Insider Trading in Focus: Apple Hospitality REIT, Inc. $APLE

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Apple Hospitality REIT, Inc. (NYSE:APLE) insider have most recently took part in a trading activity. On Aug 28, 2017 Hugh Redd, Director bought 5,000 shares having total worth of $89,150 at the price of $17.83 per share, following the transaction a total of 65,495 shares owned by Hugh Redd. Before this latest buy, Hugh Redd purchased APLE at 8 other times during the past twelve months, for a total investment of $588,125 at an average of $18.23 per share.

The stock has experienced a total of 5 insider trades in the past three months. These trades include 5 buy trades. Furthermore, over the past 12 months , the stock was traded 20 times by insiders. an employee of the company was the buyer in 20 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 5 0 -5.36%
12 Month 20 0 -0.79%

Shares of Apple Hospitality REIT, Inc. (NYSE:APLE) traded down 0.78% on Aug 28, 2017, hitting $17.75. 688,683 shares of the company’s stock traded hands. Apple Hospitality REIT, Inc. has a 52 week low of $16.63 and a 52 week high of $19.9. The company’s market cap is $3,230 million.

Apple Hospitality REIT, Inc. (NYSE:APLE) last announced its earnings results on Aug 7, 2017. The company reported 0.51 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.36 by $0.15. The company had revenue of $332 million for the quarter, compared to the consensus estimate of $336 million. During the same quarter in the previous year, the company posted 0.52 earnings per share. The company’s revenue for the quarter was up 29% on a year-over-year basis.

2017-08-07 2017-05-04 2017-02-27 2016-11-07 2016-08-08 2016-05-05 2016-02-25 2015-11-05
earnings per share 0.51 0.39 0.37 0.49 0.52 0.40 0.35 0.46
Revenue(M) 331.7 292.93 282.43 276.47 257.64 224.58 213.03 240.56

Apple Hospitality REIT, Inc. has been the subject of a number of recent research reports. Analysts at Canaccord Genuity Downgrades shares of Apple Hospitality REIT, Inc. from a Buy rating to an Hold rating in a research note. They now have a $21.00 price target on the stock.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.