Greg Flamion, Chief Monetary Officer of Strawberry Fields REIT, Inc. (NASDAQ: STRW), just lately bought 200 shares of the corporate’s widespread inventory. The transaction, dated December 18, 2024, was executed at a value of $9.86 per share, totaling roughly $1,972. Following this acquisition, Flamion now immediately owns 300 shares. This determination demonstrates the continued curiosity of monetary administration within the firm’s shares. Strawberry Fields REIT is an actual property funding belief based mostly in South Bend, Indiana. The $557 million market cap has demonstrated sturdy efficiency, gaining 45% year-to-date. InvestPro The evaluation exhibits that the inventory presently affords a dividend yield of 5.26% and has elevated its dividends for 3 years in a row. Analysts keep a bullish outlook, with value targets starting from $13 to $15 per share. InvestingPro subscribers have entry to eight extra key insights on STRW’s valuation and progress prospects.
Individually, Strawberry Fields REIT introduced the appointment of three new impartial administrators to its board of administrators. Stanford Gertz, Ted Lerman and Mark L. Myers have formally joined the corporate’s board of administrators. This determination is a part of the Firm’s governance and oversight technique, and these administrators meet the independence necessities as outlined by the NYSE American Itemizing Requirements.
The corporate has not disclosed any associated social gathering transactions or different agreements involving the brand new administrators. Gertz, Lerman and Myers will obtain compensation for his or her service on the board, though particulars of the compensation preparations haven’t been detailed.
By way of monetary well being, Strawberry Fields REIT stays in a powerful place, with a powerful gross revenue margin of 86.9% and income progress of 14.5% over the trailing twelve months. The corporate’s good present ratio of 5.89 signifies sturdy liquidity. These latest developments are anticipated to probably affect the long run path and oversight of the corporate.
This text was generated with the assist of AI and reviewed by an editor. For extra info, seek the advice of our Normal Phrases and Situations.
#Strawberry #Fields #REIT #CFO #Greg #Flamion #Buys #Inventory #Investing.com , #Gossip247
,
