Insider Buying: Hersh Kozlov Purchases 5,000 Shares of Resource America Stock (REXI)
Resource America (NASDAQ:REXI) Director Hersh Kozlov purchased 5,000 shares of Resource America stock in a transaction that occurred on Tuesday, May 13th. The stock was purchased at an average price of $9.26 per share, for a total transaction of $46,300.00. Following the completion of the transaction, the director now directly owns 51,000 shares in the company, valued at approximately $472,260. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Resource America (NASDAQ:REXI) traded down 2.19% during mid-day trading on Thursday, hitting $8.47. The stock had a trading volume of 26,086 shares. Resource America has a one year low of $7.31 and a one year high of $10.25. The stock has a 50-day moving average of $8.53 and a 200-day moving average of $8.93. The company has a market cap of $172.5 million and a price-to-earnings ratio of 27.94.
Resource America, Inc is a specialized asset management company, which evaluates, originates, services and manages investment opportunities through its real estate, commercial finance and financial fund management subsidiaries.
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