Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. 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 $6.49 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 $6.64 million.
As published in a research note from Evercore ISI on February 04, 2025, Marriott International, Inc [MAR] has been rated up from an In-line to an Outperform and the price target has been revised to $330. Analysts at Goldman started covering the stock with ‘”a Buy”‘ outlook in a report released in mid September. As of August 29, 2024, Bernstein has increased its “Mkt perform” rating to a “an Outperform” for MAR. Earlier on June 21, 2024, Susquehanna initiated its rating. Their recommendation was “a Neutral” for MAR stock.
Analyzing MAR Stock Performance
During the last five days, there has been a drop of approximately -0.15%. Over the course of the year, Marriott International, Inc shares have jumped approximately 3.09%. Shares of the company reached a 52-week high of $307.52 on 02/07/25 and a 52-week low of $269.28 on 01/07/25. A 50-day SMA is recorded $285.02, while a 200-day SMA reached $255.28. Nevertheless, trading volume fell to 1.4 million shares from 1.6 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 284.69, which, if violated, would cause prices to drop to 281.82. In the upper region, resistance lies at 289.68. The next price resistance is at 291.80. RSI (Relative Strength Index) is 49.49 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.95, which suggests the price will decrease in the coming days. Percent R is at 74.92%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
