Diamond Resorts International (NASDAQ:DRII) Director Lowell D. Kraff sold 15,971 shares of the company’s stock on the open market in a transaction that occurred on Thursday, September 25th. The stock was sold at an average price of $22.99, for a total transaction of $367,173.29. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

A number of research firms have recently commented on DRII. Analysts at Imperial Capital initiated coverage on shares of Diamond Resorts International in a research note on Monday, August 4th. They set an “outperform” rating and a $34.00 price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Diamond Resorts International in a research note on Thursday, July 31st. They now have a $27.00 price target on the stock, up previously from $24.00. Finally, analysts at JMP Securities raised their price target on shares of Diamond Resorts International from $26.00 to $28.00 in a research note on Thursday, July 31st. They now have an “outperform” rating on the stock.

Shares of Diamond Resorts International (NASDAQ:DRII) traded up 1.26% on Friday, hitting $23.35. The stock had a trading volume of 8,308 shares. Diamond Resorts International has a 52-week low of $16.45 and a 52-week high of $26.33. The stock has a 50-day moving average of $24.4 and a 200-day moving average of $21.36. The company’s market cap is $1.764 billion.

Diamond Resorts International (NASDAQ:DRII) last released its earnings data on Thursday, August 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.16. Analysts expect that Diamond Resorts International will post $0.80 EPS for the current fiscal year.

Diamond Resorts International, Inc is engaged in the hospitality and vacation ownership industry, with an ownership base of more than 490,000 owner-families, or members, and a network of 296 vacation destinations located in 32 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, Central America, South America, Europe, Asia, Australia and Africa.

Source: http://www.mideasttime.com