Insider Buying Spurs Optimism for Cousins Properties
On February 2 2026, senior executive Jeffrey D. Symes, vice‑president and chief accounting officer of Cousins Properties, completed a purchase of 5,348 shares of the company’s common stock. The transaction was executed at $24.84 per share, slightly below the market close of $25.40, indicating a willingness to acquire stock even when the market appears marginally over‑valued. The buy coincided with the vesting of restricted‑stock units from the 2019 incentive plan, a timing that suggests a strategic confidence in the firm’s long‑term trajectory.
Contextualizing the Transaction
The purchase follows a period of mixed insider activity: Symes sold 4,612 shares in September 2025 at $29.30, and the chief executive, chief financial officer, and several executive‑vice‑president level officers have all added substantial long‑term positions on the same day. This cluster of purchases reflects a broader sentiment of faith in Cousins’ growth prospects, especially within the high‑growth Sun Belt office markets that the company has identified as its core focus.
Investor Implications
Cousins’ recent quarterly performance, combined with a market capitalization of $4.24 billion and a 52‑week high of $31.36, positions the stock at a modest 16 % discount to its peak. The insider buying activity, coupled with a 4.7 % weekly gain, suggests that management believes its asset‑acquisition pipeline and portfolio‑optimisation initiatives will sustain upward momentum. However, the 15 % decline over the year and a 1.9 % monthly dip highlight lingering market caution regarding the broader real‑estate environment. Investors should therefore monitor vacancy rates, refinancing risk, and the impact of macro‑economic cycles on office demand.
Symes’ Trading Pattern
Symes’ trading history demonstrates a disciplined approach to equity. The September 2025 sale likely served to diversify holdings or meet liquidity needs, while the February 2026 purchase—executed upon RSU vesting—signals a belief that the long‑term prospects of Cousins outweigh short‑term market fluctuations. As chief accounting officer, Symes has intimate knowledge of the company’s financial health; his decision to buy upon vesting indicates confidence in the trust’s cash‑flow generation and debt‑management strategy.
Forward‑Looking Analysis
Cousins’ focus on Class A office assets in fast‑growing markets positions it to benefit from rising corporate demand and limited supply in the Sun Belt. The recent insider buying spree, coupled with disciplined capital allocation, could presage a rebound in share price as the real‑estate market recovers. While the insider activity is a positive signal—particularly when paired with solid fundamentals and a market‑price discount—investors must remain vigilant given the sector’s sensitivity to economic cycles and interest‑rate shifts.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026‑02‑02 | Symes Jeffrey D (SVP, Chief Accounting Officer) | Buy | 5,348 | 24.84 | Common Stock |
| 2026‑02‑02 | Roper Pamela F (EVP, General Counsel) | Buy | 11,558 | 24.84 | Common Stock |
| 2026‑02‑02 | MCCOLL John S (Executive Vice President) | Buy | 15,772 | 24.84 | Common Stock |
| 2026‑02‑02 | Hickson Richard G IV (Executive Vice President) | Buy | 15,432 | 24.84 | Common Stock |
| 2026‑02‑02 | Hicks Jane Kennedy (EVP, Chief Investment Officer) | Buy | 20,679 | 24.84 | Common Stock |
| 2026‑02‑02 | ADZEMA Gregg D (EVP and CFO) | Buy | 32,505 | 24.84 | Common Stock |
| 2026‑02‑02 | Connolly Michael Colin (President & CEO) | Buy | 84,420 | 24.84 | Common Stock |




