Sotherly Hotels Inc SOHO:NASDAQ

Last Price$2.17Cboe Real-Time Last Sale as of 1:11PM ET 4/09/20
Cboe Real-Time Quotes
Realtime quote and/or trade prices are not sourced from all markets
Today's Change+0.35(19.23%)
Bid (Size)$2.17 (200)
Ask (Size)$2.20 (300)
Day Low / High$1.95 - 2.32
Volume271.5 K

Insider Trends: Selling By Insiders Lingers at Sotherly Hotels

8:18PM ET 9/24/2019 MT Newswires
On Sep 20, 2019, Director and CEO, Andrew Sims, executed a sale of 17,751 shares in Sotherly Hotels (SOHO) for $119,995. Sims, subsequent to the transactions designated in the SEC Form 4 filing, controls 1,305,560 shares of the company of which 344,879 shares are held directly and 960,681 shares are owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $8.67 million.

During the most recent 90-day period, previous to the date of this filing, there have been 2 transactions reported to the SEC, all of which have been sales and have resulted in the disposition of 19,225 company shares by insiders. Relative to the preceding 90-day window of time, there were 3 transactions from 2 insiders that resulted in the net disposition of 19,517 shares.

This level of insider transactions is below that of the peer group average in the 26-company Hospitality REITs peer group over the last 90-day period. Activity in the peer group averaged 58.5 transactions per company, with company insiders acquiring on average 45,515 shares.

SEC Story Link