Clipper Realty Inc. (CLPR) has announced that David Bistricher, Director, 10% Owner, Co-Chairman, and CEO, has acquired 8,174 shares at a price of $4.01 per share on August 21, 2025.
Clipper Realty Inc. (CLPR), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, recently announced that David Bistricer, Director, 10% Owner, Co-Chairman, and CEO, has acquired 8,174 shares of the company's stock at a price of $4.01 per share on August 21, 2025. This acquisition follows a series of strong financial performances and strategic initiatives undertaken by the company.
The acquisition is significant as it reflects Bistricer's confidence in the company's future prospects and its ability to generate value for shareholders. Clipper Realty has consistently delivered robust revenue growth and strong free cash flow, which has been instrumental in supporting its high dividend yield. The company's recent earnings calls and quarterly reports have highlighted its ability to navigate market volatility and regulatory challenges, further bolstering investor confidence.
In the past year, Clipper Realty has seen its stock price appreciate despite substantial volatility and regulatory challenges in the NYC residential market. The company's Q1 results were strong, with $0.19 FFO, beating estimates and demonstrating its resilience in the face of market headwinds. Furthermore, the company's dividend yield has remained attractive, with a 9.5% yield fully covered by AFFO, providing a strong incentive for investors seeking high-yield opportunities.
The acquisition of additional shares by Bistricer aligns with the company's strategy of growing its portfolio and expanding its footprint in the New York market. This move underscores the company's commitment to long-term growth and value creation for its shareholders. As Clipper Realty continues to navigate the multifaceted real estate market, investors can look forward to the company's ongoing efforts to deliver sustainable growth and dividend returns.
References:
[1] https://stockanalysis.com/stocks/clpr/
[2] https://seekingalpha.com/article/4386554-clipper-realty-141-livingston-renewal-98-yield-multifamily-rent-growth
[3] https://seekingalpha.com/article/4386549-clipper-realty-upside-potential-but-far-from-risk-free
[4] https://seekingalpha.com/article/4386548-clipper-realty-inc-clpr-q1-2025-earnings-call-transcript
[5] https://seekingalpha.com/article/4386550-clipper-realty-remarkable-q4-reignites-bull-case-93-dividend-yield-a-strong-buy
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