Franklin Street Properties Corp /ma/ (FSP) Files Form 4 Insider Buying : John N Burke Buys 1,385 Shares

Franklin Street Properties Corp /ma/ (FSP): John N Burke , director of Franklin Street Properties Corp /ma/ purchased 1,385 shares on May 25, 2016. The Insider buying transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were purchased at $11.08 per share for a total value of $15,349.96 , 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 2, 2016, Eriel Anchondo (SVP/Operations) purchased 2,100 shares at $10.64 per share price.On Apr 29, 2016, Kenneth A Hoxsie (director) purchased 10,000 shares at $10.57 per share price.Also, On Mar 8, 2016, John G Demeritt (CFO) purchased 1,000 shares at $9.95 per share price.On Mar 3, 2016, Kathryn P O’neil (director) purchased 10,000 shares at $9.23 per share price.

Franklin Street Properties Corp.: On Friday, May 20, 2016 heightened volatility was witnessed in Franklin Street Properties Corp. which led to swings in the share price. The shares opened for trading at $10.65 and hit $10.9 on the upside , eventually ending the session at $10.88, with a gain of 2.16% or 0.23 points. The heightened volatility saw the trading volume jump to 2,75,460 shares. The 52-week high of the share price is $12.04 and the company has a market cap of $1,090 M . The 52-week low of the share price is at $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.

Leave a Reply

Franklin Street Properties Corp. - Is it time to Sell?

Top Brokerage Firms are advising their investors on Franklin Street Properties Corp.. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.