Duke Realty Corp (DRE) Files Form 4 Insider Selling : Steven R Kennedy Sells 26,649 Shares

Duke Realty Corp (DRE): Steven R Kennedy , EVP, Construction of Duke Realty Corp sold 26,649 shares on Jun 23, 2016. The Insider selling transaction was reported by the company on Jun 24, 2016 to the Securities and Exchange Commission. The shares were sold at $25.41 per share for a total value of $677,151.06 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 9, 2016, Dennis D Oklak (Executive Chairman) sold 75,000 shares at $24.41 per share price.On May 13, 2016, Peter M Iii Scott (director) purchased 2,500 shares at $22.46 per share price.Also, On May 5, 2016, Steven R Kennedy (EVP, Construction) sold 820 shares at $22.14 per share price.On Feb 26, 2016, Jack R Shaw (director) sold 3,943 shares at $20.16 per share price.

Shares of Duke Realty Corp (DRE) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -0.05 points or -0.20% at $25.39 with 40,88,329 shares getting traded. Post opening the session at $24.97, the shares hit an intraday low of $24.736 and an intraday high of $25.55 and the price vacillated in this range throughout the day. The company has a market cap of $8,784 M and the number of outstanding shares has been calculated to be 34,59,44,650 shares. The 52-week high of Duke Realty Corp is $25.92 and the 52-week low is $17.6.

Duke Realty Corp Money Flow Index Chart

Duke Realty Corporation is a self-administered and self-managed real estate investment trust (REIT). The Company operates in four segments: industrial office medical office real estate investments and service operations. Service operations consists of various real estate services such as property management asset management maintenance leasing development general contractor and construction management to third-party property owners and joint ventures. The Company conducts its Service Operations through Duke Realty Services LLC Duke Realty Services Limited Partnership and Duke Construction Limited Partnership (DCLP). As of December 31 2014 the Company’s portfolio included owned or jointly controlled 729 industrial offices medical office and other properties of which 706 properties with approximately 146.9 million square feet were in service. The Company owns interest in 500 bulk distribution industrial properties which are primarily warehouse facilities.

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