Shaul Kuba Insider Buy
Shaul Kuba is the director of Cim Commercial Trust Corp. He a few days ago purchased 156 shares in the stock exchange listed company with the deal value totalling nearly $2,682 USD . This is according to the SEC provided price of $17.2 for a share. It seems he is very active lately as in the last month, he silently obtained additional 803 shares of the company, worth $15,102 USD. Shaul Kuba’s shares were acquired on December 11, 2015 and the Form 4 that contains the original information, filed with the SEC can be found here. Presently, Shaul Kuba owns 95.80 million shares which are around 94.85% of the company’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding).
The stock increased 4.63% or $0.78 on December 11, hitting $17.63. About 2,199 shares traded hands or 42.51% up from the average. CIM Commercial Trust Corp (NASDAQ:CMCT) has declined 6.29% since May 8, 2015 and is downtrending. It has underperformed by 3.27% the S&P500.
Another recent and important CIM Commercial Trust Corp (NASDAQ:CMCT) news was published by Businesswire.com which published an article titled: “PMC Commercial Trust Announces Name Change to CIM Commercial Trust Corporation ..” on April 28, 2014.
CIM Commercial Trust Corporation acquires, owns, and operates office properties in urban communities throughout the United States. The company has a market cap of $1.67 billion. The Firm operates in four business divisions: the acquisition, redevelopment, ownership, and management of office real estate ; multifamily real estate (multifamily segment); hotels (hotel segment), and lending activities (lending segment). It currently has negative earnings. The products for the Company’s office segment primarily include rental of office space and other tenant services, including tenant reimbursements, parking and storage space rental.
According to Zacks Investment Research, “CIM Commercial Trust Corporation is a real estate investment trust. It primarily makes equity and debt investments in substantially stabilized real estate and real estate-related assets, principally office properties. The Company also operates a real estate lending platform, which includes originating and servicing U.S. Small Business Administration-guaranteed loans as well as conventional loans. CIM Commercial Trust Corporation, formerly known as PMC Commercial Trust, is headquartered in Dallas, Texas.” Get a free copy of the Zacks research report on CIM Commercial Trust Corp (CMCT).
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