Marcus & Millichap, Inc. (MMI): William E. Hughes , SVP Marcus & Millichap Capital of Marcus & Millichap, Inc. sold 1,900 shares on Jun 8, 2016. The Insider selling transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were sold at $27.52 per share for a total value of $52,297.88 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, Gene A. Berman (Executive Vice President) sold 306 shares at $25.00 per share price.On May 10, 2016, Martin E. Louie (Chief Financial Officer) sold 15,000 shares at $27.50 per share price.Also, On May 9, 2016, William E. Hughes (SVP Marcus & Millichap Capital) sold 800 shares at $27.51 per share price.On Mar 17, 2016, Kurt Henry Schwarz (Chief Accounting Officer) purchased 300 shares at $23.72 per share price.
Shares of Marcus & Millichap Inc (MMI) ended Thursday, Jun 9, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.18% at $27.22 with 63,093 shares getting traded. Post opening the session at $27.01, the shares hit an intraday low of $26.62 and an intraday high of $27.32 and the price vacillated in this range throughout the day. The company has a market cap of $1,023 M and the number of outstanding shares has been calculated to be 3,75,68,389 shares. The 52-week high of Marcus & Millichap Inc is $53.92 and the 52-week low is $18.77.
Marcus & Millichap Inc. is a brokerage firm specializing in commercial real estate investment sales financing research and advisory services. The Company also offers market research consulting and advisory services to developers lenders owners and investors. It also offers two services to its clients: commercial real estate investment brokerage and financing. The Company divides the commercial real estate market into three segments by investment: Private client segment which include properties with prices under $10 million; Hybrid segment which include properties with prices equal to or over $10 million and less than $20 million and Institutional segment which include properties with prices of $20 million and above. As of December 31 2014 the Company had nearly 1500 investment sales and financing professionals in 78 offices in the United States and Canada that provide investment brokerage and financing services to sellers and buyers of commercial real estate.