Alexanders Inc (ALX) Files Form 4 Insider Buying : Russell B Jr Wight Buys 15 Shares

Alexanders Inc (ALX): Russell B Jr Wight , director 10% owner of Alexanders Inc purchased 15 shares on Jun 27, 2016. The Insider buying transaction was reported by the company on Jun 29, 2016 to the Securities and Exchange Commission. The shares were purchased at $363.00 per share for a total value of $5,445.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 25, 2015, Russell B Jr Wight (director 10% owner) purchased 400 shares at $363.00 per share price.

Alexander's: On Monday, Jun 27, 2016 heightened volatility was witnessed in Alexander's which led to swings in the share price. The shares opened for trading at $367.1 and hit $375.4659 on the upside , eventually ending the session at $371.72, with a gain of 1.13% or 4.17 points. The heightened volatility saw the trading volume jump to 7,424 shares. The 52-week high of the share price is $434.5 and the company has a market cap of $1,898 M . The 52-week low of the share price is at $350.03.

Alexander's Money Flow Index Chart

Alexander’s Inc. (Alexander’s) is a real estate investment trust (REIT). The Company is engaged in leasing managing developing and redeveloping its properties. The Company is managed by and its properties are leased and developed by Vornado Realty Trust (Vornado). The Company operates six properties in the greater New York City metropolitan area. Its properties include 731 Lexington Avenue Rego Park I Rego Park II Paramus and Flushing. The Company’s other properties include Rego Park II Apartment Tower which is above the Company’s Rego II shopping center containing around 312 units aggregating around 255000 square feet and Rego Park III which is an approximately 3.2 acre land parcel adjacent to the Rego Park II shopping center in Queens at the intersection of Junction Boulevard and the Horace Harding Service Road.

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