Wednesday, September 27, 2017 10:15 PM ET
Continued Level of Significant Insider Selling at Alexandria Real Estate Equities (ARE)
There was a substantial sale of shares of Alexandria Real Estate Equities by an insider today, as indicated in a form 4 document filed with the SEC. One insider — Joel S Marcus, Director and Officer — disposed of 25,000 shares in the company having a market value of approximately $2,974,750. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 100 company shares and the sale of 46,893 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 71,793 shares and have averaged 14,399 shares per transaction over this time period.
The level of buy/sell trading at Alexandria Real Estate Equities is is greater than the 47 peer company average over the last 90-day period. The Commercial REITs peer group saw 50 buy/sell trades during this period for an average of 1.1 transactions per company. The number of shares per buy/sell trade for Alexandria Real Estate Equities insiders was also higher. Within the peer group there were 75,561 shares purchased and 249,201 shares sold with company insiders selling 3,473 shares on average.
Insider buying and selling activity that is significant has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in creating and writing this story.
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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