Stratus Properties Inc (STRS) Files Form 4 Insider Selling : Carl E Berg Sells 45,000 Shares

Stratus Properties Inc (STRS): Carl E Berg , 10% owner other of Stratus Properties Inc sold 45,000 shares on May 5, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $18.00 per share for a total value of $810,000.00 , the company said in a SEC Form 4 Filing.

Stratus Properties Inc: On Friday, May 6, 2016 heightened volatility was witnessed in Stratus Properties Inc which led to swings in the share price. The shares opened for trading at $23.74 and hit $24 on the upside , eventually ending the session at $24, with a gain of 0.42% or 0.1 points. The heightened volatility saw the trading volume jump to 11,580 shares. The 52-week high of the share price is $25.05 and the company has a market cap of $194 M . The 52-week low of the share price is at $13.2.

Stratus Properties Inc Money Flow Index Chart

Stratus Properties Inc. (Stratus) is a diversified real estate company. The Company is engaged primarily in the development management operation or sale of commercial hotel entertainment and multi- and single-family residential real estate properties. It operates in four segments: The Real Estate Operations consists of Stratus’ real estate assets which consists of its properties in Austin Lakeway and Magnolia located in the greater Houston area; The Hotel includes the W Austin Hotel located at the W Austin Hotel & Residences project; The Entertainment includes ACL Live a live music and entertainment venue and production studio at the W Austin Hotel & Residences project and The Commercial Leasing includes the office and retail space at the W Austin Hotel & Residences project. Its properties include Barton Creek that has Calera Amarra Drive Mirador Estate Barton Creek Village; Circle C Community; Lantana; The W Austin Hotel & Residences and The Oaks at Lakeway and Magnolia.

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