Insider Selling: Choice Hotels International (NYSE:CHH) Director Sells $540,997.86 in Stock

Choice Hotels International, Inc. (NYSE:CHHGet Free Report) Director William Jews sold 5,057 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $106.98, for a total transaction of $540,997.86. Following the completion of the sale, the director directly owned 23,987 shares of the company’s stock, valued at approximately $2,566,129.26. This trade represents a 17.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Choice Hotels International Stock Performance

NYSE CHH traded up $2.15 during trading hours on Wednesday, hitting $109.33. The company had a trading volume of 293,395 shares, compared to its average volume of 648,003. The business has a 50 day moving average of $109.85 and a 200-day moving average of $108.30. The company has a market cap of $4.92 billion, a PE ratio of 15.47, a price-to-earnings-growth ratio of 4.23 and a beta of 0.67. Choice Hotels International, Inc. has a 1-year low of $84.04 and a 1-year high of $123.82. The company has a debt-to-equity ratio of 14.08, a quick ratio of 0.93 and a current ratio of 0.93.

Choice Hotels International (NYSE:CHHGet Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.05. Choice Hotels International had a return on equity of 205.69% and a net margin of 20.28%.The business had revenue of $440.76 million for the quarter, compared to analysts’ expectations of $436.48 million. During the same quarter in the previous year, the firm earned $1.92 earnings per share. The business’s revenue was up 3.4% compared to the same quarter last year. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. As a group, equities research analysts expect that Choice Hotels International, Inc. will post 7.01 EPS for the current year.

Institutional Trading of Choice Hotels International

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bamco Inc. NY raised its stake in shares of Choice Hotels International by 37.8% during the 4th quarter. Bamco Inc. NY now owns 7,386,575 shares of the company’s stock worth $703,645,000 after buying an additional 2,026,679 shares during the last quarter. Vanguard Group Inc. grew its stake in Choice Hotels International by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 2,331,972 shares of the company’s stock valued at $222,144,000 after acquiring an additional 27,032 shares during the last quarter. Wellington Management Group LLP increased its holdings in Choice Hotels International by 1.7% during the 2nd quarter. Wellington Management Group LLP now owns 669,693 shares of the company’s stock valued at $73,847,000 after acquiring an additional 11,366 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Choice Hotels International by 151.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 512,628 shares of the company’s stock worth $48,833,000 after acquiring an additional 308,771 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in Choice Hotels International by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 431,916 shares of the company’s stock worth $41,151,000 after acquiring an additional 6,422 shares during the last quarter. 65.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CHH has been the subject of a number of research reports. Morgan Stanley boosted their price objective on Choice Hotels International from $86.00 to $91.00 and gave the company an “underweight” rating in a research note on Tuesday. Wells Fargo & Company raised their target price on shares of Choice Hotels International from $98.00 to $99.00 and gave the stock an “underweight” rating in a research report on Thursday, July 16th. JPMorgan Chase & Co. lifted their target price on shares of Choice Hotels International from $116.00 to $118.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $124.00 price target on shares of Choice Hotels International in a research report on Thursday, August 6th. Finally, Barclays increased their price target on shares of Choice Hotels International from $101.00 to $102.00 and gave the stock an “underweight” rating in a research note on Thursday, August 6th. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $112.75.

Check Out Our Latest Stock Report on Choice Hotels International

About Choice Hotels International

(Get Free Report)

Choice Hotels International, Inc is a hospitality franchisor specializing in the development and support of lodging brands across the economy, midscale and upscale segments. Through a network of franchisees, Choice Hotels supplies proprietary reservation and distribution systems, comprehensive marketing programs, and operational support services. The company’s core activities include brand management, franchise development, and technology-driven revenue optimization tools designed to enhance guest acquisition and retention for its partners.

Founded in 1939 as Quality Courts United, the company rebranded to Choice Hotels International in 1982 to reflect its expanding brand portfolio and global ambitions.

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