Duke Realty Corp (DRE) Files Form 4 Insider Selling : Steven R Kennedy Sells 820 Shares

Duke Realty Corp (DRE): Steven R Kennedy , EVP, Construction of Duke Realty Corp sold 820 shares on May 4, 2016. The Insider selling transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were sold at $22.14 per share for a total value of $18,154.80 , 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 10, 2016, Steven R Kennedy (EVP, Construction) sold 25,103 shares at $21.25 per share price.On Feb 26, 2016, Jack R Shaw (director) sold 3,943 shares at $20.16 per share price.Also, On Feb 26, 2016, Charles R Eitel (director) sold 3,500 shares at $20.76 per share price.On Dec 31, 2015, Dennis D Oklak (Chairman and CEO) sold 8,656 shares at $21.36 per share price.

Duke Realty Corp: On Wednesday, May 4, 2016 heightened volatility was witnessed in Duke Realty Corp which led to swings in the share price. The shares opened for trading at $22.01 and hit $22.535 on the upside , eventually ending the session at $22.49, with a gain of 1.44% or 0.32 points. The heightened volatility saw the trading volume jump to 20,17,494 shares. The 52-week high of the share price is $22.78 and the company has a market cap of $7,780 M . The 52-week low of the share price is at $17.6.

Duke Realty Corp Money Flow Index Chart

Duke Realty Corporation is a self-administered and self-managed real estate investment trust (REIT). The Company operates in four segments: industrial office medical office real estate investments and service operations. Service operations consists of various real estate services such as property management asset management maintenance leasing development general contractor and construction management to third-party property owners and joint ventures. The Company conducts its Service Operations through Duke Realty Services LLC Duke Realty Services Limited Partnership and Duke Construction Limited Partnership (DCLP). As of December 31 2014 the Company’s portfolio included owned or jointly controlled 729 industrial offices medical office and other properties of which 706 properties with approximately 146.9 million square feet were in service. The Company owns interest in 500 bulk distribution industrial properties which are primarily warehouse facilities.

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