The COO and General Counsel of Starwood Property Trust (NYSE: STWD) is Selling Shares

By Carrie Williams

Yesterday, the COO and General Counsel of Starwood Property Trust (STWDResearch Report), Andrew Jay Sossen, sold shares of STWD for $712.5K.

Following Andrew Jay Sossen’s last STWD Sell transaction on September 21, 2017, the stock climbed by 5.4%. In addition to Andrew Jay Sossen, 2 other STWD executives reported Sell trades in the last month.

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Based on Starwood Property Trust’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $314 million and quarterly net profit of $126 million. In comparison, last year the company earned revenue of $270 million and had a net profit of $108 million. STWD’s market cap is $6.8B and the company has a P/E ratio of 17.98. The company has a one-year high of $24.15 and a one-year low of $19.16.

Andrew Jay Sossen’s trades have generated a -20.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Starwood Property Trust, Inc. engages in originating, acquiring, financing, and managing commercial mortgage loans and other commercial real estate debt and equity investments. It operates through the following segments: Real Estate Commercial and Residential Lending; Real Estate Property; Infrastructure Lending; and Real Estate Investing and Servicing.