Christian Asmar Sells 750,000 Shares of Marriott Vacations Worldwide (NYSE:VAC) Stock

Marriott Vacations Worldwide Corporation (NYSE:VAC) Director Christian Asmar sold 750,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $111.49, for a total transaction of $83,617,500.00. Following the completion of the sale, the director owned 3,380,818 shares of the company’s stock, valued at $376,927,398.82. This trade represents a 18.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Marriott Vacations Worldwide Stock Performance

Shares of Marriott Vacations Worldwide stock traded down $5.92 on Thursday, reaching $110.08. 840,714 shares of the stock were exchanged, compared to its average volume of 545,652. Marriott Vacations Worldwide Corporation has a 1-year low of $44.58 and a 1-year high of $131.34. The company has a current ratio of 3.56, a quick ratio of 2.99 and a debt-to-equity ratio of 2.65. The business has a fifty day moving average price of $102.29 and a two-hundred day moving average price of $81.05. The firm has a market capitalization of $3.79 billion, a PE ratio of -11.30, a PEG ratio of 2.15 and a beta of 1.23.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings data on Thursday, August 6th. The company reported $2.31 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.34. Marriott Vacations Worldwide had a negative net margin of 6.47% and a positive return on equity of 12.27%. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter last year, the firm earned $1.96 earnings per share. The firm’s revenue was up 5.9% compared to the same quarter last year. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. As a group, research analysts anticipate that Marriott Vacations Worldwide Corporation will post 8.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on VAC shares. Barclays boosted their price objective on shares of Marriott Vacations Worldwide from $94.00 to $140.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Susquehanna began coverage on shares of Marriott Vacations Worldwide in a research report on Tuesday. They set a “neutral” rating and a $110.00 target price for the company. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $132.00 price target on shares of Marriott Vacations Worldwide in a report on Friday, August 7th. Zacks Research upgraded shares of Marriott Vacations Worldwide from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Finally, Wells Fargo & Company raised their price objective on shares of Marriott Vacations Worldwide from $68.00 to $101.00 and gave the stock an “underweight” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $101.45.

Hedge Funds Weigh In On Marriott Vacations Worldwide

A number of institutional investors have recently modified their holdings of VAC. Cassaday & Co Wealth Management LLC grew its stake in Marriott Vacations Worldwide by 5.9% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 4,987 shares of the company’s stock worth $325,000 after acquiring an additional 276 shares during the period. Aaron Wealth Advisors LLC boosted its holdings in shares of Marriott Vacations Worldwide by 4.2% during the first quarter. Aaron Wealth Advisors LLC now owns 7,274 shares of the company’s stock worth $474,000 after purchasing an additional 296 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Marriott Vacations Worldwide by 55.2% during the first quarter. Blue Trust Inc. now owns 956 shares of the company’s stock worth $62,000 after purchasing an additional 340 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in shares of Marriott Vacations Worldwide by 51.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,085 shares of the company’s stock valued at $63,000 after purchasing an additional 367 shares during the period. Finally, Advisory Services Network LLC purchased a new stake in shares of Marriott Vacations Worldwide in the third quarter valued at $27,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Marriott Vacations Worldwide Company Profile

Marriott Vacations Worldwide Corporation, headquartered in Orlando, Florida, specializes in the development, marketing and management of vacation ownership resorts and related products. Originally launched as a division of Marriott International in 1984, the company became a separate publicly traded entity in 2011. Since then, it has expanded its offerings through both organic growth and strategic acquisitions, establishing itself as a leading provider in the global timeshare industry.

The company’s core business activities include selling vacation ownership interests, managing a growing portfolio of branded resorts and operating a loyalty program that allows members to exchange or use points at affiliated properties.