Disclosed in the latest SEC filing, a significant insider purchase on April 22, involves Matthew J Gould, Senior Vice President at BRT Apartments (NYSE:BRT).
What Happened: Gould's recent purchase of 18,350 shares of BRT Apartments, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, reflects confidence in the company's potential. The total transaction value is $306,462.
As of Tuesday morning, BRT Apartments shares are up by 0.62%, currently priced at $17.86.
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.
BRT Apartments: Financial Performance Dissected
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. When compared to others in the Real Estate sector, the company excelled with ...