The COO of Retail Opportunity Investments (ROIC) is Buying Shares


Today, the COO of Retail Opportunity Investments (NASDAQ: ROIC), Richard Schoebel, bought shares of ROIC for $145.6K.

This recent transaction increases Richard Schoebel’s holding in the company by 5.98% to a total of $4.79 million.

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ROIC’s market cap is $2.17B and the company has a P/E ratio of 58.45. Currently, Retail Opportunity Investments has an average volume of 1.07M.

Eight different firms, including BMO Capital and BTIG, currently also have a Buy rating on the stock. Based on 3 analyst ratings, the analyst consensus is Hold with an average price target of $19.33, reflecting a -0.9% downside.

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Retail Opportunity Investments Corp. operates as a self-managed real estate investment trust. The company engages in the ownership, management, and redevelopment of retail real estate properties.

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