In a recent SEC filing, it was revealed that Amy S. Feng, Director at Whitestone REIT (NYSE:WSR), made a noteworthy insider purchase on December 21,.
What Happened: Feng demonstrated confidence in Whitestone REIT by purchasing 4,824 shares, as reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total value of the transaction is $60,010.
Whitestone REIT shares are trading down 0.41% at $12.21 at the time of this writing on Friday morning.
About Whitestone REIT
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.
Key Indicators: Whitestone REIT's Financial Health
Revenue Growth: Whitestone REIT's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 4.96%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue ...