Friday, September 15, 2017 10:15 PM ET
Significant Insider Selling in Shares of Choice Hotels International
One insider — Bruce Bainum, 10% Owner — today, disposed of 20,770 shares of Choice Hotels International having a market value of approximately $1,287,801, as indicated in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.
Over the last 90 days, the number of insider buy/sell trades at Choice Hotels International is higher than the 12-company peer group average. Hotels & Motels peer group saw 2 buy/sell trades during this period for an average of 0.2 transactions per company. The number of shares per buy/sell trade for Choice Hotels International insiders was also higher. Within the peer group there were 0 shares purchased and 22,708 shares sold with company insiders selling 11,354 shares on average.
The data used in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
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