Ddr Corp (DDR) Files Form 4 Insider Selling : Paul W Freddo Sells 28,939 Shares

Ddr Corp (DDR): Paul W Freddo , Sr. Exec. Vice President of Ddr Corp sold 28,939 shares on May 5, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $18.00 per share for a total value of $520,902.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 26, 2015, Robert H Gidel (director) purchased 1,300 shares at $15.85 per share price.On Jun 24, 2015, Alexander Otto (director 10% owner) purchased 1,000,000 shares at $16.07 per share price.Also, On May 29, 2015, Scott D Roulston (director) sold 1,090 shares at $17.12 per share price.On Apr 3, 2015, Terrance R Ahern (director) sold 5,650 shares at $25.48 per share price.

DDR Corp: On Friday, May 6, 2016 heightened volatility was witnessed in DDR Corp which led to swings in the share price. The shares opened for trading at $18 and hit $18.33 on the upside , eventually ending the session at $18.33, with a gain of 1.44% or 0.26 points. The heightened volatility saw the trading volume jump to 22,36,636 shares. The 52-week high of the share price is $18.33 and the company has a market cap of $6,698 M . The 52-week low of the share price is at $14.71.

DDR Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.DDR Corp is Upgraded by KeyBanc Capital Mkts to Overweight. Earlier the firm had a rating of Sector Weight on the company shares. The Rating was issued on Apr 15, 2016.DDR Corp is Initiated by Mizuho to Neutral and the brokerage firm has set the Price Target at $19. The Rating was issued on Apr 14, 2016.

DDR Corp. (DDR) is a self-administered and self-managed real estate investment trust (REIT). The Company is in the business of acquiring owning developing redeveloping expanding leasing and managing shopping centers. In addition the Company engages in the origination and acquisition of loans and debt securities which are generally collateralized directly or indirectly by shopping centers. The Company owns and manages approximately 415 shopping centers representing 118 million square feet in 41 states and Puerto Rico. DDR has completed 53 redevelopment projects. Its properties include Eastland Center in California Easton Market in Ohio and The Maxwell in Illinois.

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