Insider Buying: BRT Realty Trust major shareholder Purchases 37,081 Shares of Stock (BRT)
BRT Realty Trust (NYSE:BRT) major shareholder Investors L. P. Gould bought 37,081 shares of BRT Realty Trust stock in a transaction dated Thursday, May 22nd. The shares were purchased at an average price of $7.19 per share, with a total value of $266,612.39. Following the completion of the purchase, the insider now directly owns 2,840,198 shares of the company’s stock, valued at approximately $20,421,024. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Shares of BRT Realty Trust (NYSE:BRT) traded down 0.05% on Tuesday, hitting $7.0764. The stock had a trading volume of 1,419 shares. BRT Realty Trust has a 52 week low of $6.76 and a 52 week high of $7.66. The stock’s 50-day moving average is $7.17 and its 200-day moving average is $7.16. The company’s market cap is $101.2 million.
Separately, analysts at Trading Central upgraded shares of BRT Realty Trust from a “sell” rating to a “neutral” rating in a research note on Tuesday, April 8th.
BRT Realty Trust (NYSE:BRT) is a real estate investment trust (REIT).
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