On November 19, 2024, Angela Pruitt, a Director at UMH Properties Inc (UMH, Financial), sold 2,800 shares of the company. Following this transaction, the insider now owns 7,992.77 shares of the company. The details of this transaction can be found in the SEC Filing.
UMH Properties Inc (UMH) is a real estate investment trust (REIT) that owns and operates manufactured home communities. The company is involved in the acquisition, development, and management of these communities, providing affordable housing options across various regions.
The insider transaction history for UMH Properties Inc shows a balanced activity over the past year, with 6 insider buys and 6 insider sells. This recent sale by Angela Pruitt is part of this trend.
On the day of the transaction, shares of UMH Properties Inc were trading at $19.26, giving the stock a market cap of $1.51 billion. The company's price-earnings ratio stands at 147.31, which is higher than the industry median of 15.625 and also higher than the company’s historical median price-earnings ratio.
The GF Value for UMH Properties Inc is estimated at $15.02, resulting in a price-to-GF-Value ratio of 1.28. This indicates that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
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.
