Parkway Properties Inc (PKY) Insider Lowers Exposure By Over 13,000 Shares


Parkway Properties Inc (NYSE:PKY), saw it’s Director, President, and CEO, James R. Heistand, lower his holdings in the company. Through a transaction that began on July 8th and was file July 10th, Heistand disposed of 13,984 shares of common stock at an average price of $20.91 per share. Following the transaction, Heistand now directly holds 1,322,726 shares in the company, while indirectly holding 74,916 shares.

In addition, two hedge funds have large holdings in Parkway Properties Inc (NYSE:PKY), the $2.16 billion market cap corporation described as a self-administered real estate investment trust (REIT) specializing in the ownership of office properties in higher growth submarkets in the Sunbelt region of the United States. Dmitry Balyasny‘s Balyasny Asset Management, holds 321,743 shares worth about $5.8 million; while Citadel Investment Group, the hedge fund controlled by Ken Griffin, reported no change in it’s holdings last quarter, maintaing 275,120 shares worth approximately $5 million.

Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.