Stag Industrial Inc Chief Accounting Officer Sells Company Shares

Article's Main Image

Jaclyn Paul, Chief Accounting Officer of Stag Industrial Inc (STAG, Financial), sold 12,900 shares of the company on December 21, 2023, according to a SEC Filing.

Stag Industrial Inc is a real estate investment trust (REIT) focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. The company's portfolio includes a variety of properties, including warehouse/distribution buildings, flex/office buildings, and light manufacturing buildings.

Over the past year, the insider has sold a total of 12,900 shares and has not made any purchases of the company's stock.

The insider transaction history for Stag Industrial Inc shows a pattern of 0 insider buys and 6 insider sells over the past year.

On the day of the insider's recent sale, shares of Stag Industrial Inc were trading at $38.57, giving the company a market cap of $7.034 billion.

The stock's price-earnings ratio stands at 37.98, which is above the industry median of 17.59 but below the company’s historical median price-earnings ratio.

With a trading price of $38.57 and a GuruFocus Value of $37.81, Stag Industrial Inc has a price-to-GF-Value ratio of 1.02, indicating that the stock is Fairly Valued according to its GF Value.

The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.

1738107461316964352.png 1738107482888269824.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.