Major owner of Monarch Casino & Resort just sold 30,000 shares

Ben Farahi, a major owner of Monarch Casino & Resort, recently sold 30,000 shares of the company. The sales took place at prices ranging from $20.50 to $21.89 per share, on dates ranging from October 16 to October 18, 2013. Farahi still owns 3,099,728 shares of the company. Farahi operates out of Reno, NV.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. Monarch Casino & Resort next reports earnings on October 22, 2013.

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