09:14 AM EDT, 06/25/2024 (MT Newswires) -- Ryman Hospitality Properties ( RHP ) was the stock pick of the week from Smart Insider after a member of the company's board almost doubled his holdings to 23,000 shares.

Director William Haslam, a former Tennessee governor and currently a private investor, spent about $1 million on June 13 to buy 9,972 shares at $100.28 per share, Smart Insider said in a note to clients.

Haslam also spent $1 million in August 2023 at $86.90 per share.

Smart Insider said it was interesting to see that Haslam made another large purchase and at a higher price.

Smart Insider ranked the stock "notable and positive signal."