Qts Realty Trust, Inc. (QTS) Files Form 4 Insider Selling : John W Barter Sells 28,568 Shares

Qts Realty Trust, Inc. (QTS): John W Barter , director of Qts Realty Trust, Inc. sold 28,568 shares on Jun 13, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $54.30 per share for a total value of $1,550,992.62 , 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 13, 2016, Jeffrey H. Berson (Chief Investment Officer) sold 6,505 shares at $53.97 per share price.On Jun 13, 2016, Peter Marino (director) sold 10,000 shares at $54.42 per share price.Also, On Jun 13, 2016, Shirley E. Goza (Secretary) sold 18,587 shares at $54.37 per share price.On Jun 13, 2016, John W Barter (director) sold 10,533 shares at $54.52 per share price.

QTS REALTY TRUST INC COM: On Wednesday, Jun 15, 2016 heightened volatility was witnessed in QTS REALTY TRUST INC COM which led to swings in the share price. The shares opened for trading at $54.59 and hit $55.35 on the upside , eventually ending the session at $55.03, with a gain of 1.48% or 0.8 points. The heightened volatility saw the trading volume jump to 3,42,289 shares. The 52-week high of the share price is $55.16 and the company has a market cap of $2,628 M . The 52-week low of the share price is at $35.82.


Company has been under the radar of several Street Analysts.QTS REALTY TRUST INC COM is Initiated by Canaccord Genuity to Buy and the brokerage firm has set the Price Target at $63. The Rating was issued on Jun 7, 2016.QTS REALTY TRUST INC COM is Initiated by Wells Fargo to Outperform. The Rating was issued on Jun 1, 2016.QTS REALTY TRUST INC COM is Downgraded by Stifel to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 10, 2016.

QTS Realty Trust Inc. (QTS) is an owner developer and operator of carrier-neutral and multi-tenant data centers. The Company’s data centers are facilities that house the network and computer equipment of multiple customers and provide access to a range of communications carriers. The Company has an integrated platform through which it owns and operates its data centers and provides a range of IT infrastructure solutions. Its spectrum of core data center products referred to as 3Cs which consists of Custom Data Center Colocation and Cloud and Managed Services. The Company operates a portfolio of over 12 data centers across approximately eight states. The Company’s data centers facilities used by its customers to house power and cool the networking equipment and computer systems that support their business processes. QTS’s customers include financial institutions healthcare companies Government agencies communications service providers software companies and Internet companies.

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QTS REALTY TRUST INC COM - Is it time to Sell?

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