SITE Centers: SITE Centers EVP & Chief Investment Officer Trades $133K In Company Stock

It was reported on December 26, that John Cattonar, EVP & Chief Investment Officer at SITE Centers (NYSE:SITC) executed a significant insider sell, according to an SEC filing.What Happened: After conducting a thorough analysis, Cattonar sold 8,794 shares of SITE Centers. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total transaction value is $133,823.In the Friday's morning session, SITE Centers's shares are currently trading at $15.31, experiencing a down of 0.0%.Delving into SITE Centers's BackgroundSITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is engaged in the business of owning, leasing, acquiring, redeveloping, developing and managing shopping centers.Key Indicators: SITE Centers's Financial HealthRevenue Growth: SITE Centers's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -37.3%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.Insights into Profitability:Gross Margin: The company shows ...Full story available on Benzinga.com