On November 8, 2024, Drew Pinto, Executive Vice President, Chief Revenue & Technology Officer of Marriott International Inc (MAR, Financial), sold 1,000 shares of the company. The transaction was executed at a price of $280.72 per share, as detailed in the SEC Filing. Following this transaction, the insider now owns 5,819 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 comprehensive offering across multiple customer segments.
Over the past year, Drew Pinto has sold a total of 2,404 shares of the company and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 21 insider sells and no insider buys over the past year.
The shares of Marriott International Inc were trading at $280.72 on the day of the sale, giving the company a market cap of approximately $79.48 billion. The price-earnings ratio of the stock stands at 29.92, which is above both the industry median of 19.67 and the historical median for the company.
According to the GF Value, the intrinsic value of Marriott International Inc is estimated at $255.84 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.1.
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 for the company's past performance and expected future business outcomes.
This sale by the insider might be of interest to current and potential investors, providing insight into how insiders are reacting to the stock's valuation and market conditions.
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.
