SPY420.86+5.94 1.43%
DIA338.78+5.82 1.75%
IXIC14,141.48+111.10 0.79%

Significant Insider Selling in Shares of Monarch Casino & Resort

05/10/2021 18:35

10:20 PM EDT, 05/10/2021 (MT Newswires) -- An insider disposed of 17,346 shares of Monarch Casino & Resort having a market value of approximately $1,269,450 today, as disclosed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.

This number of buy-sell trades at Monarch Casino & Resort is near average for the 16 member peer company. The Casinos peer group saw 17 buy/sell trades during this period for an average of 1.1 transactions per company. However, trading at Monarch Casino & Resort represents a lower number of shares per transaction. Within the peer group there were 820 shares purchased and 7,090,424 shares sold with company insiders selling 417,036 shares on average over this time period.

The data obtained in creating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.