Significant Insider Selling Continues at Hyatt Hotels (H)

Tuesday, October 17, 2017 10:15 PM ET

Significant Insider Selling Continues at Hyatt Hotels (H)

A filing with the SEC today indicated a notable insider sale of Hyatt Hotels shares as — Elsinore Trust, Required Filer — sold 157,476 shares in the company having a market value of approximately $9,682,135. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 14,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 171,476 shares and have averaged 57,159 shares per transaction over this time period.

The number of insider buy/sell trades at Hyatt Hotels is above that of the 12 peer company average over the last 90-day period. The Hotels, Motels & Cruise Lines peer group saw 20 buy/sell trades during this period for an average of 1.7 transactions per company. However, the number of shares traded per transaction by Hyatt Hotels insiders is lower than its peers. Within the peer group there were 28,000 shares purchased and 46,992,475 shares sold with company insiders disposing of 2,348,224 shares on average over this time period.

Insider buying and selling activity that is significant has been determined by eliminating 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 in composing and writing this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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