Digital Realty Trust, Inc. (DLR): A William Stein , Chief Executive Officer of Digital Realty Trust, Inc. sold 16,017 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $89.32 per share for a total value of $1,430,638.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 16, 2016, Laurence A Chapman (director) sold 10,000 shares at $86.00 per share price.On Mar 16, 2016, Bernard Geoghegan (Managing Director, EMEA & APAC) sold 6,565 shares at $86.53 per share price.Also, On Mar 7, 2016, Kathleen Earley (director) purchased 1,000 shares at $25.00 per share price.On Mar 10, 2015, James M. Smith (Chief Technology Officer) sold 5,529 shares at $64.60 per share price.
Digital Realty Trust: On Wednesday, May 4, 2016 heightened volatility was witnessed in Digital Realty Trust which led to swings in the share price. The shares opened for trading at $88.84 and hit $91.58 on the upside , eventually ending the session at $91.44, with a gain of 2.36% or 2.11 points. The heightened volatility saw the trading volume jump to 9,16,750 shares. The 52-week high of the share price is $91.835 and the company has a market cap of $13,423 M . The 52-week low of the share price is at $60.66.
Company has been under the radar of several Street Analysts.Digital Realty Trust is Reiterated by Canaccord Genuity to Buy and the brokerage firm has raised the Price Target to $ 102 from a previous price target of $79 .The Rating was issued on Apr 29, 2016.Digital Realty Trust is Downgraded by Stifel to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 21, 2016.Digital Realty Trust is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 87 from a previous price target of $84 .The Rating was issued on Feb 29, 2016.
Digital Realty Trust Inc. is a real estate investment trust (REIT) that owns acquires develops and manages technology-related real estate. The Companys services include implementation services remote hands services data center infrastructure management (DCIM) client services and digital realty partner network. The Company is a sole general partner of Digital Realty Trust L.P. As of December 31 2014 Digital Realty Trust Inc. owned 97.8% common general partnership interest in Digital Realty Trust L.P. The remaining 2.2% common limited partnership interests are owned by non-affiliated investors and certain directors and officers of Digital Realty Trust Inc. The Company focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users including the information technology (IT) departments of Fortune 100 and financial services companies.