Franklin Street Properties Corp /ma/ (FSP) Files Form 4 Insider Buying : Eriel Anchondo Buys 2,100 Shares

Franklin Street Properties Corp /ma/ (FSP): Eriel Anchondo , SVP/Operations of Franklin Street Properties Corp /ma/ purchased 2,100 shares on Apr 29, 2016. The Insider buying transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were purchased at $10.64 per share for a total value of $22,346.52 , 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 29, 2016, Kenneth A Hoxsie (director) purchased 10,000 shares at $10.57 per share price.On Mar 8, 2016, John G Demeritt (CFO) purchased 1,000 shares at $9.95 per share price.Also, On Mar 3, 2016, Kathryn P O’neil (director) purchased 10,000 shares at $9.23 per share price.On Feb 19, 2016, John N Burke (director) purchased 2,245 shares at $9.23 per share price.

Shares of Franklin Street Properties Corp. (FSP) ended Wednesday, Apr 27, 2016 session in red amid volatile trading. The shares closed down -0.45 points or -4.01% at $10.76 with 4,21,493 shares getting traded. Post opening the session at $11.46, the shares hit an intraday low of $10.5 and an intraday high of $11.46 and the price vacillated in this range throughout the day. The company has a market cap of $1,078 M and the number of outstanding shares has been calculated to be 10,01,87,405 shares. The 52-week high of Franklin Street Properties Corp. is $12.61 and the 52-week low is $8.67.

Franklin Street Properties Corp. Money Flow Index Chart

Franklin Street Properties Corp. (FSP Corp.) is a Real Estates Investment Trusts (REIT). The Company is focused on commercial real estate investments primarily in office markets and operates through real estate operations. The Company’s real estate operations include real estate rental operations leasing secured financing of real estate and services provided for asset management property management property acquisitions dispositions and development. It owns and operates a portfolio of real estate consisting of 38 properties managed 10 Sponsored REITs and held five promissory notes secured by mortgages on real estate owned by Sponsored REITs. FSP Corp. holds directly and indirectly 100% of the interest in FSP Investments LLC FSP Property Management LLC FSP Holdings LLC and FSP Protective TRS Corp. It provides asset management property management property accounting development services to its portfolio and certain of its Sponsored REITs through its subsidiaries.

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