Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR – Get Free Report) major shareholder Magnolia Capital Fund, Lp sold 9,380 shares of the company’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $20.48, for a total transaction of $192,102.40. Following the sale, the insider now directly owns 261,326 shares of the company’s stock, valued at approximately $5,351,956.48. The sale was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Magnolia Capital Fund, Lp also recently made the following trade(s):
- On Wednesday, September 11th, Magnolia Capital Fund, Lp sold 4,550 shares of Wheeler Real Estate Investment Trust stock. The stock was sold at an average price of $20.30, for a total value of $92,365.00.
- On Monday, September 9th, Magnolia Capital Fund, Lp sold 5,033 shares of Wheeler Real Estate Investment Trust stock. The shares were sold at an average price of $20.15, for a total transaction of $101,414.95.
- On Thursday, September 5th, Magnolia Capital Fund, Lp sold 13,500 shares of Wheeler Real Estate Investment Trust stock. The stock was sold at an average price of $19.17, for a total transaction of $258,795.00.
- On Tuesday, September 3rd, Magnolia Capital Fund, Lp sold 2,900 shares of Wheeler Real Estate Investment Trust stock. The shares were sold at an average price of $19.05, for a total transaction of $55,245.00.
- On Thursday, August 29th, Magnolia Capital Fund, Lp sold 3,600 shares of Wheeler Real Estate Investment Trust stock. The stock was sold at an average price of $19.14, for a total transaction of $68,904.00.
- On Monday, August 26th, Magnolia Capital Fund, Lp sold 3,857 shares of Wheeler Real Estate Investment Trust stock. The shares were sold at an average price of $18.94, for a total transaction of $73,051.58.
- On Monday, August 12th, Magnolia Capital Fund, Lp sold 3,516 shares of Wheeler Real Estate Investment Trust stock. The stock was sold at an average price of $19.00, for a total value of $66,804.00.
- On Wednesday, July 31st, Magnolia Capital Fund, Lp sold 3,000 shares of Wheeler Real Estate Investment Trust stock. The shares were sold at an average price of $19.70, for a total value of $59,100.00.
Wheeler Real Estate Investment Trust Stock Down 7.0 %
Shares of WHLR traded down $0.47 during trading on Thursday, reaching $6.27. 934,587 shares of the company traded hands, compared to its average volume of 1,466,436. The stock has a 50-day simple moving average of $5.19 and a 200-day simple moving average of $5.43. The stock has a market cap of $3.57 million, a PE ratio of 0.00 and a beta of 1.53. Wheeler Real Estate Investment Trust, Inc. has a twelve month low of $0.97 and a twelve month high of $547.20.
Institutional Trading of Wheeler Real Estate Investment Trust
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on Wheeler Real Estate Investment Trust in a research report on Wednesday, July 3rd. They set a “sell” rating for the company.
View Our Latest Stock Report on WHLR
About Wheeler Real Estate Investment Trust
Headquartered in Virginia Beach, Virginia, Wheeler Real Estate Investment Trust, Inc is a fully integrated, self-managed commercial real estate investment trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.
Featured Articles
- Five stocks we like better than Wheeler Real Estate Investment Trust
- How to invest in marijuana stocks in 7 steps
- Edgewise Therapeutics Soars 50%: Key Reasons Behind the Surge
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- How the Fed’s Rate Cut Could Supercharge These 3 ETFs
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Microsoft Stock: 3 Reasons It’s Ready to Crush Q4
Receive News & Ratings for Wheeler Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wheeler Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.