UHT - Universal Health Realty Insider Trades SendAa Signal | Benzinga
Robert F McCadden, Board Member at Universal Health Realty (NYSE:UHT), reported an insider buy on May 9, according to a new SEC filing.
What Happened: In a significant move reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, McCadden purchased 2,000 shares of Universal Health Realty, demonstrating confidence in the company's growth potential. The total value of the transaction stands at $74,760.
Tracking the Friday's morning session, Universal Health Realty shares are trading at $37.74, showing a up of 0.43%.
Delving into Universal Health Realty's Background
Universal Health Realty Income Trust is a healthcare REIT. The company is engaged in the business of investing in and leasing healthcare and human service facilities through direct ownership or through joint ventures, which aggregate into a single reportable segment. The company actively manages a portfolio of healthcare and human service facilities. The revenue and net income are generated from the operation of the investment portfolio which is located throughout the United States.
Financial Milestones: Universal Health Realty's Journey
Revenue Growth: Universal Health Realty's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 8.25%. ...