E. Regional President & Chief Operating Officer Alan Roth sold 4,250 shares of Regency Centers Corp (NASDAQ:REG) on August 14, 2024, according to a recent SEC filing. Following this transaction, the insider now owns 16,651 shares of the company’s stock.
Regency Centers Corp, a real estate investment trust, specializes in owning, operating and developing shopping centers, primarily containing supermarkets. According to the latest data, the company has a market capitalization of $12.71 billion.
Over the past year, Alan Roth has sold a total of 8,119 shares of company stock and made no purchases. The insider transaction history for Regency Centers Corp shows a total of 6 insider sales and no insider purchases over the past year.
On the day of the last sale, Regency Centers Corp shares were trading at $70.36. The stock’s price to earnings ratio is 33.66, which is higher than the industry median of 16.85. The stock’s GF Value is $68.19, which results in a price to GF Value ratio of 1.03, indicating that the stock is fairly valued.
The GF value is calculated based on historical trading multiples, a GuruFocus adjustment factor and estimates of future business performance provided by Morningstar analysts.
This insider sale could be of interest to investors who track insider behavior and evaluate the stock’s current valuation metrics, such as the price-to-sales ratio, the price-to-book ratio, and the price-to-free cash flow ratio.
This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.
This article first appeared on GuruFocus.
