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Kathleen K. Oberg, Executive Vice President and Chief Financial Officer of Marriott International Inc. (NASDAQ:MAR), recently sold a substantial portion of her holdings in the company. According to a recent SEC filing, Oberg disposed of a total of 14,498 shares of Class A Common Stock on February 21, 2025. The shares were sold at prices ranging from $276.33 to $278.60 per share, resulting in a total transaction value of approximately $4.03 million. The sale comes as Marriott trades near its 52-week high of $307.52, with a market capitalization of $76.29 billion and an impressive gross profit margin of 81.87%. According to InvestingPro analysis, the stock is currently fairly valued.
Following this transaction, Oberg retains ownership of 14,281.849 shares directly and also holds additional shares indirectly through a 401(k) account and jointly with her spouse. Additionally, she possesses 29,305 restricted stock units, indicating a continued significant investment in the company. InvestingPro data shows Marriott maintains a strong financial health score, though it currently trades at a relatively high P/E ratio of 33.27.
This sale comes as part of routine financial management and does not necessarily indicate any change in Oberg’s confidence in Marriott’s future performance. Investors often monitor such transactions for insights into insider perspectives on the company’s valuation and outlook. For deeper insights into Marriott’s financial health and valuation metrics, access the comprehensive Pro Research Report available exclusively on InvestingPro, covering over 1,400 top US stocks.
In other recent news, Marriott International reported its fourth-quarter 2024 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $2.45 and revenue of $6.43 billion, both exceeding forecasts. The company highlighted a 7% increase in gross fee revenues and adjusted EBITDA, reflecting strong operational performance. Stifel analysts raised their price target for Marriott shares to $295 from $283, following the company’s earnings beat, while maintaining a Hold rating. Mizuho (NYSE:MFG) Securities also adjusted its price target for Marriott to $293 from $246, acknowledging concerns over future earnings growth but maintaining a Neutral rating.
Meanwhile, Marriott Vacations Worldwide received a reaffirmed Buy rating from Truist Securities, with a price target of $142. Truist highlighted the fixed nature of fees paid by Marriott Vacations to Marriott International, which are expected to remain consistent at $110 million in 2025. Marriott Vacations is scheduled to release its earnings report soon, with investors keen to assess its financial health and future outlook. These developments indicate a period of strong financial performance and strategic adjustments for both Marriott International and Marriott Vacations Worldwide, as they navigate investor expectations and market conditions.
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