Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Summit Hotel Properties Inc shares valued at $121,000 were sold by Patel Mehulkumar Bhikhubhai on Jan 05 ’26. At $4.84 per share, Patel Mehulkumar Bhikhubhai sold 25,000 shares. The insider’s holdings dropped to 444,295 shares worth approximately $2.09 million following the completion of this transaction.
Also, Patel Mehulkumar Bhikhubhai sold 10,000 shares, netting a total of over 51,200 in proceeds. Following the sale of shares at $5.12 each, the insider now holds 469,295 shares.
Before that, Storey Thomas W. had added 16,270 shares to its account. In a trade valued at $75,167, the Director bought Summit Hotel Properties Inc shares for $4.62 each. Upon closing the transaction, the insider’s holdings increased to 16,270 shares, worth approximately $1.09 million.
As published in a research note from BofA Securities on November 04, 2025, Summit Hotel Properties Inc [INN] has been rated down from a Neutral to an Underperform and the price target has been revised to $4.50. Analysts at BofA Securities upgraded the stock from ‘”an Underperform”‘ to ‘”a Neutral”‘ outlook in a report released in late April. As of January 10, 2024, Wolfe Research has initiated its “Peer perform” rating for INN. Earlier on January 12, 2023, Robert W. Baird downgraded its rating. Their new recommendation was “a Neutral” for INN stock which previously was a “an Outperform”.
Analyzing INN Stock Performance
On last trading session, Summit Hotel Properties Inc [NYSE: INN] rose 2.39% to $4.71. The stock’s lowest price that day was $4.575, but it reached a high of $4.74 in the same session. During the last five days, there has been a drop of approximately -3.29%. Over the course of the year, Summit Hotel Properties Inc shares have dropped approximately -29.81%. Shares of the company reached a 52-week high of $4.97 on 01/02/26 and a 52-week low of $4.45 on 01/07/26.
Support And Resistance Levels for Summit Hotel Properties Inc (INN)
According to the 24-hour chart, there is a support level at 4.60, which, if violated, would cause prices to drop to 4.49. In the upper region, resistance lies at 4.78. The next price resistance is at 4.85. RSI (Relative Strength Index) is 37.92 on the 14-day chart, showing neutral technical sentiment.
Is Summit Hotel Properties Inc subject to short interest?
Stocks of Summit Hotel Properties Inc saw a sharp steep in short interest on 2025-12-15 dropping by -0.17 million shares to 4.75 million. Data from Yahoo Finance shows that the short interest on 2025-11-14 was 4.93 million shares. A decline of -3.67% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 6.61 of the overall float, the days-to-cover ratio (short ratio) decline to 6.61.
Which companies own the most shares of Summit Hotel Properties Inc (INN)?
In terms of Summit Hotel Properties Inc share price expectations, FactSet research, analysts set an average price target of 4.75 in the next 12 months, up nearly 3.26% from the previous closing price of $4.6. Analysts anticipate Summit Hotel Properties Inc stock to reach 5 by 2026, with the lowest price target being 4.5. In spite of this, 1 analysts ranked Summit Hotel Properties Inc stock as Buy at the end of 2026. On September 15, 2022, CapitalOne assigned a price target of “an Equal weight” to the stock and downgraded coverage with a $10.
