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Strawberry fields REIT CEO Moishe Gubin buys $2.8 million in shares

Published 10/12/2024, 12:40 am
STRW
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In a recent series of transactions, Moishe Gubin, CEO of Strawberry Fields REIT, Inc. (NASDAQ:STRW), acquired a significant number of shares in the company. The timing is notable as the stock has declined nearly 20% in the past week, according to InvestingPro data. Over the course of three days, Gubin purchased a total of 250,567 shares, with the aggregate transaction value amounting to approximately $2.8 million. The shares were acquired at prices ranging from $10.00 to $12.11 per share. These purchases were made through Gubin Enterprises Limited, and following these transactions, Gubin now holds 700,667 shares indirectly. The CEO's purchase comes as the company maintains a strong 5.7% dividend yield and an overall GREAT financial health score. InvestingPro analysis suggests the stock is currently trading below its Fair Value, with 11 additional ProTips available to subscribers.

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