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In a recent transaction, Benjamin Butcher, a director at STAG Industrial, Inc. (NYSE:STAG), sold 28,843 shares of the company’s common stock. The transaction occurred on June 6, 2025, with shares sold at a weighted average price of $36.9007, generating a total of approximately $1.06 million. According to InvestingPro data, STAG’s current market capitalization stands at $7 billion, with the stock trading near overbought levels based on technical indicators.
Following the sale, Butcher retains ownership of 7,115 shares of STAG Industrial common stock. The transaction is part of a series of trades that also included the conversion of long-term incentive plan units (LTIP Units) into operational partnership units (OP Units), which were then redeemed for common stock. The company maintains strong financial health with a "GREAT" overall score from InvestingPro, boasting a 4% dividend yield and a 14-year track record of consecutive dividend increases. For comprehensive insider trading analysis and additional insights, investors can access the detailed Pro Research Report available on InvestingPro.
In other recent news, STAG Industrial reported a strong first quarter for 2025, surpassing earnings expectations. The company achieved an earnings per share (EPS) of $0.49, significantly above the anticipated $0.18, and revenue reached $205.57 million, exceeding forecasts of $200.84 million. Moody’s Ratings upgraded STAG Industrial’s credit rating to Baa2 from Baa3, citing the firm’s moderate leverage and solid operating performance. The credit rating upgrade reflects STAG’s financial flexibility and consistent operating cash flows, supporting its growth strategy. Citi analysts maintained a Neutral rating on STAG Industrial, with a price target of $35.00, noting potential increases in funds from operations due to accelerated leasing activities. Despite positive leasing activity, analysts highlighted a potential earnings headwind due to slower acquisition activity. STAG’s acquisition guidance remains between $350 million and $650 million, with first-quarter activity at $43 million. The company’s strong liquidity is supported by a $1 billion unsecured credit facility, and near-term debt maturities are considered manageable.
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