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 Jul 6, 2016. The Insider selling transaction was reported by the company on Jul 8, 2016 to the Securities and Exchange Commission. The shares were sold at $24.60 per share for a total value of $24,600.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 3, 2016, William Sander (COO of Reis Services, LLC) sold 1,000 shares at $23.19 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.

Shares of Reis Inc (REIS) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.04% at $24.8 with 23,793 shares getting traded. Post opening the session at $24.65, the shares hit an intraday low of $24.65 and an intraday high of $25.1 and the price vacillated in this range throughout the day. The company has a market cap of $281 M and the number of outstanding shares has been calculated to be 1,13,16,326 shares. The 52-week high of Reis Inc is $26.59 and the 52-week low is $20.06.

Reis Inc Money Flow Index Chart

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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