Prologis, Inc. (PLD): Lori A Palazzolo , Chief Accounting Officer/MD of Prologis, Inc. sold 4,400 shares on May 3, 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 $45.76 per share for a total value of $201,344.00 , 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 4, 2016, Michael S Curless (Chief Investment Officer) sold 18,500 shares at $45.98 per share price.On Apr 27, 2016, Thomas S Olinger (Chief Financial Officer) sold 16,000 shares at $45.81 per share price.Also, On Mar 23, 2016, Eugene F Reilly (CEO, The Americas) sold 25,000 shares at $42.62 per share price.On Oct 26, 2015, Gary E Anderson (CEO, Europe and Asia) sold 11,500 shares at $43.00 per share price.
Prologis Inc: On Wednesday, May 4, 2016 heightened volatility was witnessed in Prologis Inc which led to swings in the share price. The shares opened for trading at $45.22 and hit $45.98 on the upside , eventually ending the session at $45.88, with a gain of 0.50% or 0.23 points. The heightened volatility saw the trading volume jump to 24,78,999 shares. The 52-week high of the share price is $46.09 and the company has a market cap of $24,077 M . The 52-week low of the share price is at $35.25.
Prologis Inc. is engaged in industrial logistics real estate focused on markets across the Americas Europe and Asia. The Company leases modern distribution facilities to more than 4700 customers including third-party logistics providers transportation companies retailers and manufacturers. The Company’s business consists of two operating segments: Real Estate Operations and Strategic Capital. The Company’s customer base represents a spectrum of international national regional and local distribution users. As of December 31 2014 the Company owned or had investments in on a wholly owned basis or through co-investment ventures properties and development projects expected to total approximately 590 million square feet (55 million square meters) in 21 countries.