NexPoint Diversified Real Estate Trust insiders have purchased US$2.98m worth of shares over the past year, with Executive Vice President Dustin Norris buying the largest amount of US$1.3m. Insiders own 18% of the company, suggesting alignment between insiders and other shareholders. The insider transactions indicate optimism about the company's prospects.
NexPoint Diversified Real Estate Trust (NYSE:NXDT) has seen a notable increase in insider buying over the past year, with insiders acquiring a total of US$2.98 million worth of shares. Executive Vice President Dustin Norris led the way, purchasing US$1.3 million worth of shares at a price of US$3.85 each, indicating optimism about the company's prospects. This activity is particularly encouraging as it suggests that insiders view the stock as undervalued, even at higher prices.
The insider transactions over the past year have been substantial, with no significant selling activity reported. This indicates a positive outlook among insiders, who collectively own approximately 18% of the company. While this level of ownership is not the highest, it does suggest alignment between insiders and other shareholders, potentially indicating a long-term commitment to the company's success.
It is essential to note that while insider buying can be a positive indicator, it should not be the sole factor in making investment decisions. Insiders may have access to information not available to the public, but their actions do not guarantee future performance. Additionally, NexPoint Diversified Real Estate Trust faces certain risks, including three identified warning signs that investors should be aware of.
For more detailed information on NexPoint Diversified Real Estate Trust, including insider transactions and ownership, please refer to the latest analysis provided by Simply Wall St
Insider Stock Buying Reaches US$2.98m On NexPoint Diversified Real Estate Trust[1].
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