Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Marriott International, Inc shares valued at $563,476 were sold by Anand Satyajit on Dec 06 ’24. At $293.63 per share, Anand Satyajit sold 1,919 shares. The insider’s holdings dropped to 22,559 shares worth approximately $6.43 million following the completion of this transaction.
Also, Anand Satyajit purchased 1,919 shares, netting a total of over 563,487 in proceeds.
Before that, Brown William P had sold 1,707 shares from its account. In a trade valued at $485,292, the Group Pres., US and Canada traded Marriott International, Inc shares for $284.30 each. Upon closing the transaction, the insider’s holdings decreased to 1,707 shares, worth approximately $6.58 million.
As published in their initiating research note from Goldman on September 18, 2024, Marriott International, Inc [MAR] has been a Buy and the price target has been revised to $267. Analysts at Bernstein upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in late August. As of June 21, 2024, Susquehanna has initiated its “Neutral” rating for MAR. Earlier on March 26, 2024, Mizuho initiated its rating. Their recommendation was “a Neutral” for MAR stock.
Analyzing MAR Stock Performance
During the last five days, there has been a surge of approximately 3.27%. Over the course of the year, Marriott International, Inc shares have jumped approximately 2.20%. Shares of the company reached a 52-week high of $285.14 on 01/23/25 and a 52-week low of $269.28 on 01/07/25. A 50-day SMA is recorded $282.53, while a 200-day SMA reached $251.02. Nevertheless, trading volume fell to 1.61 million shares from 1.41 million shares the previous day.
Support And Resistance Levels for Marriott International, Inc (MAR)
According to the 24-hour chart, there is a support level at 279.94, which, if violated, would cause prices to drop to 274.81. In the upper region, resistance lies at 287.67. The next price resistance is at 290.27. RSI (Relative Strength Index) is 59.85 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.53, which suggests the price will increase in the coming days. Percent R is at 0.44%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
