Friday, February 23, 2018 10:15 PM ET
Insider at Marriott International (MAR) Makes Significant Sale of Stock
There was a significant sale of shares of Marriott International by an insider today, as disclosed in a form 4 document filed with the SEC. One insider — Deborah Marriott Harrison, Director — sold 80,000 shares in the company having a market value of approximately $11,275,000. There have been 6 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 250 company shares and the disposition of 51,155 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 130,905 shares and have averaged 18,772 shares per transaction over this time period.
The level of buy/sell trading at Marriott International is is above the 13 peer company average over the last 90-day period. The Hotels, Motels & Cruise Lines peer group saw 9 buy/sell trades during this period for an average of 0.7 transactions per company. The number of shares per buy/sell trade for Marriott International insiders was also higher. Within the peer group there were 250 shares purchased and 66,536 shares sold with company insiders selling 7,365 shares on average.
The data sourced in creating 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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