Insiders Are Betting on CoreLogic Inc. (CLGX) and CubeSmart (CUBE)

On Jan 08, Martell Frank, President & CEO sold 7,500 shares of CoreLogic Inc. (NYSE: CLGX), with the average selling price of the stock being $43.99 per share. The total amount realized from this sold $329,906. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, Chief Financial Officer – BALAS JAMES L exercised an option an extra 2,000 shares of this stock in a transaction that took place a day before, on Dec 06, with a share exercised an option at an average of $11.93 and a total of $23,864 was realized from this transaction. After the transaction, the Chief Financial Officer – BALAS JAMES L was left with 81,435 shares of the company’s stock, which is currently worth around $971519.55.

The recent price movement of CLGX means that it is now down by -9.40% from its 52-week high and 30.75% up against its 52-week low prices. Over the past one week, the price volatility of CLGX stands at 1.67% while the volatility over the past one month is 1.47%. The beta score for this stock is 0.74. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 10/23/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.48 earnings per share (EPS) during that period. This report was met the expectations of analysts of 0.48 by 0. The revenue by the firm was 419.91M for the quarter.

The shares of CoreLogic Inc. (CLGX) dropped by -2.59%, leading to a loss of -$1.19 per share, and saw CLGX end the trading session at $44.84 on Wednesday 01/15/20. CLGX started the trading session at $45.84, before reaching a daily high of $45.87. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $44.56.

The trading volume on Wednesday stood at 1383951, which was below the stock’s 3-month average volume of 669.41K shares, out of a total 78.66M shares. As the price of the stock dipped, the market valuation of the company dropped to 3.58 billion.

The shares of CubeSmart (NYSE: CUBE) went up by 0.19% by the end of the recent trading session. This movement saw its price surge to close at $31.03, which was higher than the previous closing price of $30.97. Over the past one week, the price of CUBE has jumped by 0.06%, while it has recorded a gain of 2.68% over the past one month. Its three-month performance saw CUBE lose -9.77% while its six-month performance saw it drop by -10.21%. The situation is different though over the past one year, as the stock price went up by 5.47%, while its year-to-date (YTD) price performance slipped by -1.43%. The stock price has gone up by +4.78% compared to its 90-day low, while it is down -11.65% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 1,920,495 shares, with the short-term indicators averagely rating the stock as a 50% Sell. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,731,256 shares and the indicators have an average rating of 50% Sell. The last indicators, the long-term see CUBE stock with a 100-Day average volume of 1,628,434 shares, giving it an average rating of 100% Sell. A look at the general picture of all short, medium and long-term indicators leaves CUBE with an average rating of 56% Sell.

Several brokerage firms sent out their reports CUBE stock not long ago. In its report sent out on January 07, 2020, BMO Capital Markets lowered its ratings on CUBE from a Market Perform to a Underperform. In an earlier report on January 06, 2020, BofA/Merrill Downgrade the stock from a Neutral to a Underperform. Wells Fargo meanwhile in its report on December 10, 2019 Downgrade its rating of the stock from a “Underperform” to “Underperform”.

In related news to the company’s stock, around 4.53% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 316 institutions currently hold the CUBE stock. In the last quarter, a 194,416,725 CUBE shares were in the possession of institutions. On the other hand, the company recorded 53 new institutions who bought it their stock, while 22 institutions sold their entire CUBE reserve. Of the current institutions investing in the stock, 159 increased their investment while 119 decreased their investment in the stock.