Tanger Factory Outlet Centers Inc
NYSE:SKT
We don't have any information about SKT's insider trading.
Tanger Factory Outlet Centers Inc
Glance View
Tanger Factory Outlet Centers Inc., rooted in a rich history, has carved a distinct niche within the retail real estate sector. Founded by Stanley K. Tanger in 1981, this company pioneered the open-air outlet shopping experience, transforming it into a mainstream retail concept. Tanger's business model capitalizes on owning, operating, and developing high-quality outlet centers across North America. Each center is strategically positioned in diverse locations often within proximity to major metropolitan areas or popular vacation destinations, drawing a consistent flow of price-conscious consumers seeking premium brands at reduced prices. The company thrives by leasing retail space to renowned brand-name manufacturers, offering them a direct-to-consumer channel to clear inventory and showcase their products. Revenue generation at Tanger is tied intrinsically to its tenants' success and the company's ability to maintain high occupancy rates. It employs a flexible leasing strategy that blends fixed base rents with variable income streams such as percentage rent, which ties lease payments to tenant sales performance. This structure aligns Tanger's interests with those of its tenants, as higher sales translate into increased rent revenues. Furthermore, the company is adept at incorporating marketing and events to attract foot traffic, enhancing the shopping experience to encourage consumer spending. Such initiatives ensure steady income flows while mitigating the impact of retail cycles, supporting their sustained growth within a competitive industry landscape.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
You don't have any saved screeners yet