iStar Financial Inc. (NYSE:STAR), saw an insider lower her holdings in the company through a transaction completed today, August 14th. Chief Legal Officer and Chief Information Officer Nina Matis sold a total of 7,444 shares through two transactions at prices ranging from $14.61 to $14.83. After the completion of this transaction, Matis holds an overall amount of 340,723 shares directly in the corporation.
A $1.25 billion market cap company, iStar Financial Inc. (NYSE:STAR) is a is a real estate investment trust (REIT) that is a fully integrated finance and investment company focused on the commercial real estate industry. As well, the Company provides investment capital to high-end private and corporate owners of real estate and invests directly across a range of real estate sectors.
The largest outside hedge fund involvement comes from Diamond Hill Capital, the fund run by Ric Dillon. After lowering its activity by 10% last quarter, the fund has 5,066,063 shares worth approximately $74.8 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
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