Geoffrey Jervis (Insider Trades), CFO, executive vice president, and treasurer of Stag Industrial Inc. (NYSE:STAG), bought 5,000 shares of the company on July 29, 2015. The average price per share was $18.60, for a total transaction of $93,000. Stag Industrial is a real estate investment trust focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. The company’s market cap is 1.32 billion, and P/S ratio is 6.61.
There have been 27 insider sells totaling 283,639 shares of the company, and 49 insider buys totaling 62,825 shares since 2012. Jervis made one buy totaling 5,000 shares of the company since then. Jeffrey Sullivan (Insider Trades), executive vice president, general council and secretary of Stag Industrial, bought 5,300 shares of STAG for an average price of $18.83 on July 29, 2015. Additionally, Francis Jacoby (Insider Trades), STAG director, bought 2,600 shares of the company for an average price of $18.97 on July 28, 2015. The number of insider buys increased from 17 to 23 from 2012 to 2013, and then decreased to 5 in 2014, and 4 in 2015. The volume of insider buys and sells fluctuated from 2012 to 2015. Continue Reading »