Marriott International, Inc’s recently made public that its Group Pres., US and Canada Brown William P unloaded Company’s shares for reported $3.61 million on Feb 21 ’25. In the deal valued at $285.63 per share,12,642 shares were sold. As a result of this transaction, Brown William P now holds 30,919 shares worth roughly $8.58 million.
Then, Oberg Kathleen K. sold 14,498 shares, generating $4,031,436 in total proceeds. Upon selling the shares at $278.07, the EVP & CFO now owns 14,282 shares.
Before that, Reiss Rena Hozore sold 3,500 shares. Marriott International, Inc shares valued at $1,003,275 were divested by the EVP & General Counsel at a price of $286.65 per share. As a result of the transaction, Reiss Rena Hozore now holds 24,733 shares, worth roughly $6.86 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 0.25% to $277.46. Over the last five days, the stock has lost -3.80%. Marriott International, Inc shares have fallen nearly -0.53% since the year began. Nevertheless, the stocks have risen 11.29% over the past one year. While a 52-week high of $307.52 was reached on 02/07/25, a 52-week low of $204.55 was recorded on 01/07/25. SMA at 50 days reached $284.20, while 200 days put it at $256.16.
Levels Of Support And Resistance For MAR Stock
The 24-hour chart illustrates a support level at 273.51, which if violated will result in even more drops to 269.57. On the upside, there is a resistance level at 279.59. A further resistance level may holdings at 281.73. The Relative Strength Index (RSI) on the 14-day chart is 39.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -11.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.92%. Stochastics %K at 9.95% indicates the stock is a buying.
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.
