What Did This CEO Just Do with Personal Shares of Alexander & Baldwin (ALEX)?

Today, the President & CEO of Alexander & Baldwin (ALEX), Christopher J. Benjamin, sold shares of ALEX for $1.24M.

This is Benjamin’s first Sell trade following 3 Buy transactions. Following Christopher J. Benjamin’s last ALEX Sell transaction on March 12, 2019, the stock climbed by 0.7%.

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Based on Alexander & Baldwin’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $129 million and quarterly net profit of $9 million. In comparison, last year the company earned revenue of $113 million and had a GAAP net loss of $2.3 million. Currently, Alexander & Baldwin has an average volume of 329.9K.

In the last 30 days, insiders have sold $1.24M worth of ALEX shares and purchased $690.8K worth of ALEX shares.

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Alexander & Baldwin, Inc. engages in the provision of real estate business. It operates through the following segments: Commercial Real Estate, Land Operations, and Materials and Construction. The Commercial Real Estate segment includes leasing, property management, redevelopment-for-hold activities.

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