Service Properties Trust (NASDAQ:SVC) Director Acquires $12,000.00 in Stock

Market Beat
2026.04.06 12:34
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Service Properties Trust (NASDAQ:SVC) Director Rajan Penkar acquired 10,000 shares at $1.20 each, totaling $12,000, on April 2nd. This purchase increased his ownership in the company. The transaction was reported to the SEC. SVC's stock opened at $1.27, with a 52-week range of $1.13 to $3.08. The company reported a quarterly EPS of $0.17, exceeding estimates, and set FY 2026 guidance at 0.650-0.770 EPS. Analysts have mixed ratings on the stock, with an average target price of $2.00.