Kathleen Merrill Sells 20,000 DRH Shares

Kathleen Merrill sold DRH shares worth $237,600 on June 12, 2026.

Key Points

  • Kathleen Merrill sold 20,000 shares of DRH on June 12, 2026, at an average price of $11.88, totaling $237,600.
  • Shares of DRH are trading around $11.94, with recent analyst ratings maintaining a hold status and price targets around $12.00.
  • Institutional investors like BlackRock and Vanguard have adjusted their DRH holdings recently, indicating ongoing interest in the stock.

Kathleen Merrill, an insider at DRH, sold 20,000 shares of the company on June 12, 2026. The shares were sold at an average price of $11.88 each, amounting to a total transaction value of $237,600. This transaction was not part of a pre-planned trading program.

Other Institutional Activity in DRH

BlackRock, Inc. increased its holdings in DRH, adding 73,729 shares to reach a total of 37,571,900 shares valued at approximately $352.05 million. Meanwhile, Vanguard Portfolio Management LLC established a position with 23,552,364 shares worth about $220.69 million. State Street Corp, on the other hand, reduced its stake by 268,940 shares, leaving it with 12,116,801 shares valued at $114.60 million. Cohen & Steers, Inc. significantly boosted its holdings by 3,419,344 shares, bringing its total to 10,029,993 shares worth approximately $93.98 million.

DRH Stock Snapshot

Shares of DRH are currently trading near $11.94. The stock has seen various institutional activities, with both increases and decreases in holdings among major funds. Analyst ratings have largely maintained a hold status, with recent price targets hovering around $12.00.

Insider Buying and Selling at DRH

Apart from Kathleen Merrill's recent sale, Michael Hartmeier sold 20,000 shares on May 13, 2026, at $10.46 each. On May 4, 2026, several insiders, including Tabassum Zalotrawala, Michael Hartmeier, and Kathleen Merrill, each acquired 10,753 shares, although the price for these transactions was not disclosed.

Analysts Set New Price Targets

On June 1, 2026, both Barclays and Wells Fargo maintained their hold ratings on DRH, with a price target of $12.00. On May 26, 2026, Truist Securities also maintained a buy rating with the same target. Other firms like Morgan Stanley and Stifel have also kept their hold ratings with varying targets.

Bottom Line

Kathleen Merrill's recent sale of DRH shares is part of the ongoing insider and institutional activities surrounding the company. DRH remains a stock of interest with its current trading price near analyst price targets. As always, it's important to note that insider transactions and 13F filings reflect past actions and do not necessarily indicate future performance.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.