(NYSE:DFT) shares saw light trading volume with 0 shares changing hands in the last trading session. Overall, volume was down 100.00% under the stocks normal daily volume.
Here is a rundown on some insider market activity for Dupont Fabros Technology, Inc. (NYSE:DFT). Frederic V. Malek, Director disclosed the sale of 17,000 shares. The shares were sold on August 24th for an average price of $64.07. The Director now owns $5,431,534 of the stock per the Form 4 SEC filing. Michael A. Coke, Director reported the sale of 8,000 shares of DFT stock. The shares were purchased at an average price of $63.87. Coke now owns $1,293,878 of the stock according to the SEC filing.
These firms have modified their investment in DFT. As of the end of the quarter Squarepoint Ops LLC had acquired a total of 18,883 shares growing its stake by 439.1%. The value of the total investment in Dupont Fabros Technology, Inc. increased from $213,000 to $1,418,000 a change of 565.7% since the last quarter. As of quarter end Forsta Ap-fonden had bought 13,700 shares growing its position 141.2%. The value of the company’s investment in Dupont Fabros Technology, Inc. went from $481,000 to $1,431,000 increasing 197.5% quarter to quarter.
As of quarter end Cwh Capital Management, Inc. had disposed of 1,305 shares trimming its holdings by 1.3%. The value of the investment in (DFT) increased from $4,906,000 to $5,971,000 a change of $1,065,000 quarter over quarter. Chartwell Investment Partners, LLC trimmed its ownership by selling 11,875 shares a decrease of 4.2% in the quarter. Chartwell Investment Partners, LLC currently owns 270,160 shares valued at $16,523,000. The total value of its holdings increased 18.1%.
On July 18 Barclays kept the company rating at “Overweight” but raised the price target from $52.00 to $68.00.
The company is now down by 2.31% percent from yesterday’s close. The stock is trading at $66.31 barely above $64.75, the 50 day moving average and significantly above the 200 day moving average of $57.90. The 50 day moving average was up $1.56 and the 200 day average went up by +14.53%.
Dupont Fabros Technology, Inc. currently has a P/E ratio of 40.38 and the market cap is 5.14B.
DuPont Fabros Technology, Inc. (DFT), launched on March 1, 2007, is a real estate investment trust (REIT). The Company owns, acquires, develops and operates wholesale data centers. The Business’s customers include national and international enterprises across various industries, such as technology, Internet, content providers, cloud providers, media, communications, healthcare and financial services. Its data centers are located in four population centers: Northern Virginia; suburban Chicago, Illinois; Piscataway, New Jersey, and Santa Clara, California. As of December 31, 2016, the Company owned various properties, including 11 operating data centers facilities; five phases of existing data center facilities under development; one shell of a data center under development; two data center facilities with a phase or phases available for development, and parcels of land held for development of four data centers..