Diamond Resorts International Inc (NASDAQ:DRII) gapped up prior to trading on Thursday . The stock had previously closed at $29.95, but opened at $29.99. Diamond Resorts International shares last traded at $30.09, with a volume of 1,151,729 shares.

A number of equities research analysts have recently weighed in on the stock. SunTrust Banks Inc. lowered shares of Diamond Resorts International from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $35.00 to $30.25 in a report on Friday, July 1st. MKM Partners lowered shares of Diamond Resorts International from a “buy” rating to a “neutral” rating and upped their price target for the company from $26.00 to $30.25 in a report on Thursday, June 30th. Goldman Sachs Group Inc. lowered shares of Diamond Resorts International from a “buy” rating to a “neutral” rating and set a $32.00 price target for the company. in a report on Wednesday, June 29th. Finally, Zacks Investment Research upgraded shares of Diamond Resorts International from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a report on Monday, June 20th.

The company has a 50-day moving average of $29.93 and a 200 day moving average of $24.07. The company has a market capitalization of $2.10 billion and a price-to-earnings ratio of 15.42.

In related news, insider Lowell D. Kraff sold 720,969 shares of the firm’s stock in a transaction on Friday, July 22nd. The shares were sold at an average price of $30.21, for a total value of $21,780,473.49. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Guggenheim Capital Llc bought 1,260,008 shares of the business’s stock in a transaction that occurred on Friday, July 15th. The stock was acquired at an average cost of $30.14 per share, with a total value of $37,976,641.12. The disclosure for this purchase can be found here.

Diamond Resorts International, Inc (DRII) is engaged in the hospitality and vacation ownership industry. The Company operates through two segments: hospitality and management services, and Vacation Interest Sales and Financing. Its hospitality and management services segment manages a network of resort properties and provides services to a member base across the world.

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