$210,000 of MGM RESORTS INTERNATIONAL lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"GENERAL DISCUSSIONS RELATED TO TRIBAL GAMING GENERAL DISCUSSIONS RELATED TO PRIVACY GENERAL DISCUSSIONS RELATED TO GAMING H.R. 6543: NO HIDDEN FEES ON EXTRA EXPENSES FOR STAYS (FEES) ACT OF 2023; PROVISIONS RELATED TO TRAVEL AND TOURISM S. 2498: HOTEL FEES TRANSPARENCY ACT OF 2024; PROVISIONS RELATED TO TRAVEL AND TOURISM GENERAL DISCUSSIONS RELATED TO RESORTS FEES, VISAS, AND TRAVEL AND TOURISM GENERAL DISCUSSIONS RELATED TO VISAS AND VISA BACKLOG GENERAL DISCUSSIONS RELATED TO CYBERSECURITY AND THE FEDERAL TRADE COMMISSION H.R. 8773: FINANCIAL SERVICES AND GENERAL GOVERNMENT APPROPRIATIONS ACT, 2025; PROVISIONS RELATED TO CYBERSECURITY AND THE FEDERAL TRADE COMMISSION"
You can find more data on corporate lobbying on Quiver Quantitative.
MGM Insider Trading Activity
MGM insiders have traded $MGM stock on the open market 6 times in the past 6 months. Of those trades, 3 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $MGM stock by insiders over the last 6 months:
- KEITH A. MEISTER has made 0 purchases and 3 sales selling 172,000 shares for an estimated $6,308,319.
- PAUL J SALEM purchased 147,500 shares for an estimated $4,986,090
- WILLIAM HORNBUCKLE (CEO AND PRESIDENT) purchased 58,900 shares for an estimated $1,986,443
- JONATHAN S HALKYARD (CHIEF FINANCIAL OFFICER) purchased 10,000 shares for an estimated $340,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
MGM Hedge Fund Activity
We have seen 278 institutional investors add shares of MGM stock to their portfolio, and 403 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DAVIS SELECTED ADVISERS added 7,126,737 shares (+59.8%) to their portfolio in Q3 2024, for an estimated $278,584,149
- BLACKROCK, INC. removed 4,573,616 shares (-21.2%) from their portfolio in Q3 2024, for an estimated $178,782,649
- CITADEL ADVISORS LLC removed 4,374,601 shares (-87.0%) from their portfolio in Q3 2024, for an estimated $171,003,153
- HG VORA CAPITAL MANAGEMENT, LLC added 2,500,000 shares (+inf%) to their portfolio in Q3 2024, for an estimated $97,725,000
- LSV ASSET MANAGEMENT added 2,361,293 shares (+496.2%) to their portfolio in Q3 2024, for an estimated $92,302,943
- MAN GROUP PLC removed 1,610,770 shares (-60.9%) from their portfolio in Q3 2024, for an estimated $62,964,999
- GOLDENTREE ASSET MANAGEMENT LP added 1,390,599 shares (+86.4%) to their portfolio in Q3 2024, for an estimated $54,358,514
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
