Medalist Diversified REIT insider bought shares worth $286,215 according to a recent SEC filing. The company is a real estate investment trust that specializes in acquiring, owning, and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions of the US. It owns properties such as retail centers, flex warehouses, and single-tenant net lease properties.
Medalist Diversified REIT (MDRR) Chairman, CEO & President Frank Kavanaugh recently reported a significant increase in his personal stake in the company. According to a recent SEC filing [1], Kavanaugh purchased 8,482 shares of Common Stock on August 26 and 27, 2025, at a weighted average price of $12.43 per share. This transaction amounted to a total purchase amount of $105,431. Following these purchases, Kavanaugh directly owns 35,121 shares of the company.
Medalist Diversified REIT is a real estate investment trust (REIT) that specializes in acquiring, owning, and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions of the US. The company owns properties such as retail centers, flex warehouses, and single-tenant net lease properties.
The recent share purchases by Kavanaugh come at a time when the company is focused on its core business operations. Medalist Diversified REIT operates as a UPREIT and owns properties through its subsidiary, Medalist Diversified Holdings, LP. The company's reportable segments include retail center properties, flex center properties, and STNL properties.
From a financial perspective, Medalist Diversified REIT has shown a steady performance over the past few years. The company's operating margin stands at 0.1113, while its quick ratio is 0.4134, indicating that it has the financial resources to remain solvent in the short term. The debt-to-equity ratio of 3.9031 suggests a moderate level of financial leverage.
The company's dividend history shows a decrease in its dividend yield since 2021, which may impact investor sentiment. However, Medalist Diversified REIT has maintained a consistent dividend payout, although the growth rate has been relatively modest.
In terms of past performance, the company's Sharpe ratio over the past five years is -0.6329, which is below average compared to its peers. This suggests that while the company has provided some return to investors, the risk-reward trade-off has been less favorable than average.
Overall, the recent share purchases by Frank Kavanaugh reflect his confidence in the company's future prospects. However, investors should closely monitor the company's financial performance and dividend history to make informed investment decisions.
References:
[1] https://www.tradingview.com/news/tradingview:61e4d454b68fe:0-medalist-diversified-reit-chairman-increases-stake-with-recent-purchases/
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