The COO, CFO and Treasurer of Hudson Pacific Properties (NYSE: HPP) is Selling Shares

Today, the COO, CFO and Treasurer of Hudson Pacific Properties (HPPResearch Report), Mark Lammas, sold shares of HPP for $1.96M.

In addition to Mark Lammas, 2 other HPP executives reported Sell trades in the last month. Following Mark Lammas’ last HPP Sell transaction on June 13, 2017, the stock climbed by 0.8%.

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Based on Hudson Pacific Properties’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $200 million and GAAP net loss of $39.24 million. In comparison, last year the company earned revenue of $170 million and had a net profit of $48.74 million. HPP’s market cap is $5.32B and the company has a P/E ratio of 555.97. Currently, Hudson Pacific Properties has an average volume of 817.6K.

The insider sentiment on Hudson Pacific Properties has been negative according to 51 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Hudson Pacific Properties, Inc. is areal estate company. It owns, operates, develops and acquires office, media, and entertainment properties. The company operates through two segments: Office Properties and Media & Entertainment Properties. The Office Properties segment manages office properties located in California and Pacific Northwest.