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Washington Real Estate Investment Trust (WRE) President, CEO & Director George F Mckenzie sells 1,450 Shares

Dec 14, 2011 | About:
insider
insider
President, CEO & Director of Washington Real Estate Investment Trust (WRE) George F Mckenzie sells 1,450 shares of WRE on 12/13/2011 at an average price of $26.05 a share.

Washington Real Estate Investment Trust has a market cap of $1.7 billion; its shares were traded at around $26.05 with a P/E ratio of 13.5 and P/S ratio of 5.7. The dividend yield of Washington Real Estate Investment Trust stocks is 6.7%. Washington Real Estate Investment Trust had an annual average earning growth of 2.3% over the past 10 years.


This is the insider trade history vs. stock price of WRE. For the complete insider trading history of WRE, click here.




Directors and Officers Recent Trades:


  • Director Edward S Civera bought 8,000 shares of WRE stock on 08/11/2011 at the average price of 28.03. Edward S Civera owns at least 17,373 shares after this. The price of the stock has decreased by 7.06% since.
  • Managing Dir.- Prop. Mngmt. James Bradley Cederdahl sold 480 shares of WRE stock on 08/24/2011 at the average price of 29.64. James Bradley Cederdahl owns at least 10,355 shares after this. The price of the stock has decreased by 12.11% since.


For the complete insider trading history of WRE, click here.

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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