Alexandria Real Estate Chief Accounting Officer Sells 10,000 Shares
On August 31, 2026, Andres Gavinet, the Chief Accounting Officer of Alexandria Real Estate Equities (ARE), sold 10,000 shares at a weighted average price of $50.93 per share for approximately $509,300 in total value. The transaction was disclosed via an SEC Form 4 filing and did not significantly alter Gavinet's ownership stake; he still holds around 102,516 directly owned shares post-transaction. Alexandria Real Estate Equities is a real estate investment trust (REIT) focused on life science, technology, and agtech sectors. The company owns and develops integrated campuses in premier innovation ecosystems across the U.S., generating revenue through rental income and property appreciation. As of August 31, 2026, its stock closed at $51.29 per share with a market capitalization of approximately $8.7 billion. Analysts have been cautious about Alexandria's prospects in recent months; the company’s shares are down nearly 40% over the past year compared to an S&P 500 gain of 17.2%. Analysts covering the stock currently rate it as a 'buy' (12%), 'hold' (71%), or 'sell' (18%).
Tickers: $ARE
Topics: executive_activity real_estate reit