Insider Trading in Focus: First REIT of New Jersey $FREVS

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First REIT of New Jersey (OTCPK:FREVS) insider have most recently took part in a trading activity. On Sep 21, 2017 Artinian Ronald J, Trustee bought 100 shares having total worth of $1,579 at the price of $15.79 per share, following the transaction a total of 439,892 shares owned by Artinian Ronald J. Before this latest buy, Artinian Ronald J purchased FREVS at 1 other times during the past twelve months, for a total investment of $45,180 at an average of $15.06 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 2 sell activities and 2 buy trades. Furthermore, over the past 12 months , the stock was traded 4 times by insiders. In 2 of these trades, the insider was a seller while an employee of the company was the buyer in 2 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 2 %
12 Month 2 2 %

First REIT of New Jersey is an equity real estate investment trust, organized in New Jersey, in 1961. The Company acquires, develops, constructs and holds real estate properties for long-term investment and not for resale. It owns a portfolio of residential apartment and commercial properties. It has two reportable segments: Commercial Properties and Residential Properties. The Company’s revenues consist mainly of fixed rental income from its residential and commercial properties and additional rent in the form of expense reimbursements derived from its income producing commercial properties. Its properties are mainly located in northern New Jersey and Maryland. It acquires existing properties for investment. It develops and constructs properties on its vacant land. The Company’s developed properties include residential apartment communities and commercial properties that consist of multi and single tenanted properties. The Company’s properties are located in New Jersey, Maryland and on Long Island, NY. The Company’s properties are subject to various federal, state and local laws, ordinances and regulations, including those relating to the environment and local rent control and zoning ordinances.

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.

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.