Saul Centers Inc (BFS): Charles W Jr Sherren , Sr. VP- Property Management of Saul Centers Inc sold 4,000 shares on May 27, 2016. The Insider selling transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were sold at $57.00 per share for a total value of $228,000.00 , 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 17, 2016, Christopher Netter (Sr. Vice Pres.-Retail Leasing) sold 7,500 shares at $56.90 per share price.On May 17, 2016, John F Collich (Sr. VP-Acquisitions & Dev.) sold 2,839 shares at $56.53 per share price.Also, On May 16, 2016, Scott V Schneider (Sr. Vice President-CFO) sold 5,000 shares at $57.55 per share price.On May 11, 2016, Steven N. Corey (Senior VP – Office Leasing) sold 21,250 shares at $56.59 per share price.
Saul Centers Inc: On Friday, May 27, 2016 heightened volatility was witnessed in Saul Centers Inc which led to swings in the share price. The shares opened for trading at $56.95 and hit $57.42 on the upside , eventually ending the session at $57.01, with a gain of 0.83% or 0.47 points. The heightened volatility saw the trading volume jump to 20,068 shares. The 52-week high of the share price is $59.34 and the company has a market cap of $1,203 M . The 52-week low of the share price is at $46.46.
Saul Centers Inc. (Saul Centers) operates as a real estate investment trust (REIT). The Company’s principal business activity is the ownership management and development of income-producing properties. The Company operates in two segments: Shopping Centers and Mixed-Use Properties. The Company conducts its business through Saul Holdings Limited Partnership (the Operating Partnership) and/or directly or indirectly owned subsidiaries. The Company which conducts all of its activities through its subsidiaries the Operating Partnership and Subsidiary Partnerships engages in the ownership operation management leasing acquisition renovation expansion development and financing of community and neighborhood shopping centers and mixed-used properties located in the Washington DC/Baltimore Maryland metropolitan area.