Marriott International (MAR) : Investors lapped up stocks on upticks to the tune of $18.26 million in the Fridays trading session. The trading value on downticks was comparatively at $15.51 million and the uptick to downtick ratio of 1.18 indicates continuous buying by the bulls. The net money flow into the stock was $2.75 million. Upticks saw transactions worth $3.52 clearly indicating buying by large investors. The total money flow for block trades stood at $3.52 million, which is a positive for the stock in the long-term. Marriott International (MAR) fell $0.43 during the day at $70.7, a drop of -0.6% over the previous days close. However, for the week, the stock is -2.88%, compared to the previous week.
The company Insiders own 17.07% of Marriott International shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -24.46% . Institutional Investors own 73.86% of Marriott International shares. During last six month period, the net percent change held by insiders has seen a change of -27.48%.
In a related news, The Securities and Exchange Commission has divulged that Smith Craig S., officer (Pres. Mgn. Dir. Asia Pacific) of Marriott International Inc /Md/, had unloaded 1,373 shares at an average price of $73.3 in a transaction dated on August 23, 2016. The total value of the transaction was worth $100,641.
Marriott International (NASDAQ:MAR): stock was range-bound between the intraday low of $70.55 and the intraday high of $71.77 after having opened at $71.39 on Fridays session. The stock finally closed in the red at $71.39, a loss of -0.24%. The stock remained in the red for the whole trading day. The total traded volume was 2,569,310 shares. The stock failed to cross $71.77 in Fridays trading. The stocks closing price on Thursday was $71.13.
Marriott International (MAR) : During the past 4 weeks, traders have been relatively bearish on Marriott International (MAR), hence the stock is down -2.28% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.02% relative to the S&P 500. The 4-week change in the price of the stock is -2.41% and the stock has fallen -2.53% in the past 1 week.
Marriott International, Inc. is a diversified global lodging company. The Company is an operator, franchisor and licensor of hotels and timeshare properties across the world. It also operates markets and develops residential properties and provides services to home/condominium owner associations. It has three segments: North American Full-Service, North American Limited-Service and International. The Companys brands include The Ritz-Carlton, BVLGARI Hotels & Resorts, EDITION, JW Marriott, Autograph Collection Hotels, Renaissance Hotels, Marriott Hotels, Marriott Executive Apartments, Marriott Vacation Club, Gaylord Hotels, AC Hotels by Marriott, Courtyard by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Fairfield Inn & Suites, TownePlace Suites by Marriott, Protea Hotels and Moxy Hotels. It operates, franchises, or licenses approximately 4,175 properties across the world, with around 714,765 rooms inclusive of around 41 home and condominium products.