETING OFFICER Buy 20,000 $9.21 $184,300 No

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