Michael Blisko, a director at Strawberry Fields REIT, Inc. (NASDAQ:STRW), recently increased his stake in the company by purchasing 400 shares of common stock. The transaction, which took place on December 4, 2024, was executed at a price of $12 per share, amounting to a total value of $4,800. The stock currently trades at $10.29, having declined about 18% over the past week, potentially presenting a buying opportunity according to InvestingPro analysis.
Following this acquisition, Blisko now holds 205,280 shares indirectly through Blisko Enterprises Limited. This move reflects a continued interest and investment in the real estate investment trust, which is headquartered in South Bend, Indiana. Strawberry Fields REIT focuses on healthcare real estate, particularly skilled nursing facilities. The company, with a market capitalization of $523 million, offers an attractive dividend yield of 5.49% and has consistently raised its dividend for three consecutive years.
Investors often keep an eye on insider transactions as they can provide insight into the company's prospects and the confidence of its leadership. Notably, analysts maintain a $14 price target for STRW. For comprehensive insider trading analysis and additional insights, InvestingPro subscribers have access to over 10 additional key metrics and analysis tools.
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