Categories: Insider Trading News

Marriott’s president of EMEA sells $563,475 in inventory


Following this sale, Satyajit holds 22,559 shares of Marriott’s Class A Widespread Inventory. Moreover, he retains 5,274 restricted inventory items. These transactions mirror Satyajit’s ongoing administration of his fairness holdings within the firm, which at the moment has a market capitalization of roughly $79.7 billion. For deeper insights into insider transactions and complete evaluation, InvestingPro subscribers can entry detailed Professional Analysis Reviews protecting 1,400+ high shares, together with Marriott Worldwide (NASDAQ:MAR).

Following this sale, Satyajit holds 22,559 shares of Marriott’s Class A Widespread Inventory. Moreover, he retains 5,274 restricted inventory items. These transactions mirror Satyajit’s ongoing administration of his fairness holdings within the firm, which at the moment has a market capitalization of roughly $79.7 billion. For deeper insights into insider transactions and complete evaluation, InvestingPro subscribers can entry detailed Professional Analysis Reviews protecting 1,400+ high shares, together with Marriott Worldwide.

In different latest information, Marriott Worldwide has seen a collection of monetary changes and projections from numerous analyst corporations. Truist Securities raised its worth goal for Marriott, sustaining a Maintain ranking, whereas adjusting the corporate’s projected earnings for 2024 and 2025. BofA Securities additionally elevated its worth goal for Marriott, sustaining a Impartial ranking, and revised its working assumptions primarily based on the corporate’s third-quarter 2024 outcomes.

TD Cowen maintained a Purchase ranking on Marriott however decreased the inventory’s worth goal, reflecting the corporate’s third-quarter efficiency and future expectations. BMO Capital Markets elevated Marriott’s worth goal and maintained a Market Carry out ranking, highlighting the corporate’s cost-saving initiatives geared toward 2025. Mizuho (NYSE:MFG) Securities raised its worth goal for Marriott, sustaining a Impartial ranking, and expects an enchancment in charge development in 2025.

These are latest developments that buyers may discover vital as they mirror the monetary panorama of Marriott Worldwide. The corporate has seen a collection of monetary changes, projections, and scores from completely different analyst corporations, indicating a various perspective on its future efficiency. Nonetheless, all analysts agree on the significance of Marriott’s earnings and income outcomes, declaring the corporate’s cost-saving initiatives and projected development as vital elements.

This text was generated with the assist of AI and reviewed by an editor. For extra data see our T&C.

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