Today, a Director at Marriot Vacations (VAC), Thomas J. Hutchison, bought shares of VAC for $42.4K.
This recent transaction increases Thomas J. Hutchison’s holding in the company by 225% to a total of $60.21K. This is Hutchison’s first transaction since reporting a Sell transaction on HT back in December 2018
See today’s analyst top recommended stocks >>
Based on Marriot Vacations’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.05 billion and quarterly net profit of $44 million. In comparison, last year the company earned revenue of $481 million and had a net profit of $108 million. VAC’s market cap is $4.26B and the company has a P/E ratio of 108.76. Currently, Marriot Vacations has an average volume of 238.3K.
Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $128.00, reflecting a 37.3% upside. Four different firms, including Credit Suisse and Jefferies, currently also have a Buy rating on the stock.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Marriott Vacations Worldwide Corp. engages in developing, marketing, selling, and managing of vacation ownership and related products under the Ritz-Carlton Destination Club and Marriott brands. It operates through the following segments: North America, Europe, and Asia Pacific.
