Arthur Gallagher, Executive Vice President and Regional President of Equity One, Inc. (NYSE:EQY), completed a stock disposition of 20,000 shares of Common Stock, par value $0.01 per share, on Friday. The sale was executed directly, paying a price of $24.00 per share and the insider also used stock options. This is Gallagher’s second stock sale of the fiscal year, as the Executive VP unloaded 20,000 shares in June, paying $23.50 per share.
Regarding other insider stock sales at Equity One, Jeffrey Olson, Chief Executive Officer of the firm, executed one of the last sales at the end of May. The insider sold a bulk of 101,371 shares, paying a price of $22.97 per share, only two days after unloading 118,629 shares of Common Stock for $22.67 per share.
Furthermore, the $2.8 billion market cap real estate firm saw some interesting movement amongst hedge fund holdings this quarter, as Israel Englander’s Millennium Management newly entered a shareholding position with nearly 1.2 million shares, worth $26.7 million. The hedge fund is now the largest shareholder.