Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR – Get Free Report) major shareholder Magnolia Capital Fund, Lp sold 3,516 shares of the stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $19.00, for a total transaction of $66,804.00. Following the sale, the insider now owns 317,646 shares of the company’s stock, valued at $6,035,274. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Magnolia Capital Fund, Lp also recently made the following trade(s):
- On Wednesday, July 31st, Magnolia Capital Fund, Lp sold 3,000 shares of Wheeler Real Estate Investment Trust stock. The stock was sold at an average price of $19.70, for a total transaction of $59,100.00.
Wheeler Real Estate Investment Trust Price Performance
WHLR traded up $0.01 on Wednesday, hitting $2.79. The company had a trading volume of 318,692 shares, compared to its average volume of 97,609. Wheeler Real Estate Investment Trust, Inc. has a 52-week low of $1.89 and a 52-week high of $1,130.40. The stock has a fifty day simple moving average of $9.38 and a 200-day simple moving average of $17.50. The firm has a market capitalization of $1.59 million, a P/E ratio of 0.00 and a beta of 1.58.
Institutional Trading of Wheeler Real Estate Investment Trust
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on shares of Wheeler Real Estate Investment Trust in a report on Wednesday, July 3rd. They set a “sell” rating for the company.
Read 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.
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