Vail Resorts Inc reported an insider purchase by a senior finance executive this month. Angela A. Korch, the company's executive vice president and chief financial officer, bought 190 shares of Vail Resorts common stock in an open-market transaction at $131.85 per share, for a total outlay of $25,051. The transaction, recorded on a Form 4 filed with the Securities and Exchange Commission, was executed on March 16, 2026. After the acquisition, Korch directly holds 5,539 shares of the company.
The company is identified as a roughly $4.72 billion resort operator that an external analysis characterized as appearing undervalued, with that analysis providing fair value estimates and investor guidance for MTN shareholders.
Quarterly results and analyst reactions
Vail Resorts' second-quarter fiscal 2026 results prompted multiple firms to adjust their price targets. The company posted revenue of $1.08 billion, below the consensus estimate of $1.11 billion. Resort Adjusted EBITDA came in at $418 million, under the expected $440 million.
- BNP Paribas Exane lowered its price target to $157 and kept an Outperform rating.
- Truist Securities revised its target to $217, noting the company missed its estimate for EBITDA of $425 million.
- Stifel cut its price target to $172, pointing to a 9% miss in Resort Adjusted EBITDA versus consensus.
- Mizuho reduced its target to $200, citing weak visits to Colorado related to low snowfall, while maintaining an Outperform rating.
- Morgan Stanley lowered its price target to $147, attributing the change to challenging weather conditions that affected the firm's view of Vail Resorts' guidance.
In response to results and conditions, Vail Resorts updated its full-year guidance to a Resort Adjusted EBITDA range of $747 million to $783 million, which is below the previously anticipated range.
Context for the insider transaction
The Form 4 filing documents the timing and size of CFO Korch's purchase but does not include commentary on her motivations. The purchase increases the executive's direct ownership to 5,539 shares. The market context surrounding the buy includes recent downward revisions to analyst price targets and reduced company guidance after the quarter's shortfall.
This article reports the transaction and the contemporaneous analyst adjustments and guidance updates as disclosed in public filings and company releases. Where available, the filing dates and reported figures are included to reflect the official record.