The CIO of Hudson Pacific Properties (HPP) is Selling Shares


Today, the CIO of Hudson Pacific Properties (HPP), Alex Vouvalides, sold shares of HPP for $1.51M.

Following Alex Vouvalides’ last HPP Sell transaction on June 14, 2017, the stock climbed by 0.7%.

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Based on Hudson Pacific Properties’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $200 million and GAAP net loss of $39.24 million. In comparison, last year the company earned revenue of $170 million and had a net profit of $48.74 million. HPP’s market cap is $5.31B and the company has a P/E ratio of 554.68. Currently, Hudson Pacific Properties has an average volume of 571.2K.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $39.00, reflecting a 13.2% upside.

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Hudson Pacific Properties, Inc. is areal estate company. It owns, operates, develops and acquires office, media, and entertainment properties. The company operates through two segments: Office Properties and Media & Entertainment Properties. The Office Properties segment manages office properties located in California and Pacific Northwest.

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