New insider activity at CBL & Associates Properties ( (CBL) ) has taken place on March 8, 2025.
Director Robert G Gifford has recently sold 3,100 shares of CBL & Associates Properties stock, amounting to a total transaction value of $68,200.
Recent Updates on CBL stock
CBL & Associates Properties recently announced the sale of Imperial Valley Mall for $38.1 million, which contributed to reducing its term loan principal balance and strengthening its balance sheet. This transaction aligns with the company’s strategic efforts to meet future financial obligations without additional capital beyond required amortization. Additionally, CBL’s financial results for 2024 showed positive same-center NOI growth, driven by favorable rent spreads, new leasing activity, and cost savings, despite a slight decline in Q4 revenue compared to the previous year. The company has also implemented new incentive plans for executives to align their performance with long-term company goals. These developments reflect CBL’s focus on improving financial stability and operational efficiency, which are key factors influencing recent stock evaluations.
More about CBL & Associates Properties
YTD Price Performance: -1.84%
Average Trading Volume: 184,049
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $935.5M