Reis Inc (REIS) Insider Jonathan Garfield Sells 5,801 Shares
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.
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.
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.
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