VAC Trading Below CEO's Recent Buy Price

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on August 7, Marriott Vacations Worldwide Corp.'s CEO, John E. Geller Jr., invested $564,200.00 into 5,000 shares of VAC, for a cost per share of $112.84. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. In trading on Monday, bargain hunters could buy shares of Marriott Vacations Worldwide Corp. (Symbol: VAC) and achieve a cost basis 1.2% cheaper than Geller Jr., with shares changing hands as low as $111.46 per share. Marriott Vacations Worldwide Corp. shares are currently trading off about 0.5% on the day. The chart below shows the one year performance of VAC shares, versus its 200 day moving average:

Looking at the chart above, VAC's low point in its 52 week range is $109 per share, with $165.85 as the 52 week high point — that compares with a last trade of $111.66. By comparison, below is a table showing the prices at which VAC insider buying was recorded over the last six months:

The current annualized dividend paid by Marriott Vacations Worldwide Corp. is $2.88/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 05/24/2023. Below is a long-term dividend history chart for VAC, which can be of good help in judging whether the most recent dividend with approx. 2.6% annualized yield is likely to continue.

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