Insider Buying: Fredric H. Gould Acquires 3,715 Shares of BRT Realty Trust Stock (BRT)

BRT Realty Trust (NYSE:BRT) Director Fredric H. Gould acquired 3,715 shares of BRT Realty Trust stock on the open market in a transaction dated Tuesday, December 30th. The shares were purchased at an average cost of $6.95 per share, with a total value of $25,819.25. Following the completion of the acquisition, the director now directly owns 258,521 shares of the company’s stock, valued at approximately $1,796,721. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of BRT Realty Trust (NYSE:BRT) opened at 6.98 on Thursday. BRT Realty Trust has a 52-week low of $6.90 and a 52-week high of $7.76. The stock’s 50-day moving average is $7.12 and its 200-day moving average is $7.23. The company’s market cap is $99.8 million.

BRT Realty Trust (NYSE:BRT) last issued its quarterly earnings data on Thursday, December 11th. The company reported $0.04 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.07 by $0.03. The company had revenue of $19.40 million for the quarter.

BRT Realty Trust (NYSE:BRT) originates and holds for investment senior mortgage loans secured by commercial and multi-family real estate property in the United States.

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