Insider Selling: Director Alexander Otto Sells Shares of SITE Centers Corp (SITC)

By Yahoo! Finance | Jun 21, 2024 at 07:10 PM EST

SITE Centers Corp, a real estate investment trust, saw Alexander Otto sell over 1.2 million shares in a trend of insider sells without buys. The recent transaction valued at $3.9 million indicates a lower price-earnings ratio than industry peers, suggesting the stock is undervalued.

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