Yatra Online, Inc. Announces Insider Buying
On September 16, 2020, Yatra Online, Inc. (NASDAQ: YTRA) announced that its CEO Dhruv Shringi and VP Manish Hemrajani purchased 50,000 shares between September 14-15, 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
On September 16, 2020, Yatra Online, Inc. (NASDAQ: YTRA) announced that its CEO Dhruv Shringi and VP Manish Hemrajani purchased 50,000 shares between September 14-15, 2020. Yatra is a leading Corporate Travel Services provider in India, catering to over 700 corporate clients. The company operates Yatra.com, offering comprehensive travel solutions including air travel, hotel bookings, and holiday packages, with access to more than 1.5 million hotels globally.
Positive
- CEO and VP purchasing 50,000 shares indicates insider confidence in the company's future.
- Yatra serves over 700 corporate clients, demonstrating a solid business foundation.
Negative
- None.
Details
News Market Reaction – YTRA
The recorded move for YTRA in the trading session of this news was +7.54%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GURUGRAM, India and NEW YORK, Sept. 16, 2020 /PRNewswire/ -- Yatra Online, Inc. ("Yatra") (NASDAQ: YTRA, OTCQX: YTROF), India's leading Corporate Travel Services provider, and one of India's leading online travel companies, today announced that members of its Senior Management, CEO Mr. Dhruv Shringi and VP, Head of Investor Relations and Corporate Development Mr. Manish Hemrajani, collectively purchased 50,000 shares of Yatra between September 14th and 15th, 2020 in open-market transactions.
About Yatra Online, Inc.
Yatra Online, Inc is the parent company of Yatra Online Pvt. Ltd. which is based in Gurugram, India and is India's leading Corporate Travel services provider with 700+ Corporate customers and one of India's leading online travel companies and operates the website Yatra.com. The company provides information, pricing, availability, and booking facility for domestic and international air travel, domestic and international hotel bookings, holiday packages, buses, trains, in city activities, inter-city and point-to-point cabs, homestays and cruises. As a leading platform of accommodation options, Yatra provides real-time bookings for more than 108,000 hotels in India and over 1,500,000 hotels around the world.
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SOURCE Yatra Online, Inc.
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