Corporacion Inmobiliaria Vesta (NYSE:VTMX) Stock: Insider Carranza Diego Berho Sells 30,000 Shares

Key Points

  • Insider selling: Romero Pucheu sold 120,000 Vesta shares for $447,600, reducing his reported stake by 39.7% to 182,287 shares. Other company insiders also reported substantial sales, totaling 373,911 shares across the transactions cited.
  • Quarterly results beat estimates: Vesta reported EPS of $1.18, above the $0.46 consensus, and revenue of $79.56 million versus expectations of $79.15 million.
  • Dividend and analyst view: The company’s quarterly dividend equates to about $0.80 annually, or a 2.1% yield. Analysts’ consensus rating is Hold, with a $42 price target.

Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR (NYSE:VTMX - Get Free Report) insider Diego Berho Carranza sold 30,000 shares of the company's stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $3.70, for a total value of $111,000.00. Following the completion of the sale, the insider owned 1,606,661 shares in the company, valued at approximately $5,944,645.70. This represents a 1.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Carranza Diego Berho also recently made the following trade(s):

  • On Friday, November 6th, Diego Berho Carranza sold 23,911 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.75, for a total transaction of $89,666.25.
  • On Wednesday, November 4th, Diego Berho Carranza sold 45,000 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.73, for a total transaction of $167,850.00.
  • On Tuesday, November 3rd, Diego Berho Carranza sold 30,000 shares of Corporacion Inmobiliaria Vesta stock. The stock was sold at an average price of $3.64, for a total transaction of $109,200.00.
  • On Friday, October 30th, Diego Berho Carranza sold 3,814 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.65, for a total transaction of $13,921.10.
  • On Friday, September 4th, Diego Berho Carranza sold 6,219 shares of Corporacion Inmobiliaria Vesta stock. The shares were sold at an average price of $3.48, for a total transaction of $21,642.12.

Corporacion Inmobiliaria Vesta Trading Up 1.8%




NYSE VTMX opened at $38.30 on Tuesday. The company has a market capitalization of $3.69 billion, a PE ratio of 6.98, a P/E/G ratio of 3.70 and a beta of 0.59. The company has a fifty day moving average of $34.56 and a 200 day moving average of $34.23. Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR has a 1 year low of $29.63 and a 1 year high of $38.50. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.46 and a quick ratio of 3.46.

Corporacion Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The company reported $1.18 EPS for the quarter, beating the consensus estimate of $0.46 by $0.72. The company had revenue of $79.56 million for the quarter, compared to analyst estimates of $79.15 million. Corporacion Inmobiliaria Vesta had a net margin of 156.69% and a return on equity of 16.24%. Research analysts forecast that Corporacion Inmobiliaria Vesta, S.A.B. de C.V. Sponsored ADR will post 3.00 earnings per share for the current year.

Corporacion Inmobiliaria Vesta Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 22nd. Stockholders of record on Wednesday, October 14th were paid a $0.1999 dividend. The ex-dividend date was Wednesday, October 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.1%. Corporacion Inmobiliaria Vesta's dividend payout ratio is presently 12.20%.

Key Stories Impacting Corporacion Inmobiliaria Vesta

Here are the key news stories impacting Corporacion Inmobiliaria Vesta this week:

  • Negative Sentiment: CEO Lorenzo Berho sold a combined 200,000 shares across four transactions, worth about $757,000 at the reported prices. Insider Romero Pucheu sold 120,000 shares—39.7% of his reported position—and Diego Berho Carranza sold a combined 53,911 shares. In total, the reported sales amounted to 373,911 shares. CEO sales filing Pucheu sales filing Carranza sales filing

Analyst Ratings Changes

Separately, Weiss Ratings raised Corporacion Inmobiliaria Vesta from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, October 26th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $42.00.

Check Out Our Latest Stock Report on VTMX

Corporacion Inmobiliaria Vesta Company Profile

(Get Free Report)

See Also

Insider Buying and Selling by Quarter for Corporacion Inmobiliaria Vesta (NYSE:VTMX)

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