The Pres. Mgn. Dir. Asia Pacific of Marriott International is Exercising Options

By Carrie Williams

Today, the Pres. Mgn. Dir. Asia Pacific of Marriott International, Craig Smith, exercised options of Marriott International for $795.8K. The options were close to expired and Craig Smith disposed stocks.

Following Craig Smith’s last MAR Sell transaction on December 29, 2016, the stock climbed by 54.3%. In addition to Craig Smith, 9 other MAR executives reported Sell trades in the last month.

Based on Marriott International’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $5.66 billion and quarterly net profit of $392 million. In comparison, last year the company earned revenue of $3.94 billion and had a net profit of $70 million. The company has a one-year high of $137.60 and a one-year low of $81.04. MAR’s market cap is $50.04B and the company has a P/E ratio of 37.11.

Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $125.63, reflecting a 8.7% upside.

The insider sentiment on Marriott International has been negative according to 117 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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Marriott International, Inc. is a diversified global lodging company, which engages in the operation and franchise of hotels, corporate housing properties, and timeshare properties. It operates through the following business segments: North American Full-Service; North American Limited-Service; and International.