CHICAGO: Ventas (NYSE:VTR) CEO, Debra A. Cafaro, has sold 77,659 shares of the company’s stock at an average price of $75.05, for a total value of $5,828,307.95.
Following the completion of the sale, the chief executive officer now directly owns 517,086 shares in the company, valued at approximately $38,807,304. The transaction was disclosed in a filing with the SEC.
Analysts at Deutsche Bank reiterated a “hold” rating on shares of Ventas in a research note last Thursday.
Ventas, Inc is a real estate investment trust with a geographically diverse portfolio of seniors housing and healthcare properties throughout the United States, Canada and the UK.