WSR - Eye On Growth: Nandita Berry Adds $60K Of Whitestone REIT Stock To Portfolio | Benzinga
A new SEC filing reveals that Nandita Berry, Director at Whitestone REIT (NYSE:WSR), made a notable insider purchase on December 21,.
What Happened: Berry's recent purchase of 4,824 shares of Whitestone REIT, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, reflects confidence in the company's potential. The total transaction value is $60,010.
Whitestone REIT shares are trading down 0.41% at $12.21 at the time of this writing on Friday morning.
Delving into Whitestone REIT's Background
Whitestone REIT is a real estate investment trust (REIT) engaged in owning and operating commercial properties in culturally diverse markets in metropolitan areas. Its property portfolio includes retail and office/flex properties. The company's properties are located in business-friendly locations in and around Austin, Chicago, Dallas-Fort Worth, Houston, Phoenix, and San Antonio. The organization derives revenue in the form of rental revenues.
Whitestone REIT's Economic Impact: An Analysis
Revenue Growth: Whitestone REIT's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 4.96%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a ...