Daniel Taylor Sells 6,675 Shares of MGM Resorts International (NYSE:MGM) Stock

Posted by George Bondi on May 26th, 2026

MGM Resorts International (NYSE:MGM – Get Free Report) Director Daniel Taylor sold 6,675 shares of MGM Resorts International stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $38.44, for a total value of $256,587.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

MGM Resorts International Price Performance

NYSE MGM traded up $0.05 during mid-day trading on Tuesday, hitting $38.45. The stock had a trading volume of 3,003,921 shares, compared to its average volume of 4,838,043. The firm’s 50 day moving average is $37.59 and its 200 day moving average is $36.00. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.33 and a quick ratio of 1.30. The stock has a market capitalization of $9.84 billion, a price-to-earnings ratio of 53.40 and a beta of 1.28. MGM Resorts International has a twelve month low of $29.18 and a twelve month high of $40.94.

MGM Resorts International (NYSE:MGM – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.07). MGM Resorts International had a return on equity of 24.43% and a net margin of 1.03%.The business had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.37 billion. During the same period last year, the firm earned $0.69 EPS. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. Equities research analysts forecast that MGM Resorts International will post 1.99 earnings per share for the current fiscal year.

Hedge Funds Weigh In On MGM Resorts International

A number of institutional investors have recently bought and sold shares of MGM. AQR Capital Management LLC boosted its holdings in MGM Resorts International by 202.5% in the 3rd quarter. AQR Capital Management LLC now owns 8,446,982 shares of the company’s stock valued at $292,772,000 after purchasing an additional 5,654,757 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of MGM Resorts International by 81.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 7,642,060 shares of the company’s stock worth $264,874,000 after buying an additional 3,429,946 shares during the last quarter. Davis Selected Advisers raised its position in shares of MGM Resorts International by 12.0% during the 4th quarter. Davis Selected Advisers now owns 26,820,202 shares of the company’s stock valued at $978,669,000 after buying an additional 2,866,750 shares during the period. Norges Bank purchased a new stake in shares of MGM Resorts International during the 4th quarter valued at approximately $82,348,000. Finally, Samlyn Capital LLC acquired a new position in MGM Resorts International in the third quarter valued at approximately $62,787,000. 68.11% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Susquehanna dropped their price objective on shares of MGM Resorts International from $46.00 to $45.00 and set a “positive” rating for the company in a research note on Friday, February 6th. KeyCorp upgraded MGM Resorts International from a “sector weight” rating to an “overweight” rating and set a $117.00 target price on the stock in a report on Monday, April 27th. Truist Financial upped their price target on MGM Resorts International from $39.00 to $42.00 and gave the company a “hold” rating in a research report on Thursday, April 30th. The Goldman Sachs Group increased their price target on MGM Resorts International from $34.00 to $38.00 and gave the company a “sell” rating in a report on Thursday, April 30th. Finally, Weiss Ratings upgraded MGM Resorts International from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $47.12.

View Our Latest Research Report on MGM Resorts International

About MGM Resorts International

(Get Free Report)

MGM Resorts International is a leading global hospitality and entertainment company that develops, owns and operates destination resorts, hotels and casinos. Its properties feature integrated gaming floors alongside luxury accommodations, fine dining and retail outlets, live entertainment venues and convention facilities. The company also offers loyalty programs, sports betting and digital gaming experiences to enhance guest engagement and drive repeat visitation.

The company traces its heritage to the opening of the original MGM Grand Hotel & Casino on the Las Vegas Strip in 1973.