Insider Selling: Benjamin S. Butcher Sells 593 Shares of STAG Industrial Stock (STAG)
STAG Industrial (NASDAQ:STAG) CEO Benjamin S. Butcher sold 593 shares of STAG Industrial stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $23.70, for a total value of $14,054.10. Following the completion of the transaction, the chief executive officer now directly owns 94,477 shares in the company, valued at approximately $2,239,105. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
STAG Industrial (NASDAQ:STAG) traded up 1.05% during mid-day trading on Wednesday, hitting $24.13. The stock had a trading volume of 145,667 shares. STAG Industrial has a one year low of $18.76 and a one year high of $25.19. The stock has a 50-day moving average of $24.04 and a 200-day moving average of $23.16. The company’s market cap is $1.297 billion.
STAG Industrial (NASDAQ:STAG) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.01. During the same quarter in the previous year, the company posted $0.33 earnings per share. On average, analysts predict that STAG Industrial will post $1.49 earnings per share for the current fiscal year.
STAG Industrial, Inc is an integrated, full-service real estate company focused on the acquisition, ownership and management of single-tenant industrial properties throughout the United States.
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