Transaction details
Nadji Hessam, the chief executive officer of Marcus & Millichap, Inc. (NYSE: MMI), reported a sale of 1,300 shares of the company’s common stock on March 13, 2026. According to a Form 4 filing with the Securities and Exchange Commission, the shares were sold at a price of $25.6 per share, producing total proceeds of $33,280.
Quarterly results
In related corporate disclosures, Marcus & Millichap released its fourth-quarter 2025 financial results. The company reported earnings per share of $0.34 for the quarter, outpacing analysts’ consensus of $0.24. That difference represents a 41.67% positive surprise relative to the forecasted EPS.
Revenue for the quarter amounted to $244 million, which the company reported as slightly below expectations. Despite the revenue shortfall, market participants reacted favorably to the earnings release.
Market reaction and context
While revenue did not meet estimates, the stronger-than-expected EPS drew a positive response from investors. The combination of an insider sale by the CEO and an earnings beat with a revenue miss creates a mixed data set for market observers to assess.
Overview
The transaction and the quarterly results together highlight two contemporaneous developments for Marcus & Millichap: an executive share disposal and a profit performance that exceeded expectations even as top-line results came in slightly under forecasts. Both items have attracted attention from investors and analysts.
Notes
All transaction and financial details above are taken from the company’s Form 4 filing and its reported fourth-quarter 2025 results, including the EPS of $0.34, the consensus EPS forecast of $0.24, the revenue figure of $244 million, and the market reaction described by the company’s reporting. The sale by the CEO is recorded at 1,300 shares at $25.6 per share for total proceeds of $33,280.