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Director William Haslam Acquires 9,972 Shares of Ryman Hospitality Properties Inc (RHP)

Published 2024-06-14, 11:00 a/m
Director William Haslam Acquires 9,972 Shares of Ryman Hospitality Properties Inc (RHP)
RHP
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GuruFocus - On June 13, 2024, Director William Haslam purchased 9,972 shares of Ryman Hospitality Properties Inc (NYSE:RHP) as reported in the SEC Filing. Following this transaction, the insider now owns a total of 22,790 shares of the company.

Ryman Hospitality Properties Inc, a real estate investment trust specializing in group-oriented, destination hotel assets in urban and resort markets, saw its shares trading at $100.28 on the day of the transaction. This price gives the company a market cap of approximately $5.89 billion.

The price-earnings ratio of Ryman Hospitality Properties Inc stands at 20.36, which is above the industry median of 16.52. The company's shares are considered Modestly Undervalued with a price-to-GF Value ratio of 0.86, based on a GF Value of $117.18.

Over the past year, William Haslam has increased his holdings in the company by purchasing a total of 21,479 shares. There have been 4 insider buys and 7 insider sells within the same period among Ryman Hospitality Properties Inc insiders.

The insider transaction trend and the current valuation metrics suggest a noteworthy activity within the company's stock. The GF Value, calculated considering historical trading multiples, an adjustment factor based on past performance, and future business performance estimates, supports the current stock price level.

This insider buying activity could be a signal to investors about the perceived value of the stock at current levels, considering the insider's growing stake in the company.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This content was originally published on Gurufocus.com

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