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Equity Residential CFO and COO sold significant stock, contributing to a drop in the company’s share price.
Equity Residential (EQR) CFO Robert Garechana sold $309,425 worth of the company's stock, reducing his holdings by 23.33%.
COO Michael Manelis also sold shares, decreasing his position by 26.16%.
EQR's stock price fell to $71.36, down $0.76, with the company having a market cap of $27.08 billion.
Several analysts and institutional investors have adjusted their holdings and ratings for EQR, with a recent consensus of "Hold" and a target price of $78.36.
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Equity Residential CFO y COO vendieron acciones significativas, contribuyendo a una caída en el precio de acciones de la compañía.