What Did This CEO Just Do with Personal Shares of Apartment Investment & Management (AIV)?


Today, the Chairman & CEO of Apartment Investment & Management (AIV), Terry Considine, sold shares of AIV for $4.93M.

Following Terry Considine’s last AIV Sell transaction on June 02, 2016, the stock climbed by 10.8%. This is Considine’s first transaction since reporting a Sell transaction on IPI back in December 2016

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AIV’s market cap is $7.69B and the company has a P/E ratio of 231.26. Currently, Apartment Investment & Management has an average volume of 1.22M.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $48.17, reflecting a -2.4% downside.

The insider sentiment on Apartment Investment & Management has been neutral according to 25 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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Apartment Investment & Management Co. operates as a real estate investment trust that engages in the acquisition, ownership, management and redevelopment of apartment properties. It operates through Real Estate segment. The Real Estate segment consists primarily of market rate apartment communities, which holds a substantial equity ownership interest.

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