Rouse Properties, Inc. (RSE) Files Form 4 Insider Selling : Property Partners L Brookfield Sells 1.9387624E7 Shares

Rouse Properties, Inc. (RSE): Property Partners L Brookfield , 10% owner of Rouse Properties, Inc. sold 1.9387624E7 shares on Jul 5, 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 $18.25 per share for a total value of $35382416 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 8, 2016, Andrew Silberfein (PRESIDENT & CEO) sold 5,557 shares at $18.25 per share price.On Nov 25, 2015, David Kruth (director) purchased 500 shares at $16.00 per share price.Also, On Mar 27, 2015, Benjamin Schall (Chief Operating Officer) sold 8,871 shares at $19.32 per share price.On Mar 16, 2015, Brian Harper (EXECUTIVE V.P., LEASING) sold 765 shares at $18.44 per share price.

Shares of Rouse Properties Inc (RSE) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.05% at $18.27 with 13,20,611 shares getting traded. Post opening the session at $18.26, the shares hit an intraday low of $18.24 and an intraday high of $18.27 and the price vacillated in this range throughout the day. The company has a market cap of $1,058 M and the number of outstanding shares has been calculated to be 5,78,82,048 shares. The 52-week high of Rouse Properties Inc is $18.73 and the 52-week low is $12.79.

Rouse Properties Inc Money Flow Index Chart

Rouse Properties Inc. is a real estate investment trust (REIT). The Company’s principal focus is to own and manage regional malls in protected markets or submarkets in the United States. As of December 31 2014 the Company’s portfolio consisted of 36 regional malls in 23 states totaling over 25.5 million square feet of retail space. The company’s malls are anchored by operators across the retail spectrum including department stores such as Macy’s Dillard’s Belk jcpenney Sears and Target; mall shop tenants like Victoria’s Secret Bath & Body Works H&M Forever 21 francesca’s Chico’s The Children’s Place Gap/Old Navy Foot Locker Maurices Justice and Ulta and restaurants ranging from food court like Chick-fil-A Sarku Japan and Panda Express to fast-casual chains like Chipotle Panera Bread and Starbucks and sit down restaurants such as BJ’s Restaurant Olive Garden Red Lobster and Buffalo Wild Wings.

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