Monitoring Apple Hospitality REIT Inc. (APLE) after recent insider movements


Apple Hospitality REIT Inc.’s filing revealed that its Executive Chairman KNIGHT GLADE M acquired Company’s shares for reported $75338.0 on Aug 11. In the deal valued at $15.07 per share,5,000 shares were bought. As a result of this transaction, KNIGHT GLADE M now holds 573,109 shares worth roughly $ 8.61 million.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


Then, Hugh Redd bought 1,000 shares, generating $14,480 in total proceeds. Upon buying the shares at $14.48, the Director now owns 110,997 shares.

Before that, GATHRIGHT KRISTIAN M bought 70 shares. Apple Hospitality REIT Inc. shares valued at $1,009 were divested by the Director at a price of $14.42 per share. As a result of the transaction, GATHRIGHT KRISTIAN M now holds 70 shares, worth roughly $1052.1.

Wells Fargo upgraded its Apple Hospitality REIT Inc. [APLE] rating to an Overweight from a an Equal weight in a research note published on Friday, March 30, 2023; the price target was decreased to $17 from $18. PT values the company’s stock at a premium of 11.59 to its Friday closing price.

Price Performance Review of APLE

On Friday, Apple Hospitality REIT Inc. [NYSE:APLE] saw its stock jump 0.07% to $15.03. On the same session, the stock had its day’s lowest price of $14.99, but rose to a high of $15.20. Over the last five days, the stock has gained 4.01%. Apple Hospitality REIT Inc. shares have fallen nearly -4.75% since the year began. Nevertheless, the stocks have fallen -5.04% over the past one year. While a 52-week high of $18.22 was reached on 02/02/23, a 52-week low of $13.66 was recorded on 03/24/23. SMA at 50 days reached $15.05, while 200 days put it at $15.71. A total of 0.77 million shares were traded, compared to the trading of 1.29 million shares in the previous session.

Levels Of Support And Resistance For APLE Stock

The 24-hour chart illustrates a support level at 14.95, which if violated will result in even more drops to 14.86. On the upside, there is a resistance level at 15.16. A further resistance level may holdings at 15.28. The Relative Strength Index (RSI) on the 14-day chart is 52.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.91%. Stochastics %K at 77.17% indicates the stock is a holding.

How much short interest is there in Apple Hospitality REIT Inc.?

A steep rise in short interest was recorded in Apple Hospitality REIT Inc. stocks on Aug 14, 2023, growing by 0.14 million shares to a total of 4.51 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 4.37 million shares. There was a rise of 3.1%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 2.49% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.98.

Apple Hospitality REIT Inc. [APLE] – Who Are The Largest Shareholders?

In filings from The Vanguard Group, Inc., it is revealed that the company now owns 32,332,694 shares, or roughly 14.12% of the outstanding APLE shares. In other words, the investor’s shares have fallen by -439,631 from its previous 13-F filing of 32772325.0. Additionally, BlackRock Fund Advisors increased 3.88% of its stake after which the total value it holdings stand at $263,841,574, while SSgA Funds Management, Inc. added 0.01% of its stake to hold $165.82 million in the firm. Over the last quarter, T. Rowe Price Investment Manageme purchased 1,000,974 shares of Apple Hospitality REIT Inc., while Fuller & Thaler Asset Management, bought 760,700 shares. At present, Principal Global Investors LLC is holding 5,869,734 shares valued at $90.98 million. JPMorgan Investment Management, I owned 5,456,921 shares of the company at the time of its most recent 13F filing, worth $84.58 million.


Please enter your comment!
Please enter your name here