Marriott Vacations Worldwide executive buys $46,579 in stock

Published 06/03/2025, 23:20
Marriott Vacations Worldwide executive buys $46,579 in stock

Stephanie Sobeck Butera, Executive Vice President and Chief Operating Officer of Hyatt Vacation Ownership, recently made a notable purchase of Marriott Vacations Worldwide Corp (NYSE:VAC) shares. According to a recent SEC filing, Butera acquired 650 shares on March 6, 2025, at a price of $71.66 per share, amounting to a total investment of $46,579. The purchase comes as the stock trades near its 52-week low of $67.28, with InvestingPro analysis suggesting the shares are currently undervalued, trading at an attractive P/E ratio of 11.7 and offering a 4.33% dividend yield.

In addition to the purchase, the filing detailed several other transactions. On March 4, Butera acquired 91 shares of common stock and 2,347 shares through performance-based restricted stock units, both at no cost. Furthermore, 4,316 stock appreciation rights were recorded at a conversion price of $71.17. Additionally, 41 shares were withheld by the company to cover tax liabilities, valued at $2,917. Following these transactions, Butera’s total direct ownership of Marriott Vacations Worldwide shares rose to 8,770. For deeper insights into VAC’s valuation metrics and extensive financial analysis, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US stocks with detailed metrics and expert analysis.

In other recent news, Marriott Vacations Worldwide reported impressive fourth-quarter 2024 earnings, with an earnings per share (EPS) of $1.86, surpassing analysts’ expectations of $1.61. The company also exceeded revenue forecasts, reporting $1.33 billion against the anticipated $1.24 billion. Marriott Vacations announced a 7% year-over-year growth in contract sales, with a notable 9% increase in sales to first-time buyers. The company also provided guidance for 2024, projecting a 4% growth in contract sales and an expansion of EBITDA enhancement initiatives by $100 million to $150 million. Meanwhile, Citizens JMP maintained its Market Outperform rating on Marriott Vacations, citing the company’s strong adjusted EBITDA performance. Barclays (LON:BARC) reiterated its Overweight rating, highlighting the potential for significant upside to 2026 expectations due to positive February trends and modernization efforts. However, Mizuho (NYSE:MFG) Securities adjusted its price target from $120.00 to $112.00, maintaining an Outperform rating while acknowledging unexpected challenges impacting the company’s 2025 guidance.

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