Reis Inc (REIS) Insider Sells $102,271.63 in Stock

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

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.

Shares of Reis Inc (REIS) traded down $0.90 on Wednesday, reaching $16.80. The company’s stock had a trading volume of 39,043 shares, compared to its average volume of 12,724. The firm has a market cap of $204.13, a P/E ratio of 168.00 and a beta of 1.11. Reis Inc has a 12 month low of $15.95 and a 12 month high of $23.00.

A number of brokerages recently issued reports on REIS. ValuEngine lowered Reis from a “hold” rating to a “sell” rating in a research note on Tuesday. B. Riley reaffirmed a “buy” rating and set a $26.00 price target on shares of Reis in a research report on Wednesday, November 8th. Finally, Zacks Investment Research raised Reis from a “hold” rating to a “strong-buy” rating and set a $21.00 price target on the stock in a research report on Saturday, November 11th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $23.33.

Institutional investors and hedge funds have recently made changes to their positions in the business. Wells Fargo & Company MN grew its position in Reis by 57.7% during the 3rd quarter. Wells Fargo & Company MN now owns 9,862 shares of the business services provider’s stock worth $177,000 after purchasing an additional 3,607 shares during the period. Teachers Advisors LLC grew its position in Reis by 17.8% during the 2nd quarter. Teachers Advisors LLC now owns 15,209 shares of the business services provider’s stock worth $323,000 after purchasing an additional 2,300 shares during the period. Schwab Charles Investment Management Inc. grew its position in Reis by 44.7% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 19,249 shares of the business services provider’s stock worth $398,000 after purchasing an additional 5,949 shares during the period. Deutsche Bank AG grew its position in Reis by 147.5% during the 4th quarter. Deutsche Bank AG now owns 20,034 shares of the business services provider’s stock worth $413,000 after purchasing an additional 11,941 shares during the period. Finally, Advisors Asset Management Inc. grew its position in Reis by 10.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 33,101 shares of the business services provider’s stock worth $596,000 after purchasing an additional 3,146 shares during the period. 58.97% of the stock is currently owned by institutional investors.

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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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