The Shareholder of Cominar Real Estate Investment (CMLEF) is Buying Shares

Yesterday the shareholder of Cominar Real Estate Investment (CMLEF), Sime Armoyan, bought CMLEF shares for $ 1.05 million.

This is Armoyan’s first buy trade after 6 sales transactions. Last month, Sime Armoyan reported another 4 buy trades on CMLEF for a total of $ 1.19 million.

See Today’s Analyst’s Top Recommended Stocks >>

The company has a year high of $ 11.48 and a year low of $ 5.14. CMLEF’s market cap is $ 1.18 billion and the company has a P / E of 14.90. Cominar Real Estate Investment currently has an average volume of.

Based on 4 analyst ratings, the analyst consensus is hold with an average price target of $ 6.88, reflecting a downward trend of -100.0%.

Over the past 30 days, Insiders have sold $ 1.19 million worth of CMLEF shares and bought $ 1.05 million worth of CMLEF shares. The insider sentiment at Cominar Real Estate Investment was neutral according to 38 insider trades in the last three months. This sentiment is lower than the average sentiment of insiders in the sector.

Company insider trades are reported daily to the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks each day based on influential insider trades. To subscribe to the DailyInsider, visit this page.

TipRanks has tracked 36,000 company insiders and found that some of them are better than others when it comes to the timing of their transactions. See which 3 stocks are most likely to move after their inside activity.

The Cominar Real Estate Investment Trust is a closed-ended investment trust that owns and manages commercial real estate. The company operates in the following segments: Office Real Estate, Retail Real Estate, Industrial and Mixed Use Real Estate, and Cominars Share. The company was founded in 1998 by Jules Dallaire and is headquartered in Quebec, Canada.