The CFO of SL Green Realty (SLG) is Selling Shares

Today, the CFO of SL Green Realty (SLG), Matthew Diliberto, sold shares of SLG for $191K.

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Based on SL Green Realty’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $481 million and GAAP net loss of $54.68 million. In comparison, last year the company earned revenue of $361 million and had a net profit of $34.57 million. SLG’s market cap is $7.66B and the company has a P/E ratio of 35.06. Currently, SL Green Realty has an average volume of 877.5K.

Based on 11 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $97.39, reflecting a 7.8% upside.

The insider sentiment on SL Green Realty has been negative according to 15 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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SL Green Realty Corp. operates as a real estate investment trust. The firm engages in the acquisition, development, ownership, management and operation of commercial and residential real estate properties. It operates through the Real Estate, and Debt and Preferred Equity Investments business segments.

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