Monday, November 20, 2017 10:15 PM ET
Insider Selling in Marriott International (MAR) Shares Continues
One Marriott International insider Stephanie Linnartz, Officer, today, sold 8,333 shares having a market value of approximately $1,023,459, as disclosed in a form 4 document filed with the SEC. There have been 6 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 227,977 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 236,310 shares and have averaged 33,759 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Marriott International is greater than its 13-company peer group average. 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 Marriott International insiders is lower than its peers. Within the peer group there were 0 shares purchased and 47,313,093 shares sold with company insiders disposing of 2,365,655 shares on average over this time period.
Significant insider buying and selling activity 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 data obtained in evaluating and writing this story.
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