Vestin Realty Mortgage I CEO Michael V. Shustek Buys 15,000 Shares (VRTA)
Vestin Realty Mortgage I (NASDAQ:VRTA) CEO Michael V. Shustek bought 15,000 shares of the stock on the open market in a transaction that occurred on Monday, August 25th. The shares were purchased at an average cost of $1.49 per share, with a total value of $22,350.00. Following the purchase, the chief executive officer now directly owns 533,721 shares of the company’s stock, 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.
Vestin Realty Mortgage I (NASDAQ:VRTA) opened at 1.72 on Friday. 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 $1.52 and a 200-day moving average of $1.5. 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.
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