Wyndham Hotels & Resorts Inc's Chief Accounting Officer Sells Company Shares
Wyndham Hotels & Resorts Inc (NYSE:WH), a leading global hotel franchisor with a portfolio of 20 hotel brands, has reported an insider sale according to a recent SEC filing. The Chief Accounting Officer of the company, Nicola Rossi, sold 3,200 shares of the company on March 12, 2024. The transaction was executed at an average price of $79 per share, resulting in a total sale amount of $252,800.Over the past year, the insider has sold a total of 11,200 shares of Wyndham Hotels & Resorts Inc and has not made any purchases of the stock. The company's insider transaction history over the last year indicates that there have been no insider buys and two insider sells.
The market capitalization of Wyndham Hotels & Resorts Inc stands at $6.457 billion as of the date of the insider's recent sale. The stock's price-earnings ratio is 23.31, which is above the industry median of 20.65 but below the companys historical median price-earnings ratio.Regarding the stock's valuation, with a trading price of $79 and a GuruFocus Value of $79.18, Wyndham Hotels & Resorts Inc has a price-to-GF-Value ratio of 1, indicating that the stock is Fairly Valued based on its GF Value. The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
The sale by the Chief Accounting Officer may be of interest to investors monitoring insider activities as part of their investment research. It is important to note that insider transactions are only one of many factors that investors may consider and do not necessarily indicate future stock performance.
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.
