Apple Hospitality Reit, Inc. (APLE): Redd Hugh , director of Apple Hospitality Reit, Inc. purchased 4,500 shares on Sep 12, 2016. The Insider buying transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $18.30 per share for a total value of $82,340.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 12, 2016, Redd Hugh (director) purchased 2,500 shares at $18.19 per share price.On Sep 9, 2016, Glade M Knight (Executive Chairman) purchased 5,385 shares at $18.50 per share price.Also, On Sep 9, 2016, Bryan Peery (CFO) purchased 2,289 shares at $18.25 per share price.On Sep 9, 2016, Jon A Fosheim (director) purchased 1,612 shares at $18.62 per share price.
Apple Hospitality REIT Inc: On Monday, Sep 12, 2016 heightened volatility was witnessed in Apple Hospitality REIT Inc which led to swings in the share price. The shares opened for trading at $18.29 and hit $18.6 on the upside , eventually ending the session at $18.57, with a gain of 1.81% or 0.33 points. The heightened volatility saw the trading volume jump to 1,876,804 shares. The 52-week high of the share price is $20.97 and the company has a market cap of $3,244 M . The 52-week low of the share price is at $16.35.
Apple Hospitality REIT Inc. is a real estate investment trust (REIT). The Company owns portfolios of upscale select service hotels in the United States. The Company’s portfolio is diversified across the Hilton and Marriott families of brands with locations in urban suburban and developing markets. The Company operates approximately 177 hotels with approximately 22750 guestrooms under Courtyard by Marriott Fairfield Inn by Marriott Fairfield Inn & Suites by Marriott Marriott Hotels & Resorts Renaissance Hotels Residence Inn by Marriott SpringHill Suites by Marriott TownePlace Suites by Marriott Embassy Suites Hotels Hampton Inn Hampton Inn & Suites Hilton Hilton Garden Inn Home2 Suites by Hilton and Homewood Suites by Hilton brands. The Company operates approximately 90 Marriott-branded hotels and 83 Hilton-branded hotels.