PK - Insider-Buying In Hersha Hospitality Bodes Well For Small Cap Investors

• Management and directors at Hersha Hospitality (HT) have purchased 434,729 shares in 2020 at an average cost of $8.27/share. There have been NO sales.
• During the Financial Crisis in 2008-10, the same management combined to purchase 549,177 shares at an average cost of $3.39/share.
• When the crisis passed, these officers sold 3.1 million shares over the next 4 years at an average price of $6.34/share, for an 87% return.
• The company is approaching cash flow break-even at the property level at 40% occupancy rates.

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