William Sander Sells 2,926 Shares of Reis Inc (REIS) Stock

Reis Inc (NASDAQ:REIS) COO William Sander sold 2,926 shares of the stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $17.74, for a total transaction of $51,907.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

William Sander also recently made the following trade(s):

  • On Wednesday, February 7th, William Sander sold 2,264 shares of Reis stock. The stock was sold at an average price of $18.86, for a total transaction of $42,699.04.
  • On Tuesday, January 2nd, William Sander sold 5,000 shares of Reis stock. The stock was sold at an average price of $20.26, for a total transaction of $101,300.00.

Shares of Reis Inc (NASDAQ:REIS) traded down $0.90 during trading on Wednesday, hitting $16.80. 39,043 shares of the company traded hands, compared to its average volume of 11,888. The stock has a market cap of $193.41, a price-to-earnings ratio of 168.00 and a beta of 1.11. Reis Inc has a 52-week low of $15.95 and a 52-week high of $23.00.

Several research analysts have issued reports on REIS shares. B. Riley set a $26.00 target price on shares of Reis and gave the stock a “buy” rating in a report on Monday, October 30th. Zacks Investment Research cut shares of Reis from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 10th. Finally, ValuEngine cut shares of Reis from a “hold” rating to a “sell” rating in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $23.33.

Several institutional investors have recently made changes to their positions in REIS. Wasatch Advisors Inc. raised its position in shares of Reis by 5.9% in the 2nd quarter. Wasatch Advisors Inc. now owns 301,325 shares of the business services provider’s stock valued at $6,403,000 after purchasing an additional 16,745 shares during the last quarter. Deutsche Bank AG raised its position in shares of Reis by 147.5% in the 4th quarter. Deutsche Bank AG now owns 20,034 shares of the business services provider’s stock valued at $413,000 after purchasing an additional 11,941 shares during the last quarter. Ranger Investment Management L.P. raised its position in shares of Reis by 9.6% in the 4th quarter. Ranger Investment Management L.P. now owns 135,000 shares of the business services provider’s stock valued at $2,788,000 after purchasing an additional 11,869 shares during the last quarter. Northern Trust Corp raised its position in shares of Reis by 9.5% in the 2nd quarter. Northern Trust Corp now owns 134,745 shares of the business services provider’s stock valued at $2,863,000 after purchasing an additional 11,724 shares during the last quarter. Finally, State Street Corp raised its position in shares of Reis by 8.6% in the 2nd quarter. State Street Corp now owns 130,971 shares of the business services provider’s stock valued at $2,784,000 after purchasing an additional 10,393 shares during the last quarter. 58.97% of the stock is owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY NOTICE: “William Sander Sells 2,926 Shares of Reis Inc (REIS) Stock” was first published by American Banking News and is the property of of American Banking News. If you are viewing this article on another site, it was illegally stolen and reposted in violation of US & international copyright laws. The legal version of this article can be viewed at https://www.americanbankingnews.com/2018/02/14/william-sander-sells-2926-shares-of-reis-inc-reis-stock.html.

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)

Receive News & Ratings for Reis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reis and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply