Carl Valeri the shareholder of New England Realty Associates Limited Partnership (NYSEAMERICAN:NEN), Made a Purchase of 100 Shares of the Company; Jericho Capital Asset Management LP Decreased By $41.89 Million Its 58 Com (WUBA) Stake

Jericho Capital Asset Management Lp decreased 58 Com Inc (WUBA) stake by 49.5% reported in 2017Q4 SEC filing. Jericho Capital Asset Management Lp sold 590,000 shares as 58 Com Inc (WUBA)’s stock rose 12.75%. The Jericho Capital Asset Management Lp holds 601,908 shares with $43.08M value, down from 1.19 million last quarter. 58 Com Inc now has $14.84B valuation. The stock decreased 1.67% or $1.47 during the last trading session, reaching $86.58. About 977,426 shares traded. 58.com Inc. (NYSE:WUBA) has risen 114.05% since May 4, 2017 and is uptrending. It has outperformed by 102.50% the S&P500.

A public document filed with the Security Exchange Commission on 03-05-2018 made public that Carl Valeri, the shareholder of New England Realty Associates Limited Partnership, ‘s company purchased 100 shares. With average share price of $68.0, the deal’s worth is $6,800 U.S Dollars. He also bought 200 shares with a market value $13,800 USD in the last month. The chance of this transaction remaining ignored is little as it’s new, with Carl Valeri now owning 202,740 shares —- that is 5.43% of the Company’s stock market capitalization.

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. The company has market cap of $249.31 million. It owns and operates various residential apartment buildings, condominium units, and commercial properties located in Massachusetts and New Hampshire. It has a 35.94 P/E ratio. As of February 1, 2018, the firm owned 2,632 residential apartment units in 22 residential and mixed-use complexes, and 19 condominium units in a residential condominium complex located primarily in the metropolitan Boston area of Massachusetts.