Notable Insider Trading: Condor Hospitality Trust, Inc. $CDOR

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Condor Hospitality Trust, Inc. (ARCA:CDOR) insider have most recently took part in a trading activity. On Aug 24, 2017 Blackham J William Iii, President & CEO bought 2,000 shares having total worth of $20,900 at the price of $10.45 per share, following the transaction a total of 189,385 shares owned by Blackham J William Iii. Before this latest buy, Blackham J William Iii purchased CDOR at 4 other times during the past twelve months, for a total investment of $828,520 at an average of $10.46 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 buy trades. Furthermore, over the past 12 months , the stock was traded 13 times by insiders. an employee of the company was the buyer in 13 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 4 0 -0.66%
12 Month 13 0 82.69%

Condor Hospitality Trust, Inc. (ARCA:CDOR) last announced its earnings results on Aug 7, 2017. The company reported 0.37 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.62 by $0.25. The company had revenue of $14 million for the quarter, compared to the consensus estimate of $14 million. During the same quarter in the previous year, the company posted 0.18 earnings per share. The company’s revenue for the quarter was up 3% on a year-over-year basis.

2017-08-07 2017-05-15 2015-11-13 2015-08-13
earnings per share 0.37 -3.95 0.08 -1.52
Revenue(M) 14.25 10.36 15.56 16.4

Supertel Hospitality, Inc., was incorporated in Virginia on August 23, 1994. The Company conducts its business through a traditional umbrella partnership REIT, or UPREIT, in which its hotel properties are owned by its operating partnerships, Supertel Limited Partnership and E&P Financing Limited Partnership, limited partnerships, limited liability companies or other subsidiaries of its operating partnerships. It is a self-administered REIT, and through its subsidiaries, it owned approximately 86 limited service hotels in 22 states at December 31, 2012. Its hotels operate under several national franchise and independent brands. It is engaged mainly in the business of owning equity interests in hotel properties. It currently own, indirectly, an approximate 99% general partnership interest in Supertel Limited Partnership and a 100% partnership interest in E&P Financing Limited Partnership. The Company hotel properties are subject to various federal, state and local environmental laws.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.