AKR - Insider Unloading: Douglas Crocker Sells $448K Worth Of Acadia Realty Trust Shares | Benzinga
Douglas Crocker, Board Member at Acadia Realty Trust (NYSE:AKR), executed a substantial insider sell on December 7, according to an SEC filing.
What Happened: Crocker opted to sell 28,250 shares of Acadia Realty Trust, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The transaction's total worth stands at $448,327.
Tracking the Friday's morning session, Acadia Realty Trust shares are trading at $15.57, showing a down of 1.27%.
Get to Know Acadia Realty Trust Better
Acadia Realty Trust is a real estate investment trust which specializes in the operation, management, leasing, renovation, and acquisition of shopping centers and mixed-use properties with retail components. The company's portfolios are located primarily in metropolitan areas of the United States. The company operates through three segments: core portfolio, which consists primarily of high-quality retail properties located primarily in high-barrier-to-entry, densely-populated metropolitan areas with a long-term investment horizon and generates the majority of total revenue; funds, which comprises the funds launched by the trust; and structured financing, which consists of notes receivable and related interest income.
A Deep Dive into Acadia Realty Trust's Financials
Revenue Growth: Acadia Realty Trust's remarkable performance in 3 months is evident. As of ...