Matthew J Gould, Senior Vice President at BRT Apartments (NYSE:BRT), reported an insider buy on April 9, according to a new SEC filing.
What Happened: Gould made a significant move by purchasing 12,299 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 $207,214.
The latest market snapshot at Wednesday morning reveals BRT Apartments shares down by 0.0%, trading at $17.69.
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
Revenue Growth: Over the 3 months period, BRT Apartments showcased positive performance, achieving a revenue growth rate of 3.51% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Navigating Financial Profits:
Gross ...