Today, the CEO of Washington Prime Group Inc (WPG), Louis Conforti, bought shares of WPG for $99.83K.
This recent transaction increases Louis Conforti’s holding in the company by 10.47% to a total of $1.05 million.
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Based on Washington Prime Group Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $180 million and quarterly net profit of $3.97 million. In comparison, last year the company earned revenue of $179 million and had a GAAP net loss of $8.4 million. WPG’s market cap is $1.13B and the company has a P/E ratio of 15.54. Currently, Washington Prime Group Inc has an average volume of 3.8M.
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Washington Prime Group, Inc. is a real estate investment trust, which engages in the ownership, management, acquisition, and development of retail properties. It operates through Retail and Open Air Properties. The company was founded in 2015 and is headquartered in Columbus, OH.
