The Managing Director of Regency Centers (REG) is Selling Shares


Today, the Managing Director of Regency Centers (REG), James D. Thompson, sold shares of REG for $927.6K.

In addition to James D. Thompson, 8 other REG executives reported Sell trades in the last month.

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Based on Regency Centers’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $281 million and quarterly net profit of $78.91 million. In comparison, last year the company earned revenue of $262 million and had a net profit of $62.62 million. REG’s market cap is $11.07B and the company has a P/E ratio of 45.93. Currently, Regency Centers has an average volume of 602.6K.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $68.83, reflecting a 4.1% upside.

The insider sentiment on Regency Centers has been negative according to 75 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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Regency Centers Corp. operates as a real estate investment trust, which engages in the ownership, operation and development of retail shopping centers. Its portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to its neighborhoods, communities, and customers. The company was founded by Martin Edward Stein, Sr. and Joan Wellhouse Newton in 1963 and is headquartered in Jacksonville, FL.

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