A Director at Diamondrock (NYSE: DRH) is Selling Shares


Today, a Director at Diamondrock (NYSE: DRH), Gilbert Ray, sold shares of DRH for $132.3K.

Following Gilbert Ray’s last DRH Sell transaction on May 19, 2014, the stock climbed by 1.7%.

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DRH’s market cap is $2.37B and the company has a P/E ratio of 27.65. Currently, Diamondrock has an average volume of 2.18M.

Four different firms, including Boenning & Scattergood and Merrill Lynch, currently also have a Sell rating on the stock.

The insider sentiment on Diamondrock has been positive according to 35 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Gilbert Ray’s trades have generated a -10.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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DiamondRock Hospitality Co. is a real estate investment trust with interests in hotels and resorts portfolio. Its activities include owning and management of lodging properties. The company was founded by Mark W. Brugger, William W. McCarten, and John L. Williams in July 2004 and is headquartered in Bethesda, MD.

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