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Today, the SVP-COO of UDR (NYSE: UDR), Jerry Davis, sold shares of UDR for $404.4K.
In addition to Jerry Davis, 2 other UDR executives reported Sell trades in the last month. Following Jerry Davis’ last UDR Sell transaction on August 07, 2018, the stock climbed by 0.9%.
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Based on UDR’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $260 million and quarterly net profit of $20.6 million. In comparison, last year the company earned revenue of $251 million and had a net profit of $16.19 million. UDR’s market cap is $10.71B and the company has a P/E ratio of 148.98. Currently, UDR has an average volume of 955.9K.
Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $41.17, reflecting a 2.6% upside.
The insider sentiment on UDR has been negative according to 37 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Jerry Davis’ trades have generated a -11.4% 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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UDR, Inc. engages in the multi-family real estate investment trust business. It operates through the Same-Store Communities and Non-Mature Communities/Other segments. The Same-Store Communities segment pertains to properties that are acquired, developed, and stabilized occupancy.
