Anyone interested in Xenia Hotels & Resorts, Inc. (NYSE:XHR) should probably be aware that the Senior VP, Taylor Kessel, recently divested US$217k worth of shares in the company, at an average price of US$19.63 each. In particular, we note that the sale equated to a 100% reduction in their position size, which doesn’t exactly instill confidence.
Check out our latest analysis for Xenia Hotels & Resorts
The Last 12 Months Of Insider Transactions At Xenia Hotels & Resorts
In the last twelve months, the biggest single sale by an insider was when the Senior VP & Chief Accounting Officer, Joseph Johnson, sold US$707k worth of shares at a price of US$19.09 per share. That means that an insider was selling shares at below the current price (US$19.41). We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don’t know for sure what they think of the stock price. It is worth noting that this sale was 100% of Joseph Johnson’s holding.
In the last year Xenia Hotels & Resorts insiders didn’t buy any company stock. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
NYSE:XHR Insider Trading Volume May 30th 2021
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Insider Ownership of Xenia Hotels & Resorts
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Xenia Hotels & Resorts insiders own about US$13m worth of shares. That equates to 0.6% of the company. We’ve certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At Xenia Hotels & Resorts Tell Us?
Insiders haven’t bought Xenia Hotels & Resorts stock in the last three months, but there was some selling. And there weren’t any purchases to give us comfort, over the last year. Insiders own shares, but we’re still pretty cautious, given the history of sales. We’re in no rush to buy! So while it’s helpful to know what insiders are doing in terms of buying or selling, it’s also helpful to know the risks that a particular company is facing. For example, Xenia Hotels & Resorts has 2 warning signs (and 1 which can’t be ignored) we think you should know about.
Of course Xenia Hotels & Resorts may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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