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Brandywine Realty Trust (NYSE:BDN) CEO Gerard H. Sweeney sold 16,667 shares of the company’s stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $14.50, for a total transaction of $241,671.50. Following the completion of the transaction, the chief executive officer now directly owns 813,689 shares of the company’s stock, valued at approximately $11,798,491. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

BDN has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. upgraded shares of Brandywine Realty Trust from a “neutral” rating to an “overweight” rating in a research note to investors on Thursday, January 16th. They now have a $16.00 price target on the stock, up previously from $15.00. Separately, analysts at Raymond James upgraded shares of Brandywine Realty Trust from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, January 7th. Finally, analysts at ISI Group upgraded shares of Brandywine Realty Trust from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, December 17th. They now have a $14.50 price target on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. Brandywine Realty Trust presently has an average rating of “Hold” and an average price target of $15.42.

Shares of Brandywine Realty Trust (NYSE:BDN) traded down 1.13% on Monday, hitting $14.05. 694,628 shares of the company’s stock traded hands. Brandywine Realty Trust has a 52-week low of $12.23 and a 52-week high of $16.06. The stock has a 50-day moving average of $13.79 and a 200-day moving average of $13.57. The company’s market cap is $2.197 billion.

Brandywine Realty Trust is a self-administered and self-managed REIT, which provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, mixed-use and industrial properties.

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