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Steven A. Webster, a director at Camden Property Trust (NYSE:CPT), executed a series of transactions involving the company’s common shares, according to a recent SEC filing. The real estate investment trust, currently valued at $13.1 billion, has maintained strong financial health with an overall score of "GOOD" according to InvestingPro analysis. On May 16, 2025, Webster sold 1,200 shares at an average price of $118.76 per share, totaling $142,512. This sale followed an acquisition of 1,200 shares on the same day through an option exercise at a price of $10.51 per share, valued at $12,612. Additionally, on May 15, Webster acquired 2,036 shares at a price of $117.99 each, amounting to $240,227. Following these transactions, Webster holds 117,374 shares directly. The stock is currently trading near its 52-week high of $127.69, with analysts setting price targets ranging from $120 to $144. Camden Property Trust has maintained dividend payments for 33 consecutive years, currently offering a 3.5% yield. Want deeper insights into insider trading patterns and comprehensive analysis? Check out the detailed Pro Research Report available on InvestingPro.
In other recent news, Camden Property Trust reported its Q1 2025 earnings, surpassing expectations with an earnings per share (EPS) of $0.36 compared to a forecast of $0.34. The company also exceeded revenue projections, posting $390.57 million against the anticipated $389 million. In light of these strong results, Camden Property Trust raised its full-year Core Funds From Operations (FFO) guidance from $6.75 to $6.78 per share. Additionally, Truist Securities upgraded its price target for Camden Property Trust to $131 while maintaining a Buy rating, reflecting a positive outlook on the company’s valuation within the apartment REIT sector. The company also held a shareholder meeting where ten Trust Managers were elected, executive compensation was approved, and Deloitte & Touche LLP was ratified as the independent accounting firm for fiscal year 2025. Camden Property Trust continues to focus on acquisitions and development projects, with $750 million planned for acquisitions and dispositions. These developments signal Camden Property Trust’s strategic efforts to maintain growth and value creation for shareholders amidst an evolving market landscape.
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