Insider Acquisition At Inland Real Estate Corporation (IRC): Brett Brown Was Granted With 23,080 Shares Of Common Stock.


Inland Real Estate Corporation (NYSE:IRC)’s Chief Financial Officer A Brett Brown recently received 23,080 shares of common stock, To vest 20% per annum, beginning July, 2015. Mr. Brown owns now at this $1.06 Billion Market Cap Company, 87,295 shares, directly.

This self-managed REIT hadn’t witnessed any insider acquisition since 2013, when Director  Joel Simmons and Chairman Daniel Goodwin purchased, respectively, 4,500 shares, at a price of $10.27 per share, and another 110,000 shares, at prices ranging from $10.60 to $10.41 per share.

Additionally, Millennium Management and Aqr Capital Management have enlarged their stake at Inland Real Estate Corporation (NYSE:IRC). Israel Englander’s Millennium Management currently holds more than 1 million shares, worth above $11 million, and accounting for 0.03% of its Equity Portfolio, and Cliff Asness’ Aqr Capital Management owns another 992,666 shares, valued at more than $10 million, representing 0.03% of the fund’s Equity Portfolio.

Disclosure: none.