Power REIT CEO Purchases $1,780 in Stock (PW)
Power REIT (NYSE:PW) CEO David H. Lesser acquired 200 shares of the company’s stock in a transaction dated Thursday, July 10th. The stock was purchased at an average price of $8.90 per share, for a total transaction of $1,780.00. Following the completion of the acquisition, the chief executive officer now directly owns 312,370 shares in the company, valued at approximately $2,780,093. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Power REIT (NYSE:PW) traded up 1.98% on Monday, hitting $9.29. 500 shares of the company’s stock traded hands. Power REIT has a 52 week low of $7.77 and a 52 week high of $9.72. The stock has a 50-day moving average of $9.20 and a 200-day moving average of $9.19. The company’s market cap is $15.5 million.
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