A Major Shareholder at Paramount Group (NYSE: PGRE) is Selling Shares

Yesterday, a Major Shareholder at Paramount Group (PGREResearch Report), Maren Otto, sold shares of PGRE for $76.39K.

In addition to Maren Otto, 3 other PGRE executives reported Sell trades in the last month.

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Based on Paramount Group’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $195 million and quarterly net profit of $7.07 million. In comparison, last year the company earned revenue of $189 million and had a net profit of $37.5 million. PGRE’s market cap is $3.14B and the company has a P/E ratio of 169.53. The company has a one-year high of $15.11 and a one-year low of $12.18.

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Paramount Group, Inc. is a real estate investment and management company, which owns, operates, manages, acquires and redevelops office properties in central business district submarkets of New York, District of Columbia and San Francisco. The company was founded by Werner Otto in 1978 and is headquartered in New York, NY.