According to a recent SEC filing, EVP & General Counsel COLDEN TRACY M J has sold 44,480 shares of Playa Hotels & Resorts NV (PLYA, Financial) on January 19, 2024. The transaction was executed at an average price of $8.04 per share, resulting in a total value of $357,715.20.
Playa Hotels & Resorts NV is a leading owner, operator, and developer of all-inclusive resorts in prime beachfront locations in popular vacation destinations. The company owns and manages a portfolio of hotels and resorts under renowned brands such as Hyatt, Hilton, and Jewel Resorts.
Over the past year, the insider has sold a total of 55,679 shares and has not made any purchases. The recent sale by the insider is part of a trend observed over the past year, where there have been no insider buys and 21 insider sells for Playa Hotels & Resorts NV.
Shares of Playa Hotels & Resorts NV were trading at $8.04 on the day of the insider's recent sale, giving the company a market cap of $1.118 billion. The price-earnings ratio stands at 33.67, which is above the industry median of 20.22 but below the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio is currently 0.64, with a GF Value of $12.47, indicating that the stock is considered a Possible Value Trap, Think Twice according to GuruFocus's valuation model. The GF Value is determined by historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
