A Director at Stratus Properties is Exercising Options


Today it was reported that a Director at Stratus Properties (NASDAQ: STRS), James Leslie, exercised options to buy 2,500 STRS shares at $29.03 a share, for a total transaction value of $72.58K. The options were close to expired and James Leslie retained stocks.

Following this transaction James Leslie’s holding in the company was increased by 5.45% to a total of $1.51 million. Following James Leslie’s last STRS Buy transaction on March 24, 2017, the stock climbed by 3.6%.

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Based on Stratus Properties’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $23.31 million and GAAP net loss of $857K. In comparison, last year the company earned revenue of $21.43 million and had a GAAP net loss of $893K. STRS’s market cap is $247.9M and the company has a P/E ratio of 51.75. Currently, Stratus Properties has an average volume of 6,224.

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Stratus Properties, Inc. engages in the acquisition, development, and management of real estate assets. It operates through the following segments: Hotel; Entertainment; Real Estate Operations; Commercial Leasing; and Eliminations and Other. The Hotel segment manages W Austin Hotel and Residences.

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