President Of Hyatt Hotels Sold 25% Of Their Shares
Hyatt Hotels Corporation Class A H | 0.00 |
We wouldn't blame Hyatt Hotels Corporation (NYSE:H) shareholders if they were a little worried about the fact that Mark Hoplamazian, the President recently netted about US$24m selling shares at an average price of US$199. That's a big disposal, and it decreased their holding size by 25%, which is notable but not too bad.
The Last 12 Months Of Insider Transactions At Hyatt Hotels
Notably, that recent sale by Mark Hoplamazian is the biggest insider sale of Hyatt Hotels shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$198. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.
Insiders in Hyatt Hotels didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
I will like Hyatt Hotels better if I see some big insider buys.
Does Hyatt Hotels Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Hyatt Hotels insiders own 10% of the company, currently worth about US$1.9b based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Does This Data Suggest About Hyatt Hotels Insiders?
Insiders haven't bought Hyatt Hotels stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
