AMH - Smart Money Move: DOUGLAS BENHAM Grabs $268K Worth Of American Homes 4 Rent Stock | Benzinga
It was revealed in a recent SEC filing that DOUGLAS BENHAM, Director at American Homes 4 Rent (NYSE:AMH) made a noteworthy insider purchase on May 9,.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that BENHAM purchased 11,581 shares of American Homes 4 Rent. The total transaction amounted to $268,946.
As of Friday morning, American Homes 4 Rent shares are up by 0.69%, currently priced at $36.65.
About American Homes 4 Rent
American Homes 4 Rent is a real estate investment trust primarily focused on acquiring, operating, and leasing single-family homes as rental properties throughout the United States. The company's real estate portfolio is largely comprised of single-family properties in urban markets in the Southern and Midwestern regions of the U.S. American Homes 4 Rent's land holdings also represent a sizable percentage of its total assets in terms of value. The company derives the vast majority of its income in the form of rental revenue from single-family properties through short-term or annual leases. The firm's largest geographical markets include Dallas, Texas; Indianapolis, Indiana; Atlanta, Georgia; and Charlotte, North Carolina in terms of the number of properties in each.
A Deep Dive into American Homes 4 Rent's Financials
Revenue Growth: American Homes 4 Rent's revenue growth over a period of 3 months has been ...