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

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 shares were sold at an average price of $111.49, for a total transaction of $83,617,500.00. Following the sale, the director owned 3,380,818 shares in the company, valued at $376,927,398.82. The trade was a 18.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Marriott Vacations Worldwide Stock Down 5.1%

VAC opened at $110.08 on Friday. The stock has a market cap of $3.79 billion, a price-to-earnings ratio of -11.30, a price-to-earnings-growth ratio of 2.16 and a beta of 1.23. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.99 and a current ratio of 3.56. The firm’s fifty day moving average is $102.64 and its 200 day moving average is $81.45. 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 issued its quarterly earnings results on Thursday, August 6th. The company reported $2.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.97 by $0.34. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. Marriott Vacations Worldwide had a positive return on equity of 12.27% and a negative net margin of 6.47%.Marriott Vacations Worldwide’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.96 EPS. Marriott Vacations Worldwide has set its FY 2026 guidance at 8.250-9.050 EPS. On average, sell-side analysts forecast that Marriott Vacations Worldwide Corporation will post 8.88 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on VAC. Barclays lifted their target price on Marriott Vacations Worldwide from $94.00 to $140.00 and gave the company an “overweight” rating in a research note 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. Mizuho set a $103.00 price objective on shares of Marriott Vacations Worldwide in a research report on Wednesday, May 6th. Susquehanna began coverage on shares of Marriott Vacations Worldwide in a report on Tuesday. They issued a “neutral” rating and a $110.00 target price on the stock. Finally, Weiss Ratings raised shares of Marriott Vacations Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $101.45.

Institutional Investors Weigh In On Marriott Vacations Worldwide

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

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.