Alexandria Real Estate Chief Accounting Officer Sells 10,000 Shares
Andres Gavinet, the Chief Accounting Officer of Alexandria Real Estate Equities (NYSE:ARE), sold 10,000 shares on August 31, 2026. The transaction was disclosed in an SEC Form 4 filing and valued at $509,300 based on a weighted average price per share of $50.93. Following the sale, Gavinet retained ownership of approximately 102,516 shares directly held, representing about 0.05% of the company's stock. The transaction was executed in multiple trades between $50.91 and $50.96 per share. Analysts suggest this is a routine insider activity rather than an indication of negative sentiment toward the company. Alexandria Real Estate Equities, which operates as a REIT focused on life science, technology, and agtech sectors, has seen its stock price decline nearly 40% over the past year compared to gains in broader indices. Analysts remain cautiously optimistic with a median one-year target of $52.50.
Tickers: $ARE
Topics: executive_sales real_estate reit