Insider Trading February 20, 2026

Camden Property Trust COO Sells $235,007 of Shares; Company Reports Strong EPS, Issues Debt

Laurie Baker offloads 2,168 shares while Camden posts a large EPS beat and prices $600M of senior notes

By Derek Hwang CPT
Camden Property Trust COO Sells $235,007 of Shares; Company Reports Strong EPS, Issues Debt
CPT

Summary: Laurie Baker, Executive Vice President and Chief Operating Officer of Camden Property Trust (CPT), sold 2,168 common shares on February 18, 2026, in two trades that totaled $235,007. The transactions were executed at prices between $108.398 and $108.465. Following the disposals, Baker directly owns 94,468 shares. Camden - an $11.4 billion market capitalization REIT - shows a year-to-date share decline of 1.35% and is identified as overvalued in InvestingPro analysis. The company has a 34-year consecutive dividend payment record with a current yield of 3.9%. In its fourth-quarter 2025 results, Camden reported earnings per share of $1.44 versus a $0.35 consensus, a 311.43% surprise, while revenue of $390.79 million slightly missed expectations of $393.39 million. The company also priced $600 million in senior unsecured notes - 10-year paper issued at 99.936% of par with a 4.900% coupon maturing on February 28, 2036, and interest payable semi-annually beginning August 28, 2026.

Key Points

  • Camden COO Laurie Baker sold 2,168 shares on February 18, 2026, in two transactions totaling $235,007 at prices between $108.398 and $108.465.
  • After the sales Baker directly owns 94,468 shares; Camden's stock is down 1.35% year-to-date and is judged overvalued by InvestingPro analysis; the REIT has paid dividends for 34 consecutive years with a 3.9% yield.
  • Camden posted a fourth-quarter 2025 EPS of $1.44 versus $0.35 expected (311.43% surprise), had revenue of $390.79 million versus $393.39 million expected (-0.66%), and priced $600 million of 10-year senior unsecured notes at a 4.900% coupon.

Insider sale details

Camden Property Trust's Executive Vice President and Chief Operating Officer, Laurie Baker, executed two separate sales of company common stock on February 18, 2026, disposing of a combined 2,168 shares. The trades occurred at prices spanning $108.398 to $108.465 per share and produced proceeds totaling $235,007. Those trade prices were close to the share price of $108.59 cited for the REIT, which carries an $11.4 billion market capitalization.

Post-transaction ownership

After these sales, Baker retains direct ownership of 94,468 Camden shares. The company's stock has declined 1.35% so far year-to-date. InvestingPro's valuation assessment lists the stock as appearing overvalued at present. Separately, Camden continues a long-standing dividend history, having paid distributions for 34 consecutive years and offering a current yield of 3.9%.

Quarterly results and revenue

Camden reported fourth-quarter 2025 results that included an earnings per share (EPS) figure of $1.44, versus an expectation of $0.35, representing a surprise of 311.43%. Revenue for the period totaled $390.79 million, narrowly missing the anticipated $393.39 million, a shortfall of 0.66% versus estimates.

Debt offering specifics

In addition to operational results, Camden announced the pricing of a $600 million offering of senior unsecured notes under its existing shelf registration. The 10-year notes were sold at 99.936% of par and carry a 4.900% coupon. These notes are set to mature on February 28, 2036, with semi-annual interest payments starting on August 28, 2026.

What these facts show

The insider sale, the mixed earnings and revenue results, and the completed debt issuance together outline a series of recent corporate actions and financial metrics that investors can evaluate when assessing Camden's current position. For investors seeking more detailed valuation and company analysis, a Pro Research Report covering Camden is available through InvestingPro.

Risks

  • Insider selling - The COO's sale of 2,168 shares may be noted by market participants and could influence sentiment toward the stock in the short term - impacts equity market perception within the real estate sector.
  • Revenue miss - Fourth-quarter revenue fell short of estimates by 0.66%, indicating potential top-line pressure even as EPS exceeded expectations - impacts investor views on operating performance and revenue-driven valuation.
  • Leverage and debt issuance - Pricing $600 million of senior unsecured notes increases the company's outstanding debt obligations and introduces interest payments tied to the 4.900% coupon - impacts credit profile and fixed-income considerations for the company.

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