Cim Commercial Trust Corp (CMCT) Files Form 4 Insider Buying : Richard S Ressler Buys 400 Shares

Cim Commercial Trust Corp (CMCT): Richard S Ressler , director 10% owner of Cim Commercial Trust Corp purchased 400 shares on Apr 21, 2016. The Insider buying transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were purchased at $18.83 per share for a total value of $7,533.61 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 20, 2016, Shaul Kuba (director 10% owner) purchased 220 shares at $18.82 per share price.On Apr 20, 2016, Richard S Ressler (director 10% owner) purchased 440 shares at $18.82 per share price.Also, On Apr 20, 2016, Charles E Ii Garner (Chief Executive Officer) purchased 110 shares at $18.82 per share price.On Apr 20, 2016, Kelly Eppich (director) purchased 110 shares at $18.82 per share price.

Shares of CIM Commercial Trust Corp (CMCT) ended Wednesday, Apr 20, 2016 session in red amid volatile trading. The shares closed down -0.14 points or -0.74% at $18.71 with 1,060 shares getting traded. Post opening the session at $18.8, the shares hit an intraday low of $18.71 and an intraday high of $18.86 and the price vacillated in this range throughout the day. The company has a market cap of $1,827 M and the number of outstanding shares has been calculated to be 9,76,66,021 shares. The 52-week high of CIM Commercial Trust Corp is $21.55 and the 52-week low is $14.31.

CIM Commercial Trust Corp Money Flow Index Chart

CIM Commercial Trust Corporation acquires owns and operates office properties in urban communities throughout the United States. The Company operates in four business segments: the acquisition redevelopment ownership and management of office real estate (office segment); multifamily real estate (multifamily segment); hotels (hotel segment) and lending operations (lending segment). The products for the Company’s office segment primarily include rental of office space and other tenant services including tenant reimbursements parking and storage space rental. The products for its multifamily segment include rental of apartments and other tenant services. The products of its hotel segment include operations of hotel properties a garage and an investment in a note receivable secured by a hotel property. The lending segment includes the yield and other related fee income earned on its loans receivable.

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