Today, the President & CEO of Office Properties Trust (NYSE: OFC), Stephen Budorick, bought shares of OFC for $15.5K.
Following Stephen Budorick’s last OFC Buy transaction on March 16, 2018, the stock climbed by 3.3%.
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OFC’s market cap is $2.98B and the company has a P/E ratio of 47.35. Currently, Office Properties Trust has an average volume of 642K.
Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $30.50, reflecting a 5.5% upside.
The insider sentiment on Office Properties Trust has been negative according to 36 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Stephen Budorick’s trades have generated a 12.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Corporate Office Properties Trust, Inc. is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded in 1988 and is headquartered in Columbia, MD.
