A Director at Douglas Emmett (NYSE: DEI) is Buying Shares

By Carrie Williams

Today, a Director at Douglas Emmett (DEIResearch Report), William E. Simon, bought shares of DEI for $300.9K.

Following this transaction William E. Simon’s holding in the company was increased by 28.14% to a total of $1.49 million.

See today’s analyst top recommended stocks >>

Based on Douglas Emmett’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $242 million and quarterly net profit of $277 million. In comparison, last year the company earned revenue of $227 million and had a net profit of $25.53 million. The company has a one-year high of $45.59 and a one-year low of $28.19. DEI’s market cap is $6.12B and the company has a P/E ratio of 16.84.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Douglas Emmett, Inc. is a real estate investment trust, which engages in the acquisition, development, ownership, and management of real estate properties. It operates through the following segments: Office, and Multifamily. The Office segment comprises rental of office space and other tenant services, including parking and storage space rental.