Geoffrey Jervis (Insider Trades), CFO, executive vice president, and treasurer of Stag Industrial Inc. (STAG, Financial), 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. 
Fore more information about insider transactions with Stag Industrials Inc., click here.
Stag Industrials reported a net loss of $4.83 million or $0.12 per share, and revenue of $52.8 million in the second quarter of 2015. Net income decreased and revenue increased from the second quarter of the previous year. Revenue and net loss were $41.7 million and $2.36 million respectively. In June 2015 alone, Stag Industrials acquired 4 distribution warehouse buildings and 1 manufacturing building for $41 million. The company purchased 12 industrial buildings consisting of 1.6 million square feet for $84 million during the second quarter of 2015. STAG also entered contracts to acquire 15 industrial buildings for $115 million as of July 1, 2015. Ben Butcher, CEO of Stag Industrials Inc., stated, “The second quarter marked continued progress on all operational fronts,” partly attributed to such strong acquisitions. Butcher continues, “STAG’s business and its execution are stronger now than at any point in the company’s history.” The company also announced an increase of 2.2%, to $0.115 per share in monthly dividends effective July 2015.
One guru reduced his position Stag Industrials, while another increased his position in the company in the first quarter of 2015. John Keeley (Trades, Portfolio) (Trades, Portfolio) of Keeley Asset Management Corp., sold 23,250 shares of STAG for an average price of $25.16 per share. This transaction reduced Keeley’s stake in the company by 18.72%. Scott Black (Trades, Portfolio) of Delphi Management, Inc. (Trades, Portfolio) purchased 29,610 shares of STAG for an average price of $25.16 per share. This transaction increased his holding by 40.45%. For more information about guru trades with Stag Industrials Inc., click here.
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