A Director at Corporate Office Properties Trust (NYSE: OFC) is Selling Shares

By Carrie Williams

Today, a Director at Corporate Office Properties Trust (OFCResearch Report), Robert Denton, sold shares of OFC for $72.06K.

Following Robert Denton’s last OFC Sell transaction on August 02, 2019, the stock climbed by 1.8%. In addition to Robert Denton, 2 other OFC executives reported Sell trades in the last month.

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Based on Corporate Office Properties Trust’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $176 million and quarterly net profit of $106 million. In comparison, last year the company earned revenue of $147 million and had a net profit of $19.34 million. The company has a one-year high of $30.59 and a one-year low of $20.04. Currently, Corporate Office Properties Trust has an average volume of 717.58K.

In the last 30 days, insiders have sold $145K worth of OFC shares and purchased $9,712 worth of OFC shares. The insider sentiment on Corporate Office Properties Trust has been negative according to 40 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Corporate Office Properties Trust, Inc. is a real estate investment trust, which acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other.