SBRA - Eye On Growth: Catherine Cusack Adds $101K Of Sabra Health Care REIT Stock To Portfolio | Benzinga
A significant insider buy by Catherine Cusack, Director at Sabra Health Care REIT (NASDAQ:SBRA), was executed on May 23, and reported in the recent SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday unveiled that Cusack made a notable purchase of 7,000 shares of Sabra Health Care REIT, valuing at $101,010.
The latest update on Friday morning shows Sabra Health Care REIT shares up by 1.73%, trading at $14.39.
Unveiling the Story Behind Sabra Health Care REIT
Sabra Health Care REIT Inc is a healthcare facility real estate investment trust. The company operates one segment that owns and invests in healthcare real estate. All of the company's revenue is generated in the United States. Sabra's operations consist of nursing facilities, assisted living centers, and mental health facilities.
Unraveling the Financial Story of Sabra Health Care REIT
Positive Revenue Trend: Examining Sabra Health Care REIT's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.36% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a ...