Today, the SVP & CMO of Tanger Factory (SKT), Carrie Geldner, sold shares of SKT for $37.23K.
In addition to Carrie Geldner, 3 other SKT executives reported Sell trades in the last month.
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Based on Tanger Factory’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $125 million and GAAP net loss of $22.17 million. In comparison, last year the company earned revenue of $121 million and had a GAAP net loss of $15.53 million. SKT’s market cap is $2.2B and the company has a P/E ratio of 41.12. Currently, Tanger Factory has an average volume of 1.98M.
The insider sentiment on Tanger Factory has been negative according to 54 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Carrie Geldner’s trades have generated a -5.8% 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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Tanger Factory Outlet Centers, Inc. is a fully-integrated, self-administered and self-managed real estate investment trust. It focuses on developing, acquiring, owning, operating and managing outlet shopping centers. The company was founded by Stanley K. Tanger in 1981 and is headquartered in Greensboro, NC.
