Around $1.5M Bet On This Real Estate Stock? Check Out These 3 Stocks Insiders Are Buying

When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.

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Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform.

Sunrise Realty Trust

The Trade: Sunrise Realty Trust, Inc. SUNS Executive Chairman Leonard M Tannenbaum acquired a total of 118,163 shares at an average price of $12.44. To acquire these shares, it cost around $1.47 million.

What’s Happening: On Aug. 14, Sunrise Realty Trust posted second-quarter EPS of 22 cents on sales of $1.98 million.

What Sunrise Realty Trust Does: Sunrise Realty Trust Inc is a real estate investment trust company.

Trending: Mark Cuban believes “the next wave of revenue generation is around real estate and entertainment” — this new real estate fund allows you to get started with just $100.

Darling Ingredients

The Trade: Darling Ingredients Inc. DAR EVP Chief Admin Officer Patrick McNutt acquired a total of 1,300 shares at an average price of $39.85. To acquire these shares, it cost around $51,805.

What’s Happening: On July 31, Darling Ingredients reported a sustainable aviation fuel contract through Diamond Green Diesel Joint Venture.

What Darling Ingredients Does: Darling Ingredients Inc develops and manufactures sustainable ingredients for customers in the pharmaceutical, food, pet food, fuel, and fertilizer industries.

Superior Group of Companies

The Trade: Superior Group of Companies, Inc. SGC CEO Michael Benstock bought a total of 10,000 shares at an average price of $13.45. To acquire these shares, it cost around $134,527.

What’s Happening: On Aug 12, Superior Group Of Companies disclosed a new $10 million stock repurchase plan.

What Superior Group of Companies Does: Superior Group Of Companies Inc designs apparel products. The company's operating segment includes Branded Products; Healthcare Apparel and Contact Centers.

Looking For Higher-Yield Opportunities?

The current high-interest-rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through dividend stocks… Certain private market real estate investments are giving retail investors the opportunity to capitalize on these high-yield opportunities and Benzinga has identified some of the most attractive options for you to consider

For instance, the Ascent Income Fund from EquityMultiple targets stable income from senior commercial real estate debt positions and has a historical distribution yield of 12.1% backed by real assets. With payment priority and flexible liquidity options, the Ascent Income Fund is a cornerstone investment vehicle for income-focused investors. First-time investors with EquityMultiple can now invest in the Ascent Income Fund with a reduced minimum of just $5,000. Benzinga Readers: Earn a 1% return boost on your first EquityMultiple investment when you sign up here (accredited investors only).

Don't miss out on this opportunity to take advantage of high-yield investments while rates are high. Check out Benzinga's favorite high-yield offerings. 

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