George Herrera Sells 767 Shares of Wyndham Destinations (WYND) Stock

Wyndham Destinations (NASDAQ:WYND) Director George Herrera sold 767 shares of the firm’s stock in a transaction on Wednesday, November 7th. The shares were sold at an average price of $43.68, for a total transaction of $33,502.56. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

George Herrera also recently made the following trade(s):

  • On Thursday, August 16th, George Herrera sold 747 shares of Wyndham Destinations stock. The shares were sold at an average price of $44.61, for a total transaction of $33,323.67.

WYND stock opened at $41.60 on Friday. Wyndham Destinations has a 52 week low of $33.61 and a 52 week high of $57.67.

Wyndham Destinations (NASDAQ:WYND) last released its earnings results on Thursday, November 1st. The company reported $1.47 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.42 by $0.05. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.06 billion. The firm’s quarterly revenue was up 4.6% on a year-over-year basis.

Several hedge funds have recently added to or reduced their stakes in WYND. Brown Advisory Inc. bought a new position in shares of Wyndham Destinations during the 1st quarter valued at $503,000. CENTRAL TRUST Co bought a new position in shares of Wyndham Destinations during the 2nd quarter valued at $110,000. Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of Wyndham Destinations during the 2nd quarter valued at $1,350,000. State of Alaska Department of Revenue bought a new position in shares of Wyndham Destinations during the 2nd quarter valued at $769,000. Finally, Denali Advisors LLC bought a new position in shares of Wyndham Destinations during the 2nd quarter valued at $2,585,000.

Several research firms have recently weighed in on WYND. Oppenheimer set a $66.00 price objective on shares of Wyndham Destinations and gave the company a “buy” rating in a research report on Thursday, November 1st. Macquarie upgraded shares of Wyndham Destinations from an “underperform” rating to a “neutral” rating in a research report on Friday, November 2nd. Zacks Investment Research cut shares of Wyndham Destinations from a “buy” rating to a “hold” rating in a research report on Saturday, October 13th. JPMorgan Chase & Co. lowered their price objective on shares of Wyndham Destinations from $48.00 to $43.00 and set a “neutral” rating on the stock in a research report on Friday, November 2nd. Finally, Credit Suisse Group lowered their price objective on shares of Wyndham Destinations from $55.00 to $49.00 and set a “neutral” rating on the stock in a research report on Thursday, August 9th. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $57.50.

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Wyndham Destinations Company Profile

Wyndham Destinations, Inc engages in the provision of hospitality services and products. It operates through three business segments: Hotel Group, Destination Network, Vacation Ownership, and Corporate and Other. The Hotel Group segment franchises hotels in the upscale, upper midscale, midscale, economy, and extended stay segments; and provides hotel management services for full-service and select limited-service hotels.

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