What Did This CEO Just Do with Personal Shares of Hudson Pacific Properties (HPP)?


Today, the CEO of Hudson Pacific Properties (NYSE: HPP), Victor Coleman, sold shares of HPP for $1.66M.

In addition to Victor Coleman, 3 other HPP executives reported Sell trades in the last month. Following Victor Coleman’s last HPP Sell transaction on June 14, 2017, the stock climbed by 1.1%.

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Based on Hudson Pacific Properties’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $170 million and quarterly net profit of $48.74 million. In comparison, last year the company earned revenue of $161 million and had a net profit of $20.67 million. HPP’s market cap is $5.57B and the company has a P/E ratio of 59.02. Currently, Hudson Pacific Properties has an average volume of 803.2K.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $40.00, reflecting a -10.0% downside.

The insider sentiment on Hudson Pacific Properties has been negative according to 55 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Victor Coleman’s trades have generated a 39.0% 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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Hudson Pacific Properties, Inc. is areal estate company. It owns, operates, develops and acquires office, media, and entertainment properties. The company operates through two segments: Office Properties and Media & Entertainment Properties. The Office Properties segment manages office properties located in California and Pacific Northwest.

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