It was revealed in a recent SEC filing that Matthew J Gould, Senior Vice President at BRT Apartments (NYSE:BRT) made a noteworthy insider purchase on April 15,.
What Happened: In a Form 4 filing on Monday with the U.S. Securities and Exchange Commission, it was disclosed that Gould bought 12,200 shares of BRT Apartments, amounting to a total of $206,048.
As of Tuesday morning, BRT Apartments shares are down by 0.0%, currently priced at $17.0.
Unveiling the Story Behind BRT Apartments
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.
BRT Apartments's Economic Impact: An Analysis
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 competitors, the company surpassed expectations with a growth rate higher than the average ...