Choice Hotels International Inc /de (CHH): David L White , other of Choice Hotels International Inc /de sold 32,090 shares on Jun 10, 2016. The Insider selling transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were sold at $45.71 per share for a total value of $1,466,565.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 6, 2016, Simone Wu (Senior Vice President) sold 7,625 shares at $45.92 per share price.On Feb 3, 2016, Patrick Cimerola (Senior Vice President) sold 1,823 shares at $42.50 per share price.Also, On Feb 3, 2016, Stephen P Joyce (President & CEO) sold 45,180 shares at $43.06 per share price.On Nov 9, 2015, Bruce Bainum (10% owner) sold 21,335 shares at $54.26 per share price.
Shares of Choice Hotels International Inc (CHH) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.65 points or -1.40% at $45.76 with 1,91,205 shares getting traded. Post opening the session at $45.99, the shares hit an intraday low of $45.56 and an intraday high of $45.99 and the price vacillated in this range throughout the day. The company has a market cap of $2,585 M and the number of outstanding shares has been calculated to be 5,64,87,684 shares. The 52-week high of Choice Hotels International Inc is $57.51 and the 52-week low is $40.78.
On Apr 26, 2016, Choice Hotels International Inc announced a cash dividend of $0.2050. The company’s management has announced Jun 29, 2016 as the ex-dividend date and fixed the record date on Jul 1, 2016. The payable date has been fixed on Jul 15, 2016.
Choice Hotels International Inc. (Choice) is a hotel franchisor. Choice franchises lodging properties under various brand names: Comfort Inn Comfort Suites Quality Clarion Sleep Inn Econo Lodge Rodeway Inn MainStay Suites Suburban Extended Stay Hotel Cambria hotels & suites and Ascend Hotel Collection (collectively the Choice brands). It operates in two segments: hotel franchising business and SkyTouch Technology (SkyTouch). SkyTouch is a division of the Company that develops and markets cloud-based technology products including inventory management pricing and connectivity to third party channels to hoteliers not under franchise agreements with the Company. The SkyTouch platform also includes a mobile-native interface that offers mobile functionality to the elements of property management and housekeeping.