Wyndham Worldwide Corp (WYN) Files Form 4 Insider Selling : George Herrera Sells 456 Shares

Wyndham Worldwide Corp (WYN): George Herrera , director of Wyndham Worldwide Corp sold 456 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $67.47 per share for a total value of $30,768.60 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 16, 2016, Nicola Rossi (Sr. VP & Chief Account. Ofc.) sold 1,000 shares at $75.95 per share price.On Mar 3, 2016, Geoffrey A Ballotti (President/CEO WHG) sold 28,755 shares at $75.00 per share price.Also, On Feb 18, 2016, Gail Mandel (CEO) purchased 1,000 shares at $69.39 per share price.On Feb 17, 2016, George Herrera (director) sold 512 shares at $67.64 per share price.

Wyndham Worldwide Corporation: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in Wyndham Worldwide Corporation which led to swings in the share price. The shares opened for trading at $67.04 and hit $67.68 on the upside , eventually ending the session at $67.55, with a gain of 0.24% or 0.16 points. The heightened volatility saw the trading volume jump to 8,93,062 shares. The 52-week high of the share price is $87.33 and the company has a market cap of $7,562 M . The 52-week low of the share price is at $60.59.

Wyndham Worldwide Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Wyndham Worldwide Corporation is Reiterated by Telsey Advisory Group to Outperform and the brokerage firm has raised the Price Target to $ 95 from a previous price target of $93 .The Rating was issued on Apr 27, 2016.Wyndham Worldwide Corporation is Reiterated by MKM Partners to Buy and the brokerage firm has raised the Price Target to $ 89 from a previous price target of $88 .The Rating was issued on Apr 27, 2016.Wyndham Worldwide Corporation is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 83 from a previous price target of $80 .The Rating was issued on Mar 15, 2016.

Wyndham Worldwide Corporation is a hospitality company. The Company offers individual consumers and business customers a wide range of hospitality services and products through a portfolio of brands including Wyndham Hotels and Resorts Ramada Days Inn Super 8 Howard Johnson Wingate by Wyndham Microtel Inns & Suites Tryp by Wyndham RCI Landal GreenParks and others. The Company operates through three segments: Lodging which franchises hotels in the upscale upper midscale midscale economy and extended stay segments and provides hotel management services for service hotels; Vacation exchange and rentals which provides vacation exchange services and products to owners of intervals of vacation ownership interests (VOIs) and markets vacation rental properties and Vacation ownership which develops markets and sells VOIs to individual consumers provides consumer financing in connection with the sale of VOIs and provides property management services at resorts.

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