A Director at Equity Lifestyle (ELS) is Selling Shares


Today, a Director at Equity Lifestyle (NYSE: ELS), David Contis, sold shares of ELS for $300.5K.

Following David Contis’ last ELS Sell transaction on June 24, 2015, the stock climbed by 43.0%. This is Contis’ first transaction since reporting a Sell transaction on SPG back in March 2016

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Based on Equity Lifestyle’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $246 million and quarterly net profit of $60.22 million. In comparison, last year the company earned revenue of $232 million and had a net profit of $59.19 million. ELS’s market cap is $8.22B and the company has a P/E ratio of 42.08. Currently, Equity Lifestyle has an average volume of 419.6K.

The insider sentiment on Equity Lifestyle has been neutral according to 59 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

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Equity LifeStyle Properties, Inc. is a real estate investment trust. It engages in the management of portfolio of resort communities and lifestyle oriented properties. It operates through the Property Operations and Home Sales and Rentals Operations segments. The Property Operations segment owns and operates land lease properties.

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