Monarch casino CEO John Farahi sells $620,000 in company stock
Monarch Casino & Resort Inc. CEO John Farahi recently sold 5,000 shares of the company's common stock, amounting to $620,000 on September 17, 2026. At the time, MCRI shares were trading at $119.86, a decrease from their sale price of $124.00, despite a 25% gain over the past six months. Despite the stock's current overvaluation according to InvestingPro analysis, Monarch Casino maintains a perfect Piotroski Score of 9, reflecting robust financial health.
Farahi, who serves as CEO, Director, and 10% owner of the company, directly holds 611,556 shares and indirectly owns an additional 2,521,415 shares. Additionally, he possesses stock options to purchase common stock, with expiration dates extending through December 31, 2035.
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