Insider Transaction: John F Sorte Sells $289K Worth Of Vail Resorts Shares

Revealing a significant insider sell on October 2, John F Sorte, Director at Vail Resorts (NYSE:MTN), as per the latest SEC filing.

What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday outlined that Sorte executed a sale of 1,670 shares of Vail Resorts with a total value of $289,026.

The latest update on Thursday morning shows Vail Resorts shares down by 0.0%, trading at $175.9.

Get to Know Vail Resorts Better

Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.

Financial Milestones: Vail Resorts's Journey

Revenue Growth: Vail Resorts's remarkable performance in 3 months is evident. As of 30 April, 2024, the company achieved an impressive revenue growth rate of 3.62%. This signifies a substantial increase in ...

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