Today, a Director at Preferred Apartment Communities (NYSE: APTS), Timothy Alan Peterson, sold shares of APTS for $99.61K.
In addition to Timothy Alan Peterson, one other APTS executive reported Sell trades in the last month.
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Based on Preferred Apartment Communities’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $95.23 million and GAAP net loss of $5.14 million. In comparison, last year the company earned revenue of $70.13 million and had a net profit of $3.2 million. Currently, Preferred Apartment Communities has an average volume of 50.26K.
The insider sentiment on Preferred Apartment Communities has been negative according to 19 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Preferred Apartment Communities, Inc. engages in the acquisition and operation of multifamily properties in select targeted markets throughout the United States. It operates through the following segments: Multifamily Communities, Financing, New Market Properties, and Office Buildings.
