ARE Chief Accounting Officer Gavinet Andres sells 20.0K shares across 2 sales for $2.1M at blended $104.29 average price.
Gavinet Andres, Chief Accounting Officer of Alexandria Real Estate Equities, executed 2 separate sales totaling 19,999 shares for $2,085,596.75 on 2024-12-10 and 2024-12-11, at blended average price $104.29. The sale reduced his holdings by 20.1%, from 99,507 shares to 79,508 shares post-transaction. The current stock price is $102.67, down 23.6% from the 52-week high of $134.45 and declining 17.5% over the past 90 days, suggesting the insider sold during a period of weakness relative to recent highs. As a C-suite accounting officer, this sale is material in scale and merits investor attention given the position's fiduciary visibility into financial operations and risks.