EQR - Equity Residential Insider Trades Send A Signal | Benzinga
Robert Garechana, EVP & Chief Financial Officer at Equity Residential (NYSE:EQR), reported an insider sell on June 26, according to a new SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, Garechana sold 6,357 shares of Equity Residential. The total transaction value is $439,141.
Tracking the Thursday's morning session, Equity Residential shares are trading at $68.02, showing a down of 0.0%.
Discovering Equity Residential: A Closer Look
Equity Residential owns a portfolio of 302 apartment communities with around 80,000 units and is developing two additional properties with 537 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
Understanding the Numbers: Equity Residential's Finances
Revenue Growth: Equity Residential's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 3.65%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in ...