Matthew J Gould, Senior Vice President at BRT Apartments (NYSE:BRT), reported an insider buy on March 27, according to a new SEC filing.
What Happened: Gould made a significant move by purchasing 22,214 shares of BRT Apartments as reported in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction's total worth stands at $360,842.
BRT Apartments's shares are actively trading at $16.77, experiencing a up of 1.95% during Thursday's morning session.
Delving into BRT Apartments's Background
BRT Apartments Corp is a real estate investment trust company. The company is primarily focused on the ownership, operation, and development of multi-family properties. BRT also owns and operates other real estate assets. All of the Company's assets are comprised of multi-family real estate assets generally leased to tenants on a one-year basis.
A Deep Dive into BRT Apartments's Financials
Positive Revenue Trend: Examining BRT Apartments's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.51% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the ...