Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Summit Hotel Properties Inc shares valued at $75,167 were purchased by Storey Thomas W. on May 13 ’25. At $4.62 per share, Storey Thomas W. acquired 16,270 shares. The insider’s holdings grew to 231,337 shares worth approximately $1.28 million following the completion of this transaction.
Also, Bright Force Investment, LLC sold 21,207 shares, netting a total of over 135,301 in proceeds. Following the sale of shares at $6.38 each, the insider now holds 1,578,793 shares.
As published in a research note from BofA Securities on April 30, 2025, Summit Hotel Properties Inc [INN] has been rated up from an Underperform to a Neutral and the price target has been revised to $5. Analysts at Wolfe Research started covering the stock with ‘”a Peer perform”‘ outlook in a report released in early January. As of January 12, 2023, Robert W. Baird has decreased its “an Outperform” rating to a “Neutral” for INN. Earlier on September 15, 2022, CapitalOne downgraded its rating. Their new recommendation was “an Equal weight” for INN stock which previously was a “an Overweight”.
Analyzing INN Stock Performance
On last trading session, Summit Hotel Properties Inc [NYSE: INN] rose 0.73% to $5.53. The stock’s lowest price that day was $5.435, but it reached a high of $5.58 in the same session. During the last five days, there has been a drop of approximately -2.47%. Over the course of the year, Summit Hotel Properties Inc shares have dropped approximately -19.51%. Shares of the company reached a 52-week high of $6.96 on 01/28/25 and a 52-week low of $3.57 on 04/09/25.
Support And Resistance Levels for Summit Hotel Properties Inc (INN)
According to the 24-hour chart, there is a support level at 5.45, which, if violated, would cause prices to drop to 5.36. In the upper region, resistance lies at 5.60. The next price resistance is at 5.66. RSI (Relative Strength Index) is 46.88 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 2025-09-15 dropping by -1.09 million shares to 4.7 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 5.79 million shares. A decline of -23.26% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 5.99 of the overall float, the days-to-cover ratio (short ratio) decline to 5.99.
