Large Outflow of Money Witnessed in Marriott International

Marriott International (NASDAQ:MAR) had an volatile session and gained 0.12 points till last call. The price was at $66.61, gaining 0.18% till the last intraday data. The total uptick value was $0.39 million while the total downtick value was $1.25 million. The shares saw a net money flow of $(-0.86) million and the up/down ratio stood at 0.31. The stock has seen a change of of -2.09% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-0.96) million. Almost $0 million were received in upticks and approximately $0.96 million were lost in downticks, thereby giving the up/down ratio of 0.


Currently the company Insiders own 17.07% of Marriott International shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -34.2% . Institutional Investors own 65.59% of Marriott International shares. During last six month period, the net percent change held by insiders has seen a change of -34.2%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Grissen David, officer (Group President) of Marriott International Inc /Md/, had unloaded 9,068 shares at an average price of $67.97 in a transaction dated on May 12, 2016. The total value of the transaction was worth $616,352.

Marriott International (NASDAQ:MAR) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.53 points or 0.8% at $65.96 with 2,872,612 shares getting traded. Post opening the session at $66.35, the shares hit an intraday low of $65.94 and an intraday high of $67 and the price was in this range throughout the day. The company has a market cap of $16,769 million and the number of outstanding shares have been calculated to be 254,231,720 shares. The 52-week high of Marriott International (NASDAQ:MAR) is $79.88 and the 52-week low is $56.43.

Many analysts have stated their opinion on the company shares. Raymond James downgrades its view on Marriott International (NASDAQ:MAR) according to the research report released by the firm to its investors. The shares have now been rated Market Perform by the stock experts at the ratings house. Earlier, the shares had a rating of Outperform. The rating by the firm was issued on April 20, 2016.

Marriott International, Inc. is a diversified global lodging company. The Company is an operator, franchisor and licensor of hotels and timeshare properties across the world. It also operates markets and develops residential properties and provides services to home/condominium owner associations. It has three segments: North American Full-Service, North American Limited-Service and International. The Companys brands include The Ritz-Carlton, BVLGARI Hotels & Resorts, EDITION, JW Marriott, Autograph Collection Hotels, Renaissance Hotels, Marriott Hotels, Marriott Executive Apartments, Marriott Vacation Club, Gaylord Hotels, AC Hotels by Marriott, Courtyard by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Fairfield Inn & Suites, TownePlace Suites by Marriott, Protea Hotels and Moxy Hotels. It operates, franchises, or licenses approximately 4,175 properties across the world, with around 714,765 rooms inclusive of around 41 home and condominium products.

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