Bob Farahi Biography and Net Worth

Co-Chairman of the Board and President of Monarch Casino & Resort

Bob Farahi has been Co-Chairman of the Board and President of the Company since its inception, and of Golden Road since 1993. From 1973 until June 1993, Mr. Farahi was Vice President and a Director of Golden Road. Mr. Farahi divides his working time between the Company and the other companies with which he is involved. Mr. Farahi is a partner in FIC. Mr. Farahi holds a biochemistry degree from the University of California at Berkeley.

What is Bob Farahi's net worth?: The estimated net worth of Bob Farahi is at least $80.50 million as of September 14th, 2023. Mr. Farahi owns 961,774 shares of Monarch Casino & Resort stock worth more than $80,500,484 as of March 14th. This net worth estimate does not reflect any other investments that Mr. Farahi may own. Learn More about Bob Farahi's net worth.
How do I contact Bob Farahi?: The corporate mailing address for Mr. Farahi and other Monarch Casino & Resort executives is 3800 S VIRGINIA STREET, RENO NV, 89502. Monarch Casino & Resort can also be reached via phone at (775) 335-4600. Learn More on Bob Farahi's contact information.
Has Bob Farahi been buying or selling shares of Monarch Casino & Resort?: Bob Farahi has not been actively trading shares of Monarch Casino & Resort in the last ninety days. Most recently, Bob Farahi sold 24,704 shares of the business's stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $66.67, for a transaction totalling $1,647,015.68. Following the completion of the sale, the president now directly owns 961,774 shares of the company's stock, valued at $64,121,472.58. Learn More on Bob Farahi's trading history.
Who are Monarch Casino & Resort's active insiders?: Monarch Casino & Resort's insider roster includes Bob Farahi (Co-Chairman of the Board and President), David-Jacques Farahi (Co-Chairman and CEO), and John Farahi (Co-Chairman of the Board and Chief Executive Officer). Learn More on Monarch Casino & Resort's active insiders.
Are insiders buying or selling shares of Monarch Casino & Resort?: During the last year, insiders at the sold shares 3 times. They sold a total of 5,000 shares worth more than $366,700.00. The most recent insider tranaction occured on January, 3rd when CEO John Farahi sold 1,000 shares worth more than $77,700.00. Insiders at Monarch Casino & Resort own 24.9% of the company. Learn More about insider trades at Monarch Casino & Resort.
Information on this page was last updated on 1/3/2025.

Bob Farahi Insider Trading History at Monarch Casino & Resort

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/14/2023	Sell	24,704	$66.67	$1,647,015.68	961,774
9/1/2023	Sell	9,495	$67.91	$644,805.45	986,478
8/30/2023	Sell	905	$68.09	$61,621.45	997,695
5/19/2023	Sell	16,231	$67.62	$1,097,540.22	192,220
5/8/2023	Sell	3,509	$67.05	$235,278.45	223,487
5/5/2023	Sell	224	$68.10	$15,254.40	226,996
5/27/2020	Sell	16,994	$40.65	$690,806.10	154,423
3/16/2020	Buy	5,000	$20.11	$100,550.00	398,265
9/11/2019	Sell	24,340	$45.08	$1,097,247.20	380,066
9/7/2018	Buy	8,000	$44.84	$358,720.00	419,408
12/15/2017	Sell	12,242	$46.13	$564,723.46	378,074
12/12/2017	Sell	16,000	$46.62	$745,920.00	390,316
11/30/2017	Sell	26,200	$47.21	$1,236,902.00
11/20/2017	Sell	11,111	$46.17	$512,994.87	435,959
11/17/2017	Sell	3,000	$46.04	$138,120.00	435,959
11/15/2017	Sell	4,101	$45.51	$186,636.51	450,070
11/13/2017	Sell	10,111	$45.48	$459,848.28	472,405
11/10/2017	Sell	2,020	$45.53	$91,970.60	472,405
11/8/2017	Sell	91	$46.20	$4,204.20	472,405
8/9/2017	Sell	34,000	$34.43	$1,170,620.00	482,516
8/18/2016	Sell	10,000	$24.24	$242,400.00	516,614
3/11/2014	Sell	2,200	$19.26	$42,372.00	1,027,164
8/9/2013	Sell	3,197	$20.55	$65,698.35	1,027,164
8/8/2013	Sell	4,877	$20.55	$100,222.35	1,027,164
8/2/2013	Sell	60,797	$20.55	$1,249,378.35

See Full Table

Bob Farahi Buying and Selling Activity at Monarch Casino & Resort

Monarch Casino & Resort Company Overview

Monarch Casino & Resort, Inc. engages in the ownership and operation of the Atlantis Casino Resort Spa, a hotel and casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk, Colorado. The company was founded in 1993 and is headquartered in Reno, NV.

Today's Range

Now: $83.70

$83.17

$84.88

50 Day Range

MA: $86.23

$78.20

$94.47

2 Week Range

Now: $83.70

$64.50

$96.11

Volume

115,306 shs

Average Volume

110,752 shs

Market Capitalization

$1.55 billion

P/E Ratio

16.91

Dividend Yield

1.38%

Beta

1.74