Insiders at Alexandria Real Estate Equities (ARE) Make Significant Stock Sales Extends the Trend of Last Quarter

Wednesday, December 06, 2017 10:15 PM ET

Insiders at Alexandria Real Estate Equities (ARE) Make Significant Stock Sales Extends the Trend of Last Quarter

There was substantial level of selling of Alexandria Real Estate Equities shares by insiders today, as revealed in form 4 documents filed with the SEC. Two insiders — Joel S Marcus, Director and Officer, and Peter M Moglia, Officer — sold 29,250 shares in the company having a market value of approximately $3,791,500. There have been 3 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 68,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 97,250 shares and have averaged 19,450 shares per transaction over this time period.

Compared to its peers over the last 90 days, insider buy/sell trading at Alexandria Real Estate Equities is higher than the 48-company peer group average. Commercial REITs peer group saw 68 buy/sell trades during this period for an average of 1.4 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 284,815 shares purchased and 250,583 shares sold with company insiders having bought 951 shares on average.

In order to focus on significant insider buying and selling activity, 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 has been eliminated data used to create and write this story.

Today’s Insider Activity
* Joel S Marcus, Director and Officer, sold 27,500 shares
* Peter M Moglia, Officer, sold 1,750 shares

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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