Keith Meister, Director at MGM Resorts International (MGM), bought 1,745,592 shares at $29.75 ($51.7M) on 2026-10-30, disclosed to the SEC on 2026-11-03.
Director Keith Meister executed the largest insider purchase in MGM Resorts' history, spending nearly $45 million to acquire 1.5 million shares at $29.75. This massive bet suggests management sees significant upside potential despite the stock's recent underperformance.
The stock has rallied 9.19% over the last five days, but remains down 31.29% over the past 90 days and is trading 40.78% below its 52-week high of $51.59.
Insider cluster: This is the largest insider purchase ever recorded for MGM; track this momentum.
Short interest: The stock has a short interest of 19.09% of the float, indicating significant bearish sentiment that could pressure the price.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $28.92 | 233,998 | $6.8M | 13.1% |
| 2 | $29.75 | 1,504,076 | $44.7M | 86.5% |
| 3 | $30.24 | 7,518 | $227K | 0.4% |
| Total | $29.64 avg | 1,745,592 | $51.7M | 100% |