Real Estate
Standard Industrial Classification: SIC 6500
Industry Insider Sentiment Analysis
The Real Estate sector (SIC 6500) acts as a critical barometer for broader economic health. Our real-time monitoring reveals total transactions. Monitoring "cluster buying" is one of the most reliable leading indicators for future sector performance. By analyzing aggregate data across this specific Standard Industrial Classification, investors can filter out individual company volatility and identify high-conviction trends. When multiple directors and officers within the same industry move capital simultaneously, it often signals an upcoming sector-wide revaluation or a fundamental shift in supply chain dynamics that has yet to be recognized by the broader public market.
| Filing Date | Trade Date | Ticker | Company | Reporting Person | Relationship | Type | Price | Qty | Total, $ | Owned After |
|---|---|---|---|---|---|---|---|---|---|---|
| 2016-12-10 01:09 | 2016-12-08 | CBG | CBRE GROUP, INC. | LAFITTE MICHAEL J | Officer | SELL | $33.01 | 15,000 | $495,119 | 323,053 |
| 2016-12-10 00:34 | 2016-12-07 | CBG | CBRE GROUP, INC. | Frese Calvin W Jr | Officer | SELL | $32.00 | 25,000 | $800,000 | 234,341 |
| 2016-12-07 18:56 | 2016-12-05 | FRPH | FRP HOLDINGS, INC. | Klopfenstein John D | Officer | OPT+S | $38.57 | 4,414 | $170,245 | 0 |
| 2016-12-08 02:32 | 2016-12-06 | IIPR | INNOVATIVE INDUSTRIAL PROPERTIES INC | Gold Alan D | Director, Officer | BUY | $16.40 | 100 | $1,640 | 200,700 |
| 2016-12-07 01:29 | 2016-12-05 | IIPR | INNOVATIVE INDUSTRIAL PROPERTIES INC | Smithers Paul E. | Director, Officer | BUY | $15.50 | 4,000 | $61,987 | 4,000 |
| 2016-12-07 00:41 | 2016-12-02 | CBG | CBRE GROUP, INC. | GROCH JAMES R | Officer | SELL | $30.00 | 30,000 | $900,000 | 510,483 |
| 2016-12-06 02:21 | 2016-12-01 | IIPR | INNOVATIVE INDUSTRIAL PROPERTIES INC | Sistek Robert M. | Officer | BUY | $18.34 | 400 | $7,336 | 400 |
| 2016-12-06 02:22 | 2016-12-01 | IIPR | INNOVATIVE INDUSTRIAL PROPERTIES INC | Gold Alan D | Director, Officer | BUY | $20.00 | 200,600 | $4,011,418 | 200,600 |
| 2016-12-06 02:25 | 2016-12-02 | IIPR | INNOVATIVE INDUSTRIAL PROPERTIES INC | Kreitzer Gary A | Director | BUY | $20.00 | 25,000 | $500,000 | 25,000 |
| 2016-11-30 21:24 | 2016-11-29 | FRPH | FRP HOLDINGS, INC. | Klopfenstein John D | Officer | OPT+S | $38.31 | 1,800 | $68,951 | 0 |
| 2016-11-30 18:00 | 2016-11-28 | HPP | Hudson Pacific Properties, Inc. | FRIED RICHARD B | Director | SELL | $32.50 | 1,165,918 | $37,892,335 | 1,165,922 |
| 2016-11-10 00:50 | 2016-11-07 | FRPH | FRP HOLDINGS, INC. | MILTON JOHN D JR | Officer | OPT+S | $32.55 | 2,500 | $81,363 | 0 |
| 2016-11-10 01:46 | 2016-11-07 | CBG | CBRE GROUP, INC. | ValueAct Holdings, L.P. | Director, 10% owner | BUY | $26.95 | 1,200,000 | $32,336,520 | 41,873,250 |
| 2016-11-09 02:39 | 2016-11-04 | AHH | Armada Hoffler Properties, Inc. | Haddad Louis S | Director, Officer | BUY | $13.30 | 10,000 | $133,000 | 205,868 |
| 2016-11-05 00:42 | 2016-11-02 | CBG | CBRE GROUP, INC. | ValueAct Holdings, L.P. | Director, 10% owner | BUY | $25.79 | 3,836,006 | $98,942,103 | 40,673,250 |
| 2016-11-04 01:24 | 2016-11-01 | CIGI | Colliers International Group Inc. | SPRUCE HOUSE PARTNERSHIP LP | 10% owner | BUY | $35.63 | 504,911 | $17,991,494 | 5,867,419 |
| 2016-11-02 01:47 | 2016-10-28 | CBG | CBRE GROUP, INC. | ValueAct Holdings, L.P. | Director, 10% owner | BUY | $25.80 | 2,217,190 | $57,208,823 | 36,837,244 |
| 2016-10-31 23:49 | 2016-10-27 | CIGI | Colliers International Group Inc. | SPRUCE HOUSE PARTNERSHIP LP | 10% owner | BUY | $37.65 | 976,357 | $36,755,545 | 5,362,508 |
| 2016-10-28 22:18 | 2016-10-26 | FRPH | FRP HOLDINGS, INC. | MILTON JOHN D JR | Officer | OPT+S | $32.00 | 2,500 | $80,000 | 0 |
| 2016-10-11 18:13 | 2016-10-03 | FRPH | FRP HOLDINGS, INC. | DEVILLIERS DAVID H JR | Officer | SELL | $30.83 | 1,250 | $38,534 | 11,363 |
| 2016-10-05 23:56 | 2016-10-04 | CIGI | Colliers International Group Inc. | SPRUCE HOUSE PARTNERSHIP LP | 10% owner | BUY | $42.05 | 133,800 | $5,626,022 | 4,386,151 |
| 2016-10-05 02:24 | 2016-09-30 | BFCF-BFCFB | BBX Capital Corp | WISE SETH M | Director, Officer | BUY | $0.00 | 258,859 | $0 | 1,325,286 |
| 2016-10-05 02:22 | 2016-09-30 | BFCF-BFCFB | BBX Capital Corp | LEVAN JARETT | Director, Officer | BUY | $0.00 | 258,859 | $0 | 1,326,884 |
| 2016-10-05 02:20 | 2016-09-30 | BFCF-BFCFB | BBX Capital Corp | LEVAN ALAN B | 10% owner | BUY | $0.00 | 506,552 | $0 | 2,943,728 |
| 2016-10-05 02:11 | 2016-09-30 | BFCF-BFCFB | BBX Capital Corp | ABDO JOHN E | Director, Officer, 10% owner | BUY | $0.00 | 506,552 | $0 | 4,814,330 |
| 2016-09-19 18:03 | 2016-09-15 | CIGI | Colliers International Group Inc. | SPRUCE HOUSE PARTNERSHIP LP | 10% owner | BUY | $41.62 | 120,000 | $4,994,400 | 4,252,351 |
| 2016-09-10 00:35 | 2016-09-07 | CBG | CBRE GROUP, INC. | LAFITTE MICHAEL J | Officer | SELL | $29.90 | 25,000 | $747,550 | 338,053 |
| 2016-09-08 19:15 | 2016-09-06 | FRPH | FRP HOLDINGS, INC. | MILTON JOHN D JR | Officer | OPT+S | $32.73 | 2,500 | $81,825 | 27,500 |
| 2016-09-08 01:12 | 2016-09-06 | CBG | CBRE GROUP, INC. | Frese Calvin W Jr | Officer | SELL | $29.90 | 39,475 | $1,180,397 | 259,341 |
| 2016-09-08 01:11 | 2016-09-06 | CBG | CBRE GROUP, INC. | Midler Laurence H | Officer | SELL | $29.93 | 11,867 | $355,148 | 104,059 |
| 2016-09-02 23:46 | 2016-08-31 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | BUY | $44.51 | 200 | $8,902 | 3,478,750 |
| 2016-09-02 18:47 | 2016-09-01 | FRPH | FRP HOLDINGS, INC. | DEVILLIERS DAVID H JR | Officer | SELL | $33.45 | 1,250 | $41,813 | 12,613 |
| 2016-09-01 23:48 | 2016-08-30 | CBG | CBRE GROUP, INC. | KIRK J. CHRISTOPHER | Officer | SELL | $29.79 | 17,739 | $528,516 | 137,176 |
| 2016-08-31 23:56 | 2016-08-02 | FRPH | FRP HOLDINGS, INC. | DEVILLIERS DAVID H JR | Officer | SELL | $35.00 | 606 | $21,210 | 13,863 |
| 2016-08-29 23:44 | 2016-08-25 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | BUY | $45.15 | 24,700 | $1,115,163 | 3,478,550 |
| 2016-08-24 00:14 | 2016-08-19 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | BUY | $45.88 | 100 | $4,588 | 3,453,850 |
| 2016-08-19 00:15 | 2016-08-16 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | BUY | $46.65 | 10,000 | $466,450 | 3,453,750 |
| 2016-08-17 02:06 | 2016-08-16 | CBG | CBRE GROUP, INC. | Frese Calvin W Jr | Officer | SELL | $29.57 | 11,674 | $345,221 | 332,879 |
| 2016-08-16 01:12 | 2016-08-11 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | BUY | $47.61 | 10,000 | $476,050 | 3,443,750 |
| 2016-08-16 01:12 | 2016-08-11 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | SELL | $47.82 | 750 | $35,865 | 3,433,750 |
| 2016-08-11 00:02 | 2016-08-08 | CBG | CBRE GROUP, INC. | GROCH JAMES R | Officer | SELL | $30.00 | 20,000 | $600,000 | 0 |
| 2016-08-09 17:17 | 2016-08-05 | FRPH | FRP HOLDINGS, INC. | Klopfenstein John D | Officer | OPT+S | $34.98 | 2,400 | $83,945 | 300 |
| 2016-08-09 03:00 | 2016-08-04 | CBG | CBRE GROUP, INC. | ValueAct Holdings, L.P. | Director, 10% owner | BUY | $28.50 | 182,060 | $5,188,710 | 34,620,054 |
| 2016-08-04 00:24 | 2016-08-01 | CBG | CBRE GROUP, INC. | ValueAct Holdings, L.P. | Director, 10% owner | BUY | $28.31 | 1,502,200 | $42,525,630 | 34,437,994 |
| 2016-08-02 15:44 | 2016-08-01 | FRPH | FRP HOLDINGS, INC. | DEVILLIERS DAVID H JR | Officer | SELL | $35.45 | 644 | $22,830 | 14,469 |
| 2016-07-21 22:37 | 2016-07-21 | HPP | Hudson Pacific Properties, Inc. | FRIED RICHARD B | Director | SELL | $30.32 | 804,627 | $24,396,291 | 2,331,840 |
| 2016-07-22 00:44 | 2016-07-19 | SRG | Seritage Growth Properties | BERKOWITZ BRUCE R | 10% owner | SELL | $48.63 | 9,648 | $469,182 | 3,493,750 |
| 2016-07-21 22:02 | 2016-07-21 | TRC | TEJON RANCH CO | TISCH DANIEL R | Director, 10% owner | BUY | $23.64 | 885 | $20,921 | 29,440 |
| 2016-07-12 02:03 | 2016-07-07 | CIGI | Colliers International Group Inc. | SPRUCE HOUSE PARTNERSHIP LP | 10% owner | BUY | $34.60 | 266,288 | $9,214,097 | 4,132,351 |
| 2016-07-06 03:57 | 2016-07-01 | FRPH | FRP HOLDINGS, INC. | DEVILLIERS DAVID H JR | Officer | SELL | $33.72 | 1,250 | $42,150 | 15,113 |
Sector-Wide Insider Alpha
Analyzing insider movements across the Real Estate sector provides a macro-view of executive conviction. When multiple leaders in different companies within the same SIC code (6500) simultaneously buy shares, it often indicates an industry-wide undervaluation or a positive shift in market cycles.
SEC Filings in Real Estate
Every transaction in the Real Estate industry is reported via Form 4 disclosures. By filtering these filings by industry, investors can detect institutional-scale sentiment shifts before they are reflected in broader market indices, following the capital flow of those with intimate industry knowledge.
UNDERSTANDING THE DATA
FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.
TRADE DATE: The actual day the insider executed the purchase or sale in the market.
INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.
OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.
CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.
TRADE TYPES DEFINITIONS
BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.
SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.
OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.