Retail Traffic

Are Heavy Sales a Sell Signal?

A pattern has emerged in the REIT universe: Insiders are selling big and rarely buying. In the first quarter, REIT insiders sold $169 million worth of stock while buying just $1.1 million. That followed a fourth quarter in 2004 during which insiders sold $271 million vs. purchases of $33 million, according to data compiled by Lehman Brothers REIT analyst David Harris.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish