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Hersha Hospitality Trust (HT) Chairman of the Board Hasu P Shah sells 30,000 Shares

December 26, 2012 | About:
insider

insider

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Chairman of the Board of Hersha Hospitality Trust (HT) Hasu P Shah sells 30,000 shares of HT on 12/21/2012 at an average price of $5.06 a share.

Hersha Hospitality Trust has a market cap of $994.691 million; its shares were traded at around $5.01 with a P/E ratio of 12.1 and P/S ratio of 3.3. The dividend yield of Hersha Hospitality Trust stocks is 5.1%.


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




Directors and Officers Recent Trades:


  • Trustee Jay H Shah sold 100,000 shares of HT stock on 12/21/2012 at the average price of 5.02. Jay H Shah owns at least 1,574,010 shares after this. The price of the stock has decreased by 0.2% since.
  • Chairman of the Board Hasu P Shah sold 30,000 shares of HT stock on 12/21/2012 at the average price of 5.06. Hasu P Shah owns at least 383,735 shares after this. The price of the stock has decreased by 0.99% since.
  • President and COO Neil H Shah sold 100,000 shares of HT stock on 12/21/2012 at the average price of 5.01. Neil H Shah owns at least 1,208,653 shares after this. The price of the stock has decreased by 0% since.
  • Ltd Ifis sold 2,000,000 shares of HT stock on 09/04/2012 at the average price of 4.86. Ltd Ifis owns at least 16,121,030 shares after this. The price of the stock has increased by 3.09% since.
  • Eduardo S Elsztain sold 2,000,000 shares of HT stock on 09/04/2012 at the average price of 4.86. Eduardo S Elsztain owns at least 16,121,030 shares after this. The price of the stock has increased by 3.09% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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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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