Trade Alert: The Independent Director Of Ryman Hospitality Properties, Inc. (NYSE:RHP), Fazal Merchant, Has Sold Some Shares Recently

We'd be surprised if Ryman Hospitality Properties, Inc. (NYSE:RHP) shareholders haven't noticed that the Independent Director, Fazal Merchant, recently sold US$112k worth of stock at US$83.41 per share. That sale was 30% of their holding, so it does make us raise an eyebrow.

See our latest analysis for Ryman Hospitality Properties

The Last 12 Months Of Insider Transactions At Ryman Hospitality Properties

In the last twelve months, the biggest single purchase by an insider was when Chairman & CEO Colin Reed bought US$595k worth of shares at a price of US$27.16 per share. Even though the purchase was made at a significantly lower price than the recent price (US$84.50), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Over the last year, we can see that insiders have bought 24.90k shares worth US$691k. But they sold 10.43k shares for US$499k. Overall, Ryman Hospitality Properties insiders were net buyers during the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Ryman Hospitality Properties is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Ryman Hospitality Properties Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Ryman Hospitality Properties insiders own about US$91m worth of shares. That equates to 2.0% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Ryman Hospitality Properties Tell Us?

Insiders haven't bought Ryman Hospitality Properties stock in the last three months, but there was some selling. In contrast, they appear keener if you look at the last twelve months. We like that insiders own a fair amount of the company. So the recent selling doesn't worry us too much. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For instance, we've identified 3 warning signs for Ryman Hospitality Properties (1 shouldn't be ignored) you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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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