On November 7, 2024, Rena Reiss, Executive Vice President and General Counsel of Marriott International Inc (MAR, Financial), sold 3,487 shares of the company at a price of $276.13 per share. The transaction was documented in an SEC Filing. Following this transaction, the insider now owns 7,198 shares of Marriott International Inc.
Marriott International Inc operates a broad portfolio of hotels and related lodging facilities. From luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels, the company aims to provide a wide range of experiences for travelers around the globe.
Over the past year, Rena Reiss has sold a total of 7,050 shares of Marriott International Inc and has not purchased any shares. This recent sale is part of a broader trend seen within the company, where there have been 17 insider sells and no insider buys over the same period.
Shares of Marriott International Inc were trading at $276.13 on the day of the sale, giving the company a market cap of approximately $77.97 billion. The price-earnings ratio of the stock stands at 29.35, which is above both the industry median of 19.58 and the company's historical median.
According to the GF Value, the intrinsic value of the stock is estimated at $255.43, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 1.08.
The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor which considers past returns and growth, and future business performance estimates provided by Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, providing insight into how insiders are positioning themselves with respect to their holdings in Marriott International Inc.
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.
