Vestin Realty Mortgage I CEO Buys $22,350 in Stock (VRTA)
Vestin Realty Mortgage I (NASDAQ:VRTA) CEO Michael V. Shustek purchased 15,000 shares of the stock in a transaction dated Monday, August 25th. The shares were purchased at an average price of $1.49 per share, for a total transaction of $22,350.00. Following the completion of the transaction, the chief executive officer now directly owns 533,721 shares in the company, valued at approximately $795,244. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Vestin Realty Mortgage I (NASDAQ:VRTA) traded up 9.55% during mid-day trading on Thursday, hitting $1.72. The stock had a trading volume of 47,949 shares. Vestin Realty Mortgage I has a 52 week low of $1.35 and a 52 week high of $2.05. The stock has a 50-day moving average of $1.51 and a 200-day moving average of $1.52. The company’s market cap is $9.8 million.
Separately, analysts at Barclays initiated coverage on shares of Vestin Realty Mortgage I in a research note on Monday, July 14th. They set an “overweight” rating and a $45.00 price target on the stock.
Receive News & Ratings for Vestin Realty Mortgage I Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vestin Realty Mortgage I Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.