Insider Selling in Hyatt Hotels (H) Shares Continues

Wednesday, November 15, 2017 10:15 PM ET

Insider Selling in Hyatt Hotels (H) Shares Continues

One insider — Elsinore Trust, Required Filer — today, sold 111,003 shares of Hyatt Hotels having a market value of approximately $7,721,679, as disclosed in a form 4 document filed with the SEC. There have been 3 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 171,476 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 282,479 shares and have averaged 70,620 shares per transaction over this time period.

The number of insider buy/sell trades at Hyatt Hotels is higher than that of the 13 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 1.5 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 47,210,989 shares sold with company insiders selling 2,359,149 shares on average over this time period.

In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data used to create and write 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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