The CAO of Ashford Hospitality Prime (AHP) is Selling Shares


Today, the CAO of Ashford Hospitality Prime (NYSE: AHP), Mark Nunneley, sold shares of AHP for $1.05M.

This is Nunneley’s first transaction since reporting a Buy transaction on AHT back in November 2007

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Based on Ashford Hospitality Prime’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $102 million and quarterly net profit of $3.86 million. In comparison, last year the company earned revenue of $97.14 million and had a GAAP net loss of $130K. AHP’s market cap is $354.4M and the company has a P/E ratio of 19.74. Currently, Ashford Hospitality Prime has an average volume of 274.7K.

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