Today it was reported that a Director at Digital Realty (DLR), Kevin Kennedy, exercised options to sell 400 DLR shares for a total transaction value of $46.9K.
Following Kevin Kennedy’s last DLR Sell transaction on February 12, 2019, the stock climbed by 7.0%. In addition to Kevin Kennedy, one other DLR executive reported Sell trades in the last month.
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Based on Digital Realty’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $815 million and quarterly net profit of $130 million. In comparison, last year the company earned revenue of $737 million and had a net profit of $107 million. DLR’s market cap is $24.49B and the company has a P/E ratio of 88.97. Currently, Digital Realty has an average volume of 1.19M.
Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $126.33, reflecting a 7.4% upside.
The insider sentiment on Digital Realty has been negative according to 17 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Kevin Kennedy’s trades have generated a -12.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Digital Realty Trust, Inc. operates as a real estate investment trust, which provides data center, colocation and interconnection solutions. The company was founded on March 9, 2004 and is headquartered in San Francisco, CA.
