Insider Buying: Richard H. Ross Buys 1,377 Shares of Trade Street Residential Stock (TSRE)
Trade Street Residential (NASDAQ:TSRE) CFO Richard H. Ross bought 1,377 shares of Trade Street Residential stock on the open market in a transaction that occurred on Thursday, January 16th. The shares were purchased at an average price of $6.33 per share, with a total value of $8,716.41. Following the completion of the transaction, the chief financial officer now directly owns 3,277 shares of the company’s stock, valued at approximately $20,743. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Trade Street Residential (NASDAQ:TSRE) traded up 4.34% on Tuesday, hitting $7.21. The stock had a trading volume of 32,009 shares. Trade Street Residential has a 1-year low of $0.0904 and a 1-year high of $16.4338. The stock’s 50-day moving average is $5.83 and its 200-day moving average is $5.95. The company has a market cap of $82.7 million and a price-to-earnings ratio of 19.14.
Trade Street Residential, Inc, is a full service, vertically integrated, self-administered and self-managed corporation focused on acquiring, owning, operating and managing garden-style and mid-rise apartment communities in mid-sized cities and suburban submarkets primarily in the southeastern United States, including Texas.
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