RLJ - Insider Selling: Reginald Arthur Collins Unloads $298K Of RLJ Lodging Stock | Benzinga
Making a noteworthy insider sell on December 26, Reginald Arthur Collins, Board Member at RLJ Lodging (NYSE:RLJ), is reported in the latest SEC filing.
What Happened: Collins's recent move involves selling 25,000 shares of RLJ Lodging. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The total value is $298,000.
In the Wednesday's morning session, RLJ Lodging's shares are currently trading at $11.99, experiencing a down of 0.21%.
About RLJ Lodging
RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas where utmost of their customers are business, leisure, and other travelers. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.
RLJ Lodging's Economic Impact: An Analysis
Positive Revenue Trend: Examining RLJ Lodging's financials over 3 months reveals a positive narrative. The company achieved a ...