After the transaction, Irsa Investments & Representations Inc's stake was reported as 16,105,630 shares of Hersha Hospitality Trust stock.
As noted on September 6, 2012, Irsa Investments & Representations Inc's sale was done indirectly through "See Footnote" over 1 transaction on September 4, 2012. The share price for the transaction was $4.86 according to the regulatory filing detailing the trade.
If we look over the past 12 months, Irsa Investments & Representations Inc has sold a total of 2,000,000 shares of Hersha Hospitality Trust, proceeds from the sale totaled $9,720,000. Over the same time period, Irsa Investments & Representations Inc has purchased no shares of Hersha Hospitality Trust stock.
Let's take a quick, high-level look at insider trading at Hersha Hospitality Trust over the past 12 months. A total of 4,327,968 shares of Hersha Hospitality Trust stock was sold by insiders, totaling $21,202,803. Over the same time 12 month time period, 51,000 shares of Hersha Hospitality Trust, for a total value of $237,467 were purchased by company insiders.
To view the complete SEC Filing: Hersha Hospitality Trust Form 4 (Insider Trading) SEC Filing
