Tonix Pharmaceuticals stock halted ahead of FDA approval news
Director George Herrera of Travel & Leisure Co (NYSE:TNL) sold 2,200 shares of common stock on August 12, 2025. The shares were sold at a weighted average price of $60.482, for a total transaction value of $133,060. The prices for the sale ranged from $60.48 to $60.485.
Following the transaction, Herrera directly owns 559 shares of Travel & Leisure Co common stock. He also directly owns 45,539 deferred stock units and 1,955 restricted stock units.
In other recent news, Travel + Leisure Co. has announced a quarterly cash dividend of $0.56 per share, payable on September 30, 2025, to shareholders of record as of September 12, 2025. The company has also priced a private offering of $500 million in senior secured notes due 2033, with the offering expected to close on August 19, 2025. These notes will bear an interest rate of 6.125% per year. JMP Securities has raised its price target for Travel + Leisure to $70.00 from $60.00, maintaining a Market Outperform rating, following second-quarter financial results that showed EBITDA of $250 million. Despite a slight revenue miss, the company managed to offset this with SG&A efficiency.
Additionally, Mizuho has upgraded Travel + Leisure’s stock from Neutral to Outperform, citing an expected earnings inflection in the latter half of the year. The firm also raised its price target to $72.00 from $63.00. Stifel has also increased its price target for the company to $70.00 from $66.00, maintaining a Buy rating. The firm’s decision is based on the company’s strategy of focusing on growing the new owner portion of its business to 35% while maintaining strong fundamentals. These developments reflect analysts’ positive outlook on Travel + Leisure’s future performance.
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