In a filing, Marriott International, Inc. revealed its Director HIPPEAU ERIC unloaded Company’s shares for reported $0.35 million on Mar 13 ’24. In the deal valued at $251.19 per share,1,400 shares were sold. As a result of this transaction, HIPPEAU ERIC now holds 72 shares worth roughly $17684.64.
Then, Marriott David S sold 2,878 shares, generating $716,449 in total proceeds. Upon selling the shares at $248.94, the 13D Group Owning more than 10% now owns 596,042 shares.
Before that, Anand Satyajit sold 2,749 shares. Marriott International, Inc. shares valued at $692,556 were divested by the President, EMEA at a price of $251.93 per share. As a result of the transaction, Anand Satyajit now holds 24,478 shares, worth roughly $6.01 million.
Mizuho initiated its Marriott International, Inc. [MAR] rating to a Neutral in a research note published on March 26, 2024; the price target was $263. HSBC Securities began covering MAR with “Buy” recommendation on October 23, 2023. Bernstein revised its rating on August 14, 2023. It rated MAR as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of MAR
On Tuesday, Marriott International, Inc. [NASDAQ:MAR] saw its stock fall -1.12% to $245.62. Over the last five days, the stock has lost -3.66%. Marriott International, Inc. shares have risen nearly 8.92% since the year began. Nevertheless, the stocks have risen 46.12% over the past one year. While a 52-week high of $260.57 was reached on 04/11/24, a 52-week low of $162.77 was recorded on 01/03/24. SMA at 50 days reached $248.89, while 200 days put it at $216.32. A total of 1.09 million shares were traded, compared to the trading of 1.43 million shares in the previous session.
Levels Of Support And Resistance For MAR Stock
The 24-hour chart illustrates a support level at 243.99, which if violated will result in even more drops to 242.37. On the upside, there is a resistance level at 247.99. A further resistance level may holdings at 250.36. The Relative Strength Index (RSI) on the 14-day chart is 42.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.44%. Stochastics %K at 17.03% indicates the stock is a buying.
