Alexander’s (NYSE:ALX) Director Russell Wight, Jr. Sells 423 Shares of Stock

Posted by Brenda Bartman on Jun 11th, 2026

Alexander’s, Inc. (NYSE:ALX – Get Free Report) Director Russell Wight, Jr. sold 423 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $267.00, for a total transaction of $112,941.00. Following the transaction, the director owned 900 shares in the company, valued at $240,300. This represents a 31.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Alexander’s Price Performance

NYSE ALX opened at $267.83 on Thursday. Alexander’s, Inc. has a 12 month low of $201.28 and a 12 month high of $271.02. The company has a debt-to-equity ratio of 9.17, a current ratio of 6.92 and a quick ratio of 6.92. The firm has a market capitalization of $1.37 billion, a PE ratio of 66.96 and a beta of 0.78. The company’s 50 day simple moving average is $245.35 and its 200 day simple moving average is $235.88.

Alexander’s (NYSE:ALX – Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The real estate investment trust reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.08 by ($2.17). The business had revenue of $53.41 million during the quarter, compared to analyst estimates of $53.40 million. Alexander’s had a return on equity of 17.38% and a net margin of 9.72%. As a group, equities research analysts forecast that Alexander’s, Inc. will post 12.08 EPS for the current fiscal year.

Alexander’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Monday, May 11th were given a $4.50 dividend. The ex-dividend date was Monday, May 11th. This represents a $18.00 annualized dividend and a yield of 6.7%. Alexander’s’s payout ratio is 450.00%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ALX. Zacks Research lowered shares of Alexander’s from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Alexander’s in a research report on Monday, April 20th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Check Out Our Latest Report on Alexander’s

Hedge Funds Weigh In On Alexander’s

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC grew its position in Alexander’s by 962.3% during the 4th quarter. SG Americas Securities LLC now owns 10,952 shares of the real estate investment trust’s stock worth $2,387,000 after purchasing an additional 9,921 shares in the last quarter. M&T Bank Corp purchased a new position in Alexander’s during the 4th quarter worth approximately $60,372,000. JPMorgan Chase & Co. grew its position in Alexander’s by 40.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,230 shares of the real estate investment trust’s stock worth $4,509,000 after purchasing an additional 5,519 shares in the last quarter. UBS Group AG grew its position in Alexander’s by 31.5% during the 4th quarter. UBS Group AG now owns 30,784 shares of the real estate investment trust’s stock worth $6,709,000 after purchasing an additional 7,379 shares in the last quarter. Finally, May Hill Capital LLC grew its position in Alexander’s by 117.3% during the 4th quarter. May Hill Capital LLC now owns 4,890 shares of the real estate investment trust’s stock worth $1,066,000 after purchasing an additional 2,640 shares in the last quarter. 31.99% of the stock is currently owned by hedge funds and other institutional investors.

About Alexander’s

(Get Free Report)

Alexander’s (NYSE: ALX) is a publicly traded real estate investment trust focused on owning, leasing and managing commercial properties in the New York metropolitan area. The company’s portfolio encompasses office buildings, retail storefronts and parking facilities, all held on a wholly owned basis. By concentrating on prime urban and suburban locations, Alexander’s seeks to generate stable rental income and long-term asset appreciation.

Founded in 1928 as a family-run department store chain, Alexander’s transitioned during the early 1990s into a pure-play real estate company following the sale of its retail operations.