David-Jacques Farahi net worth and biography

David-Jacques Farahi Biography and Net Worth

Co-Chairman and CEO of Monarch Casino & Resort

John Farahi has been Co-Chairman of the Board and Chief Executive Officer of the Company since its inception, and of Golden Road since June 1993. From 1973 until June 1993, Mr. Farahi was President, Director, and General Manager of Golden Road. Mr. Farahi is a partner in Farahi Investment Company ("FIC"), which is engaged in real estate investment and development. Mr. Farahi served on the Washoe County Airport Authority as a Trustee from July 1997 until June 2005. Mr. Farahi is a former member of the Nevada Commission on Tourism as well as a Board Member of the Reno-Sparks Convention and Visitors' Authority. Mr. Farahi holds a political science degree from the California State University, Hayward.

What is David-Jacques Farahi's net worth?: The estimated net worth of David-Jacques Farahi is at least $6.72 million as of May 17th, 2021. Mr. Farahi owns 92,116 shares of Monarch Casino & Resort stock worth more than $6,723,547 as of April 5th. This net worth evaluation does not reflect any other investments that Mr. Farahi may own. Learn More about David-Jacques Farahi's net worth.
How do I contact David-Jacques 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 David-Jacques Farahi's contact information.
Has David-Jacques Farahi been buying or selling shares of Monarch Casino & Resort?: David-Jacques Farahi has not been actively trading shares of Monarch Casino & Resort during the last quarter. Most recently, David-Jacques Farahi sold 29,700 shares of the business's stock in a transaction on Monday, May 17th. The shares were sold at an average price of $70.93, for a transaction totalling $2,106,621.00. Following the completion of the sale, the chief operating officer now directly owns 92,116 shares of the company's stock, valued at $6,533,787.88. Learn More on David-Jacques 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.

David-Jacques Farahi Insider Trading History at Monarch Casino & Resort

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/17/2021	Sell	29,700	$70.93	$2,106,621.00	92,116
11/16/2016	Sell	5,000	$24.76	$123,800.00
3/5/2014	Sell	5,000	$18.70	$93,500.00	5,000

David-Jacques 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: $72.99

$70.74

$73.41

50 Day Range

MA: $85.76

$72.99

$94.47

2 Week Range

Now: $72.99

$64.50

$96.11

Volume

141,464 shs

Average Volume

117,403 shs

Market Capitalization

$1.35 billion

P/E Ratio

14.75

Dividend Yield

1.49%

Beta

1.74