A Director at Rexford Realty (NYSE: REXR) is Selling Shares

By Carrie Williams

Yesterday, a Director at Rexford Realty (REXRResearch Report), Steven C. Good, sold shares of REXR for $114.8K.

Following Steven C. Good’s last REXR Sell transaction on July 24, 2013, the stock climbed by 34.9%. In addition to Steven C. Good, one other REXR executive reported Sell trades in the last month.

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Based on Rexford Realty’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $74.24 million and quarterly net profit of $23.54 million. In comparison, last year the company earned revenue of $57.71 million and had a net profit of $14.84 million. The company has a one-year high of $53.48 and a one-year low of $33.72. Currently, Rexford Realty has an average volume of 508.14K.

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Rexford Industrial Realty, Inc. is a self-administered and self-managed real estate investment trust, which engages in owning, operating, and acquiring industrial properties. The company was founded on January 18, 2013 and is headquartered in Los Angeles, CA.