Douglas Emmett Inc – (DEI, +1, September 12th)
In early September, Jordan Kaplan (CEO since 2005) purchased $1 million worth of stock, David Feinberg (Director since 2016) spent $508,000, and Shirley Wang (Director since April 2022) spends $6 million. These are first-time purchases for both Feinberg and Wang but show confidence in their size. Feinberg has been on the board since 2016, yet is only now buying shares.
We ranked this stock +N on September 2nd based on purchases from Leslie Bider (Director since 2006), and William Simon (Director since 2012), each spending $500,000. We now have four directors making large purchases, along with the CEO and are upgrading the shares further, from +N to +1.
We are ranking the stock +1.