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Director Cristina Gabriela Bita of Prologis, Inc. (NYSE:PLD) sold 500 shares of common stock on November 3, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $123.14, for a total transaction value of $61,570. Prologis , a prominent player in the Industrial REITs industry with a market capitalization of $118.33 billion, is currently trading at $124.22, slightly above the transaction price and near its 52-week high of $127.50.
Following the transaction, Bita directly owns 8,829 shares of Prologis. The company offers a 3.26% dividend yield and has raised its dividend for 11 consecutive years, according to InvestingPro data.
The sale was executed under a pre-arranged 10b5-1 trading plan established on August 1, 2025. InvestingPro analysis indicates Prologis is currently trading at a high P/E ratio of 36.13, suggesting the stock may be overvalued compared to its Fair Value. Investors can access 10+ additional ProTips and a comprehensive Pro Research Report covering what really matters about this REIT through InvestingPro’s deep-dive analysis.
In other recent news, Prologis, L.P., an operating partnership of Prologis, Inc., has priced a C$700 million offering of 3.600% notes due 2032. The announcement was filed with the Securities and Exchange Commission, and the notes are expected to close shortly. Scotia Capital Inc. and TD Securities Inc. are serving as underwriters for this offering, which is projected to yield net proceeds of approximately C$693.6 million after expenses. In analyst updates, KeyBanc Capital Markets has maintained its Sector Weight rating on Prologis, citing early signs of recovery in the industrial real estate market. Meanwhile, UBS has reiterated its Buy rating and set a price target of $137.00, highlighting the industrial warehouse market’s strong leasing activity. Truist Securities also raised its price target for Prologis to $131.00 from $120.00, following third-quarter results that exceeded expectations by $0.05 per share in normalized funds from operations. These developments reflect a positive outlook for Prologis amid signs of market recovery and strong leasing performance.
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