Media coverage about Reis (NASDAQ:REIS) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Reis earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 46.4814040059713 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern’s rankings:
- Reis Inc (REIS) Receives Consensus Rating of “Strong Buy” from Analysts (americanbankingnews.com)
- BRADBERRY: A new day is dawning in Niagara Falls (niagara-gazette.com)
- Lawmakers Send Christie Bill Offering Amazon Tax Breaks for HQ (bloomberg.com)
- Reis, Inc. to Present at the 20th Annual Needham Growth Conference (markets.financialcontent.com)
A number of research firms have commented on REIS. Zacks Investment Research downgraded shares of Reis from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. B. Riley reissued a “buy” rating and set a $26.00 target price on shares of Reis in a research report on Wednesday, November 8th. Finally, ValuEngine raised shares of Reis from a “sell” rating to a “hold” rating in a research report on Friday, September 22nd. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $23.33.
In other news, CFO Mark P. Cantaluppi sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $20.25, for a total value of $81,000.00. Following the sale, the chief financial officer now directly owns 116,508 shares in the company, valued at approximately $2,359,287. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO William Sander sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $20.26, for a total transaction of $101,300.00. The disclosure for this sale can be found here. Insiders sold a total of 12,000 shares of company stock worth $240,800 over the last 90 days. Company insiders own 21.60% of the company’s stock.
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Reis Company Profile
Reis, Inc (Reis) is engaged in providing commercial real estate market information and analytical tools to real estate professionals, through its Reis Services subsidiary. The Company operates through Reis Services segment. It maintains a database containing detailed information on commercial properties in metropolitan markets and neighborhoods throughout the United States.
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