O - Larry Chapman Takes Money Off The Table Sells $271K In Realty Income Stock | Benzinga
Revealing a significant insider sell on April 11, Larry Chapman, Board Member at Realty Income (NYSE:O), as per the latest SEC filing.
What Happened: Chapman's recent move involves selling 5,000 shares of Realty Income. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value is $271,150.
The latest market snapshot at Friday morning reveals Realty Income shares up by 0.05%, trading at $52.27.
All You Need to Know About Realty Income
Realty Income owns roughly 13,400 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 17% of revenue.
Realty Income's Economic Impact: An Analysis
Revenue Growth: Realty Income's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 21.11%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate ...