Regency Centers' Officer Terah Devereaux Sells Shares
Terah Devereaux, Regency Centers' Principal Accounting Officer, sold 620 shares.
Key Points
- Terah Devereaux, the Principal Accounting Officer at Regency Centers, sold 620 shares on June 12, 2026.
- Regency Centers has a market cap of about $14.7 billion and a P/E ratio of 27.6, with shares trading around $80.28.
- Analysts have set price targets ranging from $80 to $90, with a consensus rating of 'buy'.
On June 12, 2026, Terah Devereaux, the Principal Accounting Officer at Regency Centers Corporation, sold 620 shares of the company. This insider transaction was not part of a pre-arranged trading plan. Regency Centers, trading on the NasdaqGS under the ticker REG, saw its shares around $80.28 at the time of the sale.
Insider Buying and Selling at Regency Centers Corporation
Terah Devereaux, who also sold 1,240 shares at an average price of $80.14, executed these transactions on June 12, 2026. Other recent insider activities include Karin Klein purchasing 1,807 shares on May 11, 2026, and multiple insiders, including Gary Anderson and Thomas Furphy, selling smaller amounts on the same day.
Other Institutional Activity in Regency Centers
Several major institutional investors have adjusted their positions in Regency Centers. BlackRock, Inc. reduced its stake by 601,060 shares, ending with 20,715,473 shares valued at about $1.57 billion. Vanguard Portfolio Management LLC initiated a new position with 14,988,914 shares worth approximately $1.13 billion. State Street Corp trimmed its holdings by 308,596 shares, resulting in 12,264,280 shares valued at about $936.9 million. Meanwhile, JPMorgan Chase & Co increased its position slightly by 91,825 shares, holding a total of 10,283,412 shares valued at around $770.1 million.
Regency Centers Stock Snapshot
Shares of NasdaqGS:REG traded near $80.28. Regency Centers has a market cap of approximately $14.7 billion and a P/E ratio of 27.6. The stock's 52-week range is between $66.86 and $81.66, with a 50-day moving average of $78.45 and a 200-day moving average of $73.77. The company maintains a current ratio of 1.036 and a debt-to-equity ratio of 73.218.
Recent Earnings
Regency Centers reported revenue of $1.65 billion, reflecting a 10% growth. The company achieved a net margin of 33.1% and a return on equity of 8%. Earnings per share stood at $2.91. The next earnings report is expected on July 29, 2026.
Dividend
The company offers an annual dividend rate of $3.02, yielding 3.76%, with a payout ratio slightly above 100%. Regency Centers is known for consistent dividend payments, appealing to income-focused investors.
Analysts Set New Price Targets
On May 26, 2026, Wells Fargo maintained a 'buy' rating with an $88 price target. UBS and Barclays also maintained their ratings, with UBS setting a target of $81 and Barclays at $90. The consensus among 19 analysts is a 'buy' recommendation, with an average target price of $84.63.
About Regency Centers
Regency Centers Corporation is a real estate investment trust (REIT) focusing on acquiring, developing, and operating retail properties in suburban areas across the U.S. The company, based in Jacksonville, Florida, was established in 1963 and has been a part of the S&P 500 Index since 2017. Under the leadership of CEO Lisa Palmer, Regency Centers manages a portfolio that includes shopping centers anchored by productive retailers.
Bottom Line
The recent insider sales by Terah Devereaux at Regency Centers provide a glimpse into the company’s internal activities. Investors often track such transactions for insights, though they do not necessarily indicate future stock performance. Regency Centers continues to show solid fundamentals and remains an attractive option for investors, as indicated by the analyst consensus and the company's strong dividend offerings.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.