Insider Trading Roundup: Wheeler Real Estate Investment Trust, Inc. $WHLR

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Wheeler Real Estate Investment Trust, Inc. (WHLR) insider have most recently took part in a trading activity. On Aug 25, 2017 Wheeler Jon S, CEO & Chairman bought 4,000 shares having total worth of $40,160 at the price of $10.04 per share, following the transaction a total of 128,488 shares owned by Wheeler Jon S. Before this latest buy, Wheeler Jon S purchased WHLR at 3 other times during the past twelve months, for a total investment of $112,242 at an average of $5.03 per share.

Furthermore, over the past 12 months , the stock was traded 14 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 13 instances.

Shares of Wheeler Real Estate Investment Trust, Inc. (WHLR) traded up 0.26% on Aug 25, 2017, hitting $10.04. 25,603 shares of the company’s stock traded hands. Wheeler Real Estate Investment Trust, Inc. has a 52 week low of $7.73 and a 52 week high of $14.01. The company’s market cap is $119 million.

Wheeler Real Estate Investment Trust, Inc. (WHLR) last announced its earnings results on Aug 8, 2017. The company reported 0.40 earnings per share (EPS) for the quarter, higher than the consensus estimate of -0.44 by $0.84. The company had revenue of $15 million for the quarter, compared to the consensus estimate of $14 million. During the same quarter in the previous year, the company posted 0.04 earnings per share. The company’s revenue for the quarter was up 33% on a year-over-year basis.

2017-08-08 2017-05-01 2017-02-27 2016-11-08 2016-08-03 2016-05-04 2016-03-08 2015-11-09 2015-08-10 2015-05-13
earnings per share 0.40 0.31 0.05 0.04 0.04 0.03 0.03 0.02 -0.07 -0.80
Revenue(M) 14.72 14.32 12.03 11.91 11.09 9.14 9.24 7.17 6.7 5.75

Wheeler Real Estate Investment Trust Inc is a Maryland corporation formed with the objective of acquiring, financing, developing, leasing, owning and managing income producing assets such as strip centers, neighborhood centers, grocery-anchored centers, community centers and free-standing retail properties. The Company’s strategy is to opportunistically acquire and reinvigorate well-located, potentially dominant retail properties in secondary and tertiary markets that generate attractive risk-adjusted returns. It would target competitively protected properties in communities that have stable demographics and have historically exhibited favorable trends, such as strong population and income growth. It generally leases its properties to national and regional retailers that offer consumer goods and generate regular consumer traffic. It focuses its investment strategy on income producing assets such as strip centers, neighborhood centers, grocery-anchored centers, community centers and free-standing retail properties.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

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About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.