The CEO of Retail Opportunity Investments is Exercising Options

Today it was reported that the CEO of Retail Opportunity Investments (ROICResearch Report), Stuart Tanz, exercised options to buy 50,000 ROIC shares at $10.25 a share, for a total transaction value of $512.5K. The options were close to expired and Stuart Tanz retained stocks.

This recent transaction increases Stuart Tanz’s holding in the company by 3.22% to a total of $29.31 million.

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Currently, Retail Opportunity Investments has an average volume of 913.62K. ROIC’s market cap is $2.09B and the company has a P/E ratio of 46.69. The company has a one-year high of $18.67 and a one-year low of $15.44.

The insider sentiment on Retail Opportunity Investments has been positive according to 22 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Retail Opportunity Investments Corp. operates as a self-managed real estate investment trust. The company engages in the ownership, management, and redevelopment of retail real estate properties.