Insider Selling: Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) EVP Sells $1,066,892.55 in Stock

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) EVP Edward Schulman sold 16,595 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $64.29, for a total value of $1,066,892.55. Following the transaction, the executive vice president owned 48,776 shares in the company, valued at approximately $3,135,809.04. This represents a 25.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Vivmark Residential Common Shares of Beneficial Interest Price Performance

NYSE VMRK opened at $66.84 on Friday. Vivmark Residential Common Shares of Beneficial Interest has a 52 week low of $57.57 and a 52 week high of $71.50. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.19 and a current ratio of 0.19. The firm has a market cap of $25.06 billion, a PE ratio of 16.04, a PEG ratio of 5.48 and a beta of 0.73.

Analysts Set New Price Targets

VMRK has been the topic of a number of recent analyst reports. Evercore began coverage on shares of Vivmark Residential Common Shares of Beneficial Interest in a report on Tuesday. They issued an “in-line” rating and a $72.00 price objective on the stock. Weiss Ratings assumed coverage on Vivmark Residential Common Shares of Beneficial Interest in a research report on Wednesday. They set a “hold (c)” rating on the stock. Wells Fargo & Company assumed coverage on Vivmark Residential Common Shares of Beneficial Interest in a research note on Friday. They issued an “overweight” rating and a $72.00 price target on the stock. Finally, Stifel Nicolaus reduced their price target on Vivmark Residential Common Shares of Beneficial Interest from $79.00 to $78.50 and set a “buy” rating for the company in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $74.17.

Institutional Trading of Vivmark Residential Common Shares of Beneficial Interest

An institutional investor recently bought a new position in Vivmark Residential Common Shares of Beneficial Interest stock. Syon Capital LLC acquired a new stake in shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,206 shares of the company’s stock, valued at approximately $354,000. Institutional investors and hedge funds own 92.68% of the company’s stock.

About Vivmark Residential Common Shares of Beneficial Interest

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, DC, Seattle, San Francisco, Southern California and Denver.