Hilton Worldwide Holdings Inc (HLT US, +1, 12-Sep-24)

Judith McHale (Director since 2013) purchased $1 million worth of stock on September 10th at $210.81, increasing her holdings by 22% to 26,175 shares. This is her first purchase despite joining the board 11 years ago. She is currently also on the board of Paramount and previously served on the boards of Ralph Lauren and Sea World, and has not made any open market purchases in those companies. This is an unusual, large and out of the blue purchase from her. She is currently CEO of Cane Investments. 

We ranked this stock +1 on May 30th based on a $400,000 purchase from Melanie Healey (Director since 2017) at $199, which also happened to be her first purchase. 

Healey’s purchase also was unusual as her first including director roles at several other companies, yet no purchases. The stock is near a multi-year high and it is unusual to see insider buying as well as a lack of any recent selling. 

We are renewing our +1 rank.