Marriott International, Inc’s recent filing unveils 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 $6.56 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 $6.71 million.
Evercore ISI upgraded its Marriott International, Inc [MAR] rating to an Outperform from a an In-line in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in mid September with a ‘”a Buy”‘ rating. Bernstein also remained covering MAR and has increased its forecast on August 29, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. Susquehanna started covering the stock on June 21, 2024. It rated MAR as “a Neutral”.
Price Performance Review of MAR
On Tuesday, Marriott International, Inc [NASDAQ:MAR] saw its stock jump 0.10% to $290.75. Over the last five days, the stock has gained 0.73%. Marriott International, Inc shares have risen nearly 4.23% since the year began. Nevertheless, the stocks have risen 19.32% over the past one year. While a 52-week high of $295.45 was reached on 01/30/25, a 52-week low of $204.55 was recorded on 01/07/25. SMA at 50 days reached $283.61, while 200 days put it at $252.56.
Levels Of Support And Resistance For MAR Stock
The 24-hour chart illustrates a support level at 289.28, which if violated will result in even more drops to 287.81. On the upside, there is a resistance level at 292.04. A further resistance level may holdings at 293.33. The Relative Strength Index (RSI) on the 14-day chart is 63.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.80, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.78%. Stochastics %K at 82.63% indicates the stock is a selling.
How much short interest is there in Marriott International, Inc?
A steep rise in short interest was recorded in Marriott International, Inc stocks on 2025-01-15, dropping by 97101.0 shares to a total of 5.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.33 million shares. There was a decline of -1.86%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 26, 2024 when Mizuho began covering the stock and recommended ‘”a Neutral”‘ rating along with a $263 price target.
