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 company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $111.49, for a total transaction of $83,617,500.00. Following the transaction, the director owned 3,380,818 shares of the company’s stock, valued at approximately $376,927,398.82. The trade was a 18.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Marriott Vacations Worldwide Price Performance

Shares of Marriott Vacations Worldwide stock opened at $112.19 on Friday. The company has a debt-to-equity ratio of 2.65, a current ratio of 3.56 and a quick ratio of 2.99. The company has a market cap of $3.86 billion, a PE ratio of -11.52, a price-to-earnings-growth ratio of 2.06 and a beta of 1.23. The firm has a fifty day moving average price of $103.02 and a two-hundred day moving average price of $81.66. Marriott Vacations Worldwide Corporation has a fifty-two week low of $44.58 and a fifty-two week high of $131.34.

Marriott Vacations Worldwide (NYSE:VAC) last posted its quarterly earnings data on Thursday, August 6th. The company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the previous year, the firm posted $1.96 EPS. The business’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. Analysts expect that Marriott Vacations Worldwide Corporation will post 8.88 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Susquehanna initiated coverage on Marriott Vacations Worldwide in a research report on Tuesday. They set a “neutral” rating and a $110.00 price objective on the stock. Mizuho set a $103.00 target price on shares of Marriott Vacations Worldwide in a research report on Wednesday, May 6th. Barclays increased their price target 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. Morgan Stanley reaffirmed an “underweight” rating and set a $65.00 price objective on shares of Marriott Vacations Worldwide in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $134.00 price objective on shares of Marriott Vacations Worldwide in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $101.45.

Institutional Investors Weigh In On Marriott Vacations Worldwide

Hedge funds have recently made changes to their positions in the company. Advisory Services Network LLC acquired a new stake in shares of Marriott Vacations Worldwide during the third quarter worth approximately $27,000. IFP Advisors Inc grew its position in Marriott Vacations Worldwide by 1,828.0% during the 3rd quarter. IFP Advisors Inc now owns 482 shares of the company’s stock worth $32,000 after acquiring an additional 457 shares during the last quarter. Leonteq Securities AG acquired a new stake in Marriott Vacations Worldwide during the 4th quarter valued at $35,000. Kestra Advisory Services LLC bought a new position in Marriott Vacations Worldwide in the 4th quarter valued at $37,000. Finally, International Assets Investment Management LLC raised its position in Marriott Vacations Worldwide by 877.2% in the 1st quarter. International Assets Investment Management LLC now owns 557 shares of the company’s stock valued at $38,000 after purchasing an additional 500 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

About Marriott Vacations Worldwide

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.