Travel & leisure co.: Director Brown sells $6.89 million in stock
#Travel & Leisure Co. #Michael Dean Brown #Insider Trading #Stock Sales #Q4 Results #Analyst Expectations #NYSE: TNL
📌 Key Takeaways
- Brown sold $6.89 million worth of Travel & Leisure stock over two days
- Transactions occurred at prices ranging from $73.15 to $75.08 per share
- Brown exercised options to acquire additional shares worth approximately $4.12 million
- Travel & Leisure recently reported strong quarterly results that beat analyst expectations
📖 Full Retelling
Michael Dean Brown, Director and President & CEO of Travel & Leisure Co. (NYSE: TNL), sold shares of the company's common stock on February 23 and 24, 2026, for a total value of $6.89 million, according to recent insider trading reports. The transactions were executed at prices ranging from $73.15 to $75.08 per share, with Brown selling a total of 92,798 shares over the two-day period. Specifically, on February 23, Brown sold 17,203 shares at $73.15, 48,329 shares at $74.32, and 1,328 shares at $75.08, while on February 24, he sold 25,738 shares at $74.85 and 200 shares at $74.63. Concurrently with these sales, Brown exercised options to acquire 66,860 shares on February 23 and 25,938 shares on February 24, at an exercise price of $44.38, totaling approximately $4.12 million. Following these transactions, Brown directly owns 427,821 shares of Travel & Leisure Co. The stock sales occurred shortly after Travel + Leisure reported strong fourth-quarter results that exceeded analyst expectations, with adjusted diluted earnings per reaching $1.83, surpassing both Citizens' estimate of $1.74 and consensus expectations of $1.81. The company's adjusted EBITDA for the quarter was $272 million, outperforming forecasts, and sales reached $1,026 million, exceeding projections. Following these results, analysts at Citizens and Oppenheimer raised their price targets for the stock to $90 and $85 respectively, both maintaining an Outperform rating.
🏷️ Themes
Insider Trading, Corporate Performance, Stock Market Activity
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# Insider Trading **Insider trading** is the trading of a public company's stock or other securities (such as bonds or stock options) based on **material, nonpublic information** about the company. While the practice is common, its legality is subject to complex regulations that vary significantly ...
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Nasdaq ends more than 1% higher as Nvidia rises pre-earnings, tech extends rebound Gold prices head for fifth day of gains in six; JPMorgan sees more upside Nvidia’s results beat estimates, but Wall Street wants more cash return Nvidia set to report strong results and guidance, analysts say (South Africa Philippines Nigeria) Travel & leisure co.: Director Brown sells $6.89 million in stock By Investing.com Insider Trading Published 02/25/2026, 10:13 PM Travel & leisure co.: Director Brown sells $6.89 million in stock 0 TNL 0.76% WH -0.49% Michael Dean Brown, a Director and the President & CEO of Travel & Leisure Co. (NYSE: TNL), sold shares of the company’s common stock on February 23 and 24, 2026, for a total value of $6.89 million. The sales were executed at prices ranging from $73.15 to $75.08. Specifically, on February 23, Brown sold 17,203 shares at a weighted average price of $73.15, 48,329 shares at a weighted average price of $74.32 and 1,328 shares at a weighted average price of $75.08. On February 24, Brown sold 25,738 shares at a weighted average price of $74.85 and 200 shares at a weighted average price of $74.63. On the same dates, Brown also exercised options to acquire 66,860 shares on February 23 and 25,938 shares on February 24, at an exercise price of $44.38, for a total value of $4118375. Following these transactions, Brown directly owns 427,821 shares of Travel & Leisure Co. In other recent news, Travel + Leisure Co . reported fourth-quarter results that surpassed analyst expectations, with adjusted diluted earnings per share reaching $1.83. This figure exceeded both Citizens’ estimate of $1.74 and consensus expectations of $1.81. The company’s adjusted EBITDA for the quarter was $272 million, outperforming Citizens’ forecast of $256 million and the consensus of $258.6 million. Additionally, Travel + Leisure’s sales reached $1,026 million, surpassing Oppenheimer’s projection of $983 millio...
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