Terreno Realty Corp CFO Jaime Cannon sells $245,872 in stock By Investing.com

Terreno Realty Corp () Chief Financial Officer Jaime Jackson Cannon sold shares of the company’s common stock valued at $245,872 on August 10, 2026.

The transaction involved the disposition of 3,602 shares at a price of $68.26 per share, slightly below the current stock price of $68.36. Following this sale, Ms. Cannon directly holds 114,787 shares of Terreno Realty Corp common stock. She also indirectly beneficially owns 73,202 shares through a Rabbi Trust.The industrial REIT, with a market cap of $7.45 billion, trades at a P/E ratio of 18.48 and offers a dividend yield of 3.34%. According to InvestingPro analysis, the stock appears slightly overvalued relative to its Fair Value. Notably, the company has raised its dividend for 12 consecutive years, with access to 7 additional ProTips available to subscribers.

In other recent news, Terreno Realty Corporation reported a quarter-end occupancy rate of 97.6% as of June 30, 2026, showing a slight increase from the prior quarter. The company also acquired four properties containing six buildings, totaling approximately 518,000 square feet, for $172.3 million during the second quarter. Year-to-date acquisitions have reached $274.1 million across eight buildings. Additionally, Terreno Realty acquired an industrial property in Hialeah Gardens, Florida, for approximately $56.3 million, which includes a 98,000-square-foot industrial distribution building.

On the analyst front, Citizens reiterated a Market Outperform rating for Terreno Realty, citing a strong balance sheet with ample liquidity and low leverage. KeyBanc also maintained an Overweight rating with a $72.00 price target, noting the company’s recent acquisition activities. Meanwhile, Raymond James initiated coverage with an Underperform rating, mentioning the company’s $800 million acquisition pipeline and favorable cost of capital. These developments highlight Terreno Realty’s ongoing investment activities and varying analyst perspectives on its future prospects.

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