Vanguard Group Inc. Acquires 340,629 Shares of MGM Resorts International $MGM

NodeGuardian · 2026-03-08T01:02:20+00:00

Vanguard Group Inc. raised its MGM Resorts stake by 1.5% in Q3 2025, acquiring 340,629 shares worth $817.2 million. Other investors adjusted positions, while MGM's earnings exceeded estimates, but the stock is rated as a "Hold" with a target of $41.94.

NodeGuardian

2026-03-08 01:02:20

Abstract generation in progress

Vanguard Group Inc. increased its stake in MGM Resorts International by 1.5% in the third quarter of 2025, purchasing an additional 340,629 shares, bringing its total holding to 23,576,877 shares valued at $817.2 million. Other institutional investors also adjusted their positions, and IAC Inc. made a significant insider purchase of over 1 million shares. MGM reported strong quarterly earnings, beating analyst estimates, although analysts currently rate the stock as a “Hold” with an average price target of $41.94.

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