Marriott International, Inc’s recently made public that its President, EMEA Anand Satyajit unloaded Company’s shares for reported $0.56 million on Dec 06 ’24. In the deal valued at $293.63 per share,1,919 shares were sold. As a result of this transaction, Anand Satyajit now holds 22,559 shares worth roughly $6.24 million.
Then, Anand Satyajit bought 1,919 shares, generating $563,487 in total proceeds.
Before that, Brown William P sold 1,707 shares. Marriott International, Inc shares valued at $485,292 were divested by the Group Pres., US and Canada at a price of $284.30 per share. As a result of the transaction, Brown William P now holds 23,077 shares, worth roughly $6.38 million.
Goldman initiated its Marriott International, Inc [MAR] rating to a Buy in a research note published on September 18, 2024; the price target was $267. A number of analysts have revised their coverage, including Bernstein’s analysts, who increased its forecast for the stock in late August from “a Mkt perform” to “an Outperform”. Susquehanna began covering MAR with “Neutral” recommendation on June 21, 2024. Mizuho started covering the stock on March 26, 2024. It rated MAR as “a Neutral”.
Price Performance Review of MAR
On Tuesday, Marriott International, Inc [NASDAQ:MAR] saw its stock jump 1.52% to $276.43. Over the last five days, the stock has gained 1.40%. Marriott International, Inc shares have fallen nearly -0.90% since the year began. Nevertheless, the stocks have risen 21.79% over the past one year. While a 52-week high of $295.45 was reached on 01/02/25, a 52-week low of $204.55 was recorded on 01/07/25. SMA at 50 days reached $280.89, while 200 days put it at $250.18.
Levels Of Support And Resistance For MAR Stock
The 24-hour chart illustrates a support level at 273.42, which if violated will result in even more drops to 270.40. On the upside, there is a resistance level at 278.09. A further resistance level may holdings at 279.75. The Relative Strength Index (RSI) on the 14-day chart is 46.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.26%. Stochastics %K at 21.57% indicates the stock is a holding.
How much short interest is there in Marriott International, Inc?
A steep rise in short interest was recorded in Marriott International, Inc stocks on 2024-12-31, dropping by -0.2 million shares to a total of 5.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 5.47 million shares. There was a decline of -3.88%, which implies that there is a negative sentiment for the stock.
