Reis Inc (NASDAQ:REIS) insider Jonathan Garfield sold 5,801 shares of the stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $17.63, for a total value of $102,271.63. Following the sale, the insider now directly owns 883,620 shares in the company, valued at $15,578,220.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Jonathan Garfield also recently made the following trade(s):

  • On Monday, February 12th, Jonathan Garfield sold 200 shares of Reis stock. The stock was sold at an average price of $18.38, for a total value of $3,676.00.
  • On Wednesday, February 7th, Jonathan Garfield sold 3,726 shares of Reis stock. The stock was sold at an average price of $18.85, for a total value of $70,235.10.

Reis Inc (REIS) traded down $0.90 during trading hours on Wednesday, hitting $16.80. The stock had a trading volume of 39,043 shares, compared to its average volume of 12,724. Reis Inc has a 52-week low of $15.95 and a 52-week high of $23.00. The firm has a market cap of $204.13, a PE ratio of 168.00 and a beta of 1.11.

Large investors have recently bought and sold shares of the company. Northern Trust Corp grew its position in shares of Reis by 9.5% during the 2nd quarter. Northern Trust Corp now owns 134,745 shares of the business services provider’s stock valued at $2,863,000 after acquiring an additional 11,724 shares during the period. Wasatch Advisors Inc. grew its position in shares of Reis by 5.9% during the 2nd quarter. Wasatch Advisors Inc. now owns 301,325 shares of the business services provider’s stock valued at $6,403,000 after acquiring an additional 16,745 shares during the period. Vanguard Group Inc. grew its position in shares of Reis by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 369,691 shares of the business services provider’s stock valued at $7,856,000 after acquiring an additional 10,048 shares during the period. Teachers Advisors LLC grew its position in shares of Reis by 17.8% during the 2nd quarter. Teachers Advisors LLC now owns 15,209 shares of the business services provider’s stock valued at $323,000 after acquiring an additional 2,300 shares during the period. Finally, Advisors Asset Management Inc. grew its position in shares of Reis by 10.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 33,101 shares of the business services provider’s stock valued at $596,000 after acquiring an additional 3,146 shares during the period. Hedge funds and other institutional investors own 58.97% of the company’s stock.

A number of equities research analysts have recently commented on the company. ValuEngine cut Reis from a “hold” rating to a “sell” rating in a research report on Tuesday. Zacks Investment Research cut Reis from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Finally, B. Riley restated a “buy” rating and set a $26.00 target price on shares of Reis in a research report on Wednesday, November 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $23.33.

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Reis Company Profile

Reis, Inc (Reis) is engaged in providing commercial real estate market information and analytical tools to real estate professionals, through its Reis Services subsidiary. The Company operates through Reis Services segment. It maintains a database containing detailed information on commercial properties in metropolitan markets and neighborhoods throughout the United States.

Insider Buying and Selling by Quarter for Reis (NASDAQ:REIS)

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