Insider Selling: Jay Sugarman Sells 80,246 Shares of iStar Financial Stock (SFI)
iStar Financial (NYSE:SFI) CEO Jay Sugarman sold 80,246 shares of the stock on the open market in a transaction dated Friday, October 4th. The stock was sold at an average price of $12.13, for a total transaction of $973,383.98. Following the completion of the sale, the chief executive officer now directly owns 1,671,534 shares of the company’s stock, valued at approximately $20,275,707. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
iStar Financial (NYSE:SFI) traded up 0.83% on Friday, hitting $12.17. 293,957 shares of the company’s stock traded hands. iStar Financial has a one year low of $7.12 and a one year high of $12.55. The stock’s 50-day moving average is $11.61 and its 200-day moving average is $11.47. The company’s market cap is $1.039 billion.
iStar Financial (NYSE:SFI) last released its earnings data on Thursday, July 25th. The company reported ($0.31) earnings per share for the quarter.
iStar Financial Inc is a is a fully integrated finance and investment company focused on the commercial real estate industry.
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