This recent transaction increases Michael Demarco’s holding in the company by 524.5% to a total of $1.62 million.
CLI’s market cap is $1.79B and the company has a P/E ratio of 50.03. Currently, Mack-Cali Realty Corp has an average volume of 866.9K.
Five different firms, including BTIG and Evercore ISI, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $1.36M worth of CLI shares and purchased $1.37M worth of CLI shares.
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Mack-Cali Realty Corp. is a real estate investment trust, which owns and operates a real estate portfolio comprised predominantly of Class A office and office flex properties located primarily in the Northeast. It operates through the following segments: Commercial and Other Real Estate; Multi-Family Real Estate and Services; and Corporate and Other.