Reis, Inc. (REIS) Files Form 4 Insider Selling : William Sander Sells 1,000 Shares

Reis, Inc. (REIS): William Sander , COO of Reis Services, LLC of Reis, Inc. sold 1,000 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jun 3, 2016 to the Securities and Exchange Commission. The shares were sold at $23.19 per share for a total value of $23,190.00 , 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 5, 2016, William Sander (COO of Reis Services, LLC) sold 1,000 shares at $24.46 per share price.On Feb 23, 2016, Lloyd Lynford (President & CEO) sold 3,043 shares at $22.00 per share price.Also, On Feb 23, 2016, Jonathan Garfield (Executive Vice President) sold 2,757 shares at $22.00 per share price.On Feb 24, 2015, Mark P Cantaluppi (VP & CFO) sold 669 shares at $23.75 per share price.

Reis Inc (REIS) witnessed a volatile trading activity on Friday Jun 3, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $23.49 and reached the intraday high at $23.62. The bulls started the profit booking and pushed the shares to intraday low of $23.32. The trading session was marked by a volume range of 21,412 shares exchanging hands. The 52-week high of the shares is $26.59 and the 52-week low is $19.911. The market cap of the company stands at $267 M and there are 1,13,16,326 shares in public circulation.

Reis Inc Money Flow Index Chart

On May 17, 2016, Reis Inc announced a cash dividend of $0.1700. The company’s management has announced Jun 6, 2016 as the ex-dividend date and fixed the record date on Jun 8, 2016. The payable date has been fixed on Jun 15, 2016.

Reis Inc. (Reis) is engaged in providing commercial real estate market information and analytical tools to real estate professionals through its Reis Services subsidiary. Reis maintains a database containing detailed information on commercial properties in metropolitan markets and neighborhoods throughout the United States. The database contains information on apartment office retail warehouse/distribution flex/research and development self-storage and seniors housing properties and is used by real estate investors lenders and other professionals to make informed buying selling and financing decisions. The Company’s product portfolio includes Reis Subscriber Edition (SE) its flagship delivery platform aimed at larger and mid-sized enterprises; ReisReports aimed at prosumers and smaller enterprises and Mobiuss Portfolio CRE (Mobiuss) aimed primarily at risk managers and credit administrators at banks and non-bank lending institutions.

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