Senior Vice President Of BRT Apartments Purchased $207K In Stock

Matthew J Gould, Senior Vice President at BRT Apartments BRT, reported an insider buy on April 9, according to a new SEC filing.

What Happened: Gould made a significant move by purchasing 12,299 shares of BRT Apartments as reported in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction's total worth stands at $207,214.

The latest market snapshot at Wednesday morning reveals BRT Apartments shares down by 0.0%, trading at $17.69.

Delving into BRT Apartments's Background

BRT Apartments Corp is a real estate investment trust company. The company is primarily focused on the ownership, operation, and development of multi-family properties. BRT also owns and operates other real estate assets. All of the Company's assets are comprised of multi-family real estate assets generally leased to tenants on a one-year basis.

A Deep Dive into BRT Apartments's Financials

Revenue Growth: Over the 3 months period, BRT Apartments showcased positive performance, achieving a revenue growth rate of 3.51% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.

Navigating Financial Profits:

• Gross Margin: The company shows a low gross margin of 56.37%, suggesting potential challenges in cost control and profitability compared to its peers.

• Earnings per Share (EPS): BRT Apartments's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of -0.14.

Debt Management: BRT Apartments's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.01, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

Market Valuation:

• Price to Earnings (P/E) Ratio: BRT Apartments's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 110.56.

• Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 3.39, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.

• EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): The company's EV/EBITDA ratio 13.6 is above the industry average, suggesting that the market values the company more highly for each unit of EBITDA. This could be attributed to factors such as strong growth prospects or superior operational efficiency.

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

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Why Insider Activity Matters in Finance

Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.

Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.

Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.

Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.

Breaking Down the Significance of Transaction Codes

In the domain of transactions, investors frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.

Check Out The Full List Of BRT Apartments's Insider Trades.

This article was generated by Benzinga's automated content engine and reviewed by an editor.