Stag Industrial, Inc. (STAG): David G King , EVP and Director-Real Estate of Stag Industrial, Inc. sold 9,550 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were sold at $22.70 per share for a total value of $216,806.97 , 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 18, 2016, Francis X Iii Jacoby (director) sold 2,000 shares at $26.25 per share price.On Dec 16, 2015, Benjamin S Butcher (CEO) purchased 10,000 shares at $18.68 per share price.Also, On Oct 8, 2015, Stephen C Mecke (COO and EVP) sold 2,000 shares at $19.00 per share price.On Sep 22, 2015, Larry T Guillemette (director) purchased 7,500 shares at $18.06 per share price.
Stag Industrial Inc (STAG) witnessed a volatile trading activity on Friday Jun 10, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $22.53 and reached the intraday high at $22.89. The bulls started the profit booking and pushed the shares to intraday low of $22.53. The trading session was marked by a volume range of 3,49,220 shares exchanging hands. The 52-week high of the shares is $22.89 and the 52-week low is $14.97. The market cap of the company stands at $1,549 M and there are 6,81,86,375 shares in public circulation.
STAG Industrial Inc. is focused on the acquisition and operation of single-tenant industrial properties throughout the United States. As of December 31 2014 The Company owned 248 buildings in 36 states with approximately 47.0 million rentable square feet consisting of 178 warehouse/distribution buildings 50 light manufacturing buildings and 20 flex/office buildings. The Company owns two developable vacant land parcels adjacent to two of its buildings. As of December 31 2014 its buildings were 94.9% leased to 227 tenants with no single tenant accounting for more than 2.3% of its total annualized rent and no single industry accounting for more than 12.1% of its total annualized rent.