Today, the President & CEO of National Retail Properties (NYSE: NNN), Julian Whitehurst, sold shares of NNN for $1.02M.
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Based on National Retail Properties’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $152 million and quarterly net profit of $64.54 million. In comparison, last year the company earned revenue of $141 million and had a net profit of $58.9 million. NNN’s market cap is $6.13B and the company has a P/E ratio of 30.21. Currently, National Retail Properties has an average volume of 1.18M.
The insider sentiment on National Retail Properties has been negative according to 58 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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National Retail Properties, Inc. is a real estate investment trust, which engages in investing in properties subject to long-term net leases. It also acquires, owns, invests in, and develops properties that are leased to retail tenants under long-term net leases and held for investment.
