tiprankstipranks

Director Makes Strategic Move with Whitestone REIT Stock Purchase

Director Makes Strategic Move with Whitestone REIT Stock Purchase

New insider activity at Whitestone REIT ( (WSR) ) has taken place on March 22, 2025.

Director Amy Shih-Hua Feng has made a notable investment by purchasing 875 shares of Whitestone REIT stock, amounting to a total value of $12,521.

Recent Updates on WSR stock

In the last 24 hours, Whitestone REIT has experienced significant developments. Truist raised its price target for Whitestone REIT from $15 to $16, maintaining a Buy rating after meeting with the company’s management. The decision was influenced by the company’s optimism about the strong demand for retail leasing and the market’s underestimation of the portfolio’s quality, characterized by a high median household income within a 3-mile radius and concentration in the Sunbelt market. Additionally, Whitestone REIT announced a strategic transformation of the merchandising mix at Davenport Village in Austin, Texas, aiming to enhance the center’s competitive position and engagement. Furthermore, Whitestone REIT signed a lease with The Picklr to open a new facility in Scottsdale, Arizona, supporting the active lifestyle of the local community.

More about Whitestone REIT

YTD Price Performance: 2.35%

Average Trading Volume: 213,832

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $737.5M

Disclaimer & DisclosureReport an Issue