Insider Sale: Executive Vice President Mitchell Gould Sells Shares of BRT Apartments Corp (BRT)

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Nov 14, 2024

On November 12, 2024, Mitchell Gould, Executive Vice President of BRT Apartments Corp (BRT, Financial), executed a sale of 28,115 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this transaction, the insider now owns 135,468 shares of BRT Apartments Corp.

BRT Apartments Corp (BRT, Financial) is engaged in the ownership, operation, and development of multi-family properties. The company focuses on properties located in the Northeast, South, and Midwest of the United States.

Over the past year, the insider transaction history at BRT Apartments Corp shows a total of 23 insider buys and 4 insider sells. Mitchell Gould has sold a total of 28,115 shares and purchased 0 shares during this period.

On the date of the recent transaction, shares of BRT Apartments Corp were trading at $18.74. The company has a market cap of approximately $330.639 million.

According to the GF Value, the intrinsic value estimate for BRT Apartments Corp is $30.89 per share, suggesting that the stock might be undervalued. The price-to-GF-Value ratio stands at 0.61, indicating the stock is a Possible Value Trap, Think Twice.

The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.

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This sale by the insider might be of interest to current and potential investors, providing insight into how insiders view the stock's current valuation and future prospects.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.