Monarch Casino & Resort: CEO At Monarch Casino & Resort Sells $230K Of Stock

John Farahi, CEO at Monarch Casino & Resort (NASDAQ:MCRI), disclosed an insider sell on January 7, according to a recent SEC filing.What Happened: After conducting a thorough analysis, Farahi sold 3,000 shares of Monarch Casino & Resort. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The total transaction value is $230,700.The latest market snapshot at Tuesday morning reveals Monarch Casino & Resort shares down by 0.0%, trading at $78.52.Get to Know Monarch Casino & Resort BetterMonarch Casino & Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food & Beverage and Hotel Operations.A Deep Dive into Monarch Casino & Resort's FinancialsRevenue Growth: Monarch Casino & Resort's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 3.69%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth ...Full story available on Benzinga.com