Insider Sell: Chief Accounting Officer Brandon Buhler Sells 35,915 Shares of Playa Hotels & ...
Playa Hotels & Resorts NV (NASDAQ:PLYA) recently witnessed a significant insider sell by its Chief Accounting Officer, Brandon Buhler. On February 27, 2024, the insider sold 35,915 shares of the company, as reported in the SEC Filing. This transaction has caught the attention of investors and market analysts, considering the insider's role and the volume of shares sold.Playa Hotels & Resorts NV is a leading owner, operator, and developer of all-inclusive resorts in prime beachfront locations in popular vacation destinations. The company is known for its portfolio of well-regarded brands and properties in Mexico and the Caribbean.Over the past year, Brandon Buhler has been active in the market, selling a total of 52,823 shares and making no purchases. This latest sell has added to the insider's transaction history, which aligns with the overall insider trend for the company.
The insider transaction history for Playa Hotels & Resorts NV shows a pattern of insider sells, with 22 recorded over the past year and no insider buys during the same period. This trend may be of interest to those monitoring insider behaviors as a signal for their investment decisions.On the valuation front, Playa Hotels & Resorts NV's shares were trading at $9.04 on the day of the insider's recent transaction. The company's market cap stood at $1.258 billion, reflecting its size and significance in the industry.The price-earnings ratio of Playa Hotels & Resorts NV is 26.88, which is above the industry median of 20.56 but below the company's historical median price-earnings ratio. This metric provides insight into how the company is valued relative to its earnings and industry peers.
Considering the stock's price of $9.04 and the GuruFocus Value of $11.42, Playa Hotels & Resorts NV has a price-to-GF-Value ratio of 0.79. According to GuruFocus, this suggests that the stock is Modestly Undervalued based on its GF Value. The GF Value is an intrinsic value estimate that takes into account historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.Investors and analysts often look to insider transactions as one of many tools to gauge the potential direction of a company's stock. The recent sell by Chief Accounting Officer Brandon Buhler may be a point of consideration for those evaluating Playa Hotels & Resorts NV's stock performance and valuation.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
