Essex Property Trust Inc (NYSE:ESS) experienced an insider sell on February 28, 2024, according to a recent SEC filing. Director LYONS IRVING F III sold 2,083 shares of the company. This transaction has been documented in the SEC filing accessible through the following link: SEC Filing.Essex Property Trust Inc is a real estate investment trust (REIT) that primarily invests in, develops, redevelops, and manages multifamily residential properties on the West Coast of the United States.Over the past year, the insider LYONS IRVING F III has engaged in the sale of 2,083 shares in total and has not made any purchase of shares in the company.The insider transaction history for Essex Property Trust Inc shows a pattern of behavior over the past year, with 0 insider buys and 1 insider sell.
On the valuation front, shares of Essex Property Trust Inc were trading at $230.9 on the day of the insider’s recent transaction. The company has a market capitalization of $15.047 billion.The price-earnings ratio of Essex Property Trust Inc stands at 37.14, which is above the industry median of 16.765 but below the company’s historical median price-earnings ratio.According to the GF Value, with a price of $230.9 and a GuruFocus Value of $302.74, Essex Property Trust Inc has a price-to-GF-Value ratio of 0.76, indicating that the stock is Modestly Undervalued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company’s past performance, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
Bryan Donohoe, CEO of Ares Commercial Real Estate Corp (NYSE:ACRE), executed a sale of 18,868 shares in the company on January 30, 2024, according to a recent SEC Filing. This transaction has been part of a series of sales by the insider over the past year, with a cumulative total of 18,868 shares sold and no shares purchased.
Ares Commercial Real Estate Corporation is a specialty finance company primarily engaged in originating and investing in commercial real estate loans and related investments. The company provides a range of financing solutions for the real estate industry, including senior mortgage loans, subordinated debt, preferred equity, and other forms of real estate financing.
The insider transaction history at Ares Commercial Real Estate Corp indicates a trend of 0 insider buys and 2 insider sells over the past year.
On the date of the insider’s recent transaction, shares of Ares Commercial Real Estate Corp were trading at $10.32, resulting in a market capitalization of $518.667 million.
The stock’s price-earnings ratio stands at 159.67, which is above both the industry median of 18.07 and the companys historical median price-earnings ratio.
Ares Commercial Real Estate Corp’s stock, with a price of $10.32 and a GuruFocus Value of $9.63, has a price-to-GF-Value ratio of 1.07, indicating that the stock is Fairly Valued according to the GF Value metric.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
Stuart Rothstein, the President & CEO of Apollo Commercial Real Estate Finance Inc (NYSE:ARI), sold 40,000 shares of the company on January 16, 2024, according to a recent SEC filing. The transaction was executed at an average price, resulting in a total value of the sold shares.
Apollo Commercial Real Estate Finance Inc is a real estate investment trust that primarily originates, acquires, invests in, and manages performing commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities, and other commercial real estate-related debt investments.
Over the past year, the insider has sold a total of 120,000 shares and has not made any purchases of the company’s stock. The recent sale by the insider is part of a series of transactions over the same period, which includes 5 insider sells and only 1 insider buy.
On the day of the sale, shares of Apollo Commercial Real Estate Finance Inc were trading at $11.45, giving the company a market capitalization of $1.634 billion.
The stock’s price-to-GF-Value ratio stands at 0.65, indicating that Apollo Commercial Real Estate Finance Inc is significantly undervalued based on its GF Value of $17.56. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which takes into account historical trading multiples, a GuruFocus adjustment factor based on the company’s past returns and growth, and future business performance estimates from Morningstar analysts.
The insider transaction trend for Apollo Commercial Real Estate Finance Inc suggests a cautious approach from insiders, with more selling than buying occurring over the past year.
Investors often monitor insider transactions as they can provide insights into the company’s performance and insiders’ view of the stock’s valuation. The recent sell by the insider, along with the current valuation metrics, may be of interest to shareholders and potential investors.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.