A Director at Pennsylvania Real Estate Investment (NYSE: PEI) is Buying Shares

By Carrie Williams

Yesterday, a Director at Pennsylvania Real Estate Investment (PEIResearch Report), Charles Pizzi, bought shares of PEI for $53.3K.

Following this transaction Charles Pizzi’s holding in the company was increased by 20.64% to a total of $304.6K. This is Pizzi’s first transaction since reporting a Sell transaction on PHH back in September 2017

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The company has a one-year high of $9.80 and a one-year low of $4.34.

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Pennsylvania Real Estate Investment Trust engages in the ownership, management, leasing, acquisition, redevelopment, and disposition of shopping malls. It focuses on shopping malls located in the eastern half of the U.S. primarily in the Mid-Atlantic region.