The President of SL Green Realty is Exercising Options

By Carrie Williams

Today it was reported that the President of SL Green Realty (NYSE: SLG), Andrew Mathias, exercised options to sell 65,000 SLG shares at $91.43 a share, for a total transaction value of $6.85M.

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SLG’s market cap is $8.99B and the company has a P/E ratio of 34.60. Currently, SL Green Realty has an average volume of 342.5K.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $107.50, reflecting a -3.4% downside.

Andrew Mathias’ trades have generated a -2.3% 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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SL Green Realty Corp. is a real estate investment trust, which engages in property management, acquisitions and dispositions, financing, development and redevelopment, construction, and leasing. It operates through the Real Estate, and Debt and Preferred Equity Investments segments.