Christopher J. Bilotto, President and CEO at Service Properties Trust (SVC), bought 100,000 shares at $1.20 ($120K) on 2026-04-02, disclosed to the SEC on 2026-04-02.
CEO Christopher J. Bilotto purchased 100,000 shares at $1.20, marking the largest insider purchase in the company's history. This move comes as the stock has crashed 51.71% over the past year, potentially signaling confidence in the turnaround of the distressed REIT.
The stock is currently trading at $1.27, down 51.71% over the last year and sitting 58.7% below its 52-week high of $3.08, though it remains 12.39% above the 52-week low of $1.13.
The stock faces significant execution risk following a Q1 2026 FFO miss of -57.90% and a net loss of $151.18 million, which has pressured the forward P/E to a negative -6.73. Additionally, the 2.13% short interest indicates a skeptical market view that could exacerbate volatility if the repositioning plan fails to materialize.
Clearly above the average filing.