A significant insider buy by David F Taylor, Director at Whitestone REIT (NYSE:WSR), was executed on December 21, and reported in the recent SEC filing.
What Happened: In a Form 4 filing on Thursday with the U.S. Securities and Exchange Commission, it was disclosed that Taylor bought 4,824 shares of Whitestone REIT, amounting to a total of $60,010.
During Friday's morning session, Whitestone REIT shares down by 0.41%, currently priced at $12.21.
Get to Know Whitestone REIT Better
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.
Whitestone REIT: A Financial Overview
Revenue Growth: Whitestone REIT's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 4.96%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind ...