A Director at MGM Resorts International (NYSE: MGM) is Buying Shares

Today, a Director at MGM Resorts International (NYSE: MGM), Roland Hernandez, bought shares of MGM for $143.2k.

Hernandez increased his holding by 15.17%. In addition to Hernandez, 2 other MGM executives reported Buy trades in the last month.

The company has a one year high of $25.39 and a one year low of $16.84. Currently, MGM Resorts has an average volume of 9.87M.

22 different firms, including Argus Research and Barclays, currently also have a Buy rating on the stock. Based on 7 analyst ratings, the analyst consensus is Strong Buy with an average price target of $26.00, reflecting a -15.1% downside. Starting in July 2015, MGM received 8 Buy ratings in a row.

Looking at blogger coverage of MGM, there is a 69% Bullish tendency on the stock, in relation to a 68% average bullish tendency within the Service sector.

In the last 30 days, insiders have sold $2.06M worth of MGM shares and purchased $400k worth of MGM shares. Over the last 3 months, the insider sentiment on MGM Resorts has been neutral based on 36 corporate insider transactions. This sentiment is higher than the average sector sentiment of insiders.

MGM Resorts International is a holding company. The Company through its wholly-owned subsidiaries, owns and operates casino resorts. Its offering includes; gaming, hotel, convention, dining, entertainment, retail and other resort amenities.