Tanger Factory Outlet Centers (SKT) - FREE Research Report

Morrison Lisa J, who is Senior VP Leasing at Tanger Factory Outlet Centers, sold 6,600 shares at $35.33 on May 6, 2014. Following this transaction, the Senior VP Leasing owned 66,004 shares meaning that the stake was reduced by 9.09% with the 6,600-share transaction.

Summerell Virginia R, who is Senior VP, Treasurer at Tanger Factory Outlet Centers, sold 6,000 shares at $35.69 on May 6, 2014. Following this transaction, the Senior VP, Treasurer owned 50,858 shares meaning that the stake was reduced by 10.55% with the 6,000-share transaction.

Perry Chad, who is EVP,General Counsel,Secretary at Tanger Factory Outlet Centers, sold 1,250 shares at $35.51 on May 6, 2014. Following this transaction, the EVP,General Counsel,Secretary owned 43,000 shares meaning that the stake was reduced by 2.82% with the 1,250-share transaction.

The shares most recently traded at $35.68, up $0.17, or 0.47% since the insider transaction. Historical insider transactions for Tanger Factory Outlet Centers go as follows:

  • 4-Week # shares sold: 26,620
  • 12-Week # shares sold: 26,620
  • 24-Week # shares sold: 29,370

The average volume for Tanger Factory Outlet Centers has been 672,800 shares per day over the past 30 days. Tanger Factory Outlet Centers has a market cap of $3.4 billion and is part of the financial sector and real estate industry. Shares are up 10.93% year-to-date as of the close of trading on Tuesday.

Tanger Factory Outlet Centers, Inc. is a real estate investment trust. The firm invests in the real estate markets in United States. It focuses on developing, acquiring, owning, operating, and managing outlet shopping centers. Tanger Factory Outlet Centers, Inc. The stock currently has a dividend yield of 2.69%. The company has a P/E ratio of 31.6. Currently, there are 2 analysts who rate Tanger Factory Outlet Centers a buy, 1 analyst rates it a sell, and 4 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on SKT - FREE

TheStreet Quant Ratings rates Tanger Factory Outlet Centers as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including poor profit margins, unimpressive growth in net income and a generally disappointing performance in the stock itself. Get the full Tanger Factory Outlet Centers Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you liked this article you might like

Intersil Buyout Highlights Chipmaker Consolidation; Here's Who Could Be Next

Insider Trading Alert - MPWR, COP And UTEK Traded By Insiders

New Lifetime High For Monolithic Power Systems (MPWR)

Market's Got a Brand New (Mixed) Bag

New Lifetime High Reached By Monolithic Power Systems (MPWR)