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

By Carrie Williams

Yesterday, a Director at Douglas Emmett (DEIResearch Report), Christopher H. Anderson, sold shares of DEI for $1.51M.

Following Christopher H. Anderson’s last DEI Sell transaction on August 23, 2012, the stock climbed by 23.5%.

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Based on Douglas Emmett’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $238 million and quarterly net profit of $22.49 million. In comparison, last year the company earned revenue of $222 million and had a net profit of $30.41 million. The company has a one-year high of $43.76 and a one-year low of $32.32. Currently, Douglas Emmett has an average volume of 797.10K.

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