The EVP, Group President-Americas of Hyatt Hotels (NYSE: H) is Selling Shares

By Carrie Williams

Today, the EVP, Group President-Americas of Hyatt Hotels (HResearch Report), Peter Sears, sold shares of H for $804.9K.

Following Peter Sears’ last H Sell transaction on November 30, 2016, the stock climbed by 30.4%. In addition to Peter Sears, one other H executive reported Sell trades in the last month.

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Based on Hyatt Hotels’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.22 billion and quarterly net profit of $296 million. In comparison, last year the company earned revenue of $1.07 billion and had a net profit of $237 million. The company has a one-year high of $81.63 and a one-year low of $63.45. Currently, Hyatt Hotels has an average volume of 581.86K.

The insider sentiment on Hyatt Hotels has been negative according to 58 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Hyatt Hotels Corp. engages in the development and management of resort and hotel chains. It operates through the following segments: Owned and Leased Hotels; Americas Management and Franchising; ASPAC Management and Franchising; and EAME/SW Asia management and Franchising. The Owned and Leased Hotels segment offers hospitality services and hotels.