Reis, Inc. (REIS) Files Form 4 Insider Selling : William Sander Sells 1,000 Shares

Reis, Inc. (REIS): William Sander , COO of Reis Services, LLC of Reis, Inc. sold 1,000 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 $24.46 per share for a total value of $24,460.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 6, 2016, William Sander (COO of Reis Services, LLC) sold 1,000 shares at $23.30 per share price.On Feb 23, 2016, Lloyd Lynford (President & CEO) sold 3,043 shares at $22.00 per share price.Also, On Feb 23, 2016, Jonathan Garfield (Executive Vice President) sold 2,757 shares at $22.00 per share price.On Feb 24, 2015, Mark P Cantaluppi (VP & CFO) sold 669 shares at $23.75 per share price.

Reis Inc: On Wednesday, May 4, 2016 heightened volatility was witnessed in Reis Inc which led to swings in the share price. The shares opened for trading at $24.46 and hit $25.81 on the upside , eventually ending the session at $25.06, with a gain of 1.21% or 0.3 points. The heightened volatility saw the trading volume jump to 29,894 shares. The 52-week high of the share price is $26 and the company has a market cap of $283 M . The 52-week low of the share price is at $19.911.

Reis Inc Money Flow Index Chart

Reis Inc. (Reis) is engaged in providing commercial real estate market information and analytical tools to real estate professionals through its Reis Services subsidiary. Reis maintains a database containing detailed information on commercial properties in metropolitan markets and neighborhoods throughout the United States. The database contains information on apartment office retail warehouse/distribution flex/research and development self-storage and seniors housing properties and is used by real estate investors lenders and other professionals to make informed buying selling and financing decisions. The Company’s product portfolio includes Reis Subscriber Edition (SE) its flagship delivery platform aimed at larger and mid-sized enterprises; ReisReports aimed at prosumers and smaller enterprises and Mobiuss Portfolio CRE (Mobiuss) aimed primarily at risk managers and credit administrators at banks and non-bank lending institutions.

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