Medalist Diversified REIT Insider Buys $1.8m Worth of Shares, Boosting Holding by 241%

Francis Kavanaugh, Chair of the Board at Medalist Diversified REIT, purchased $1.8m worth of shares, boosting their holding by 241%. This is the largest insider purchase in the last year, but the purchase was made at a lower price than the current market price. Insiders have bought more shares than they sold in the last year, and own 21% of the company's shares. This suggests alignment between insiders and other shareholders, but also indicates the company is making losses.

Francis Kavanaugh, Chair of the Board at Medalist Diversified REIT, Inc. (NASDAQ: MDRR), recently made a significant purchase of $1.8 million worth of shares. This transaction, made on August 29, 2025, boosted Kavanaugh's holding by 241%, making it the largest insider purchase in the last year [1].

The purchase was made at an average price of $12.50 per share, which was significantly lower than the recent market price of $14.45. This lower purchase price suggests that the insider may have seen value in the stock at a discounted rate, but it does not necessarily indicate a strong bullish sentiment about the current share price.

Over the past year, insiders at Medalist Diversified REIT have been net buyers, purchasing 252,050 shares worth $3.1 million while divesting 140,000 shares for $1.8 million. This indicates a positive trend in insider sentiment, with a 21% ownership stake in the company by insiders, worth approximately $7.0 million [1].

While the insider buying is encouraging, it is important to note that Medalist Diversified REIT did not report a profit in the last twelve months. This raises caution despite the positive insider activity. The company's lack of profitability could pose a risk to investors, despite the alignment of insiders with other shareholders.

In conclusion, the recent insider purchase by Francis Kavanaugh at Medalist Diversified REIT is a notable event, but it must be considered alongside the company's financial performance. The insider buying activity suggests a positive outlook, but investors should remain aware of the company's financial health and other potential risks.

References:
[1] https://simplywall.st/stocks/us/real-estate/nasdaq-mdrr/medalist-diversified-reit/news/insider-spends-us18m-buying-more-shares-in-medalist-diversif
[2] https://www.tradingview.com/news/tradingview:e2cfdd9006314:0-medalist-diversified-reit-chairman-increases-stake-with-recent-purchase/
[3] https://www.marketscreener.com/quote/stock/MEDALIST-DIVERSIFIED-REIT-47214948/