The EVP CFO & Treasurer of Realty Income Corp (O) is Selling Shares

Today, the EVP CFO & Treasurer of Realty Income Corp (O), Paul Meurer, sold shares of O for $753.3K.

Following Paul Meurer’s last O Sell transaction on August 06, 2018, the stock climbed by 18.3%. In addition to Paul Meurer, 2 other O executives reported Sell trades in the last month.

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Based on Realty Income Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $370 million and quarterly net profit of $95.19 million. In comparison, last year the company earned revenue of $333 million and had a net profit of $96.38 million. The company has a one-year high of $76.73 and a one-year low of $55.55. O’s market cap is $23.45B and the company has a P/E ratio of 56.20.

The insider sentiment on Realty Income Corp has been negative according to 43 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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Realty Income Corp. is a real estate company, which engages in generating dependable monthly cash dividends from a consistent and predictable level of cash flow from operations. It operates through Rental segment. The company was founded by William E. Clark, Jr. and Evelyn Joan Clark in 1969 and is headquartered in San Diego, CA.

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