Insider Activity to Watch: NexPoint Residential Trust, Inc. $NXRT

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NexPoint Residential Trust, Inc. (NYSE:NXRT) insider have most recently took part in a trading activity. On Dec 18, 2017 Dondero James D, President, 10% Owner bought 10,000 shares having total worth of $285,000 at the price of $28.5 per share, following the transaction a total of 3,973,674 shares owned by Dondero James D. Before this latest buy, Dondero James D purchased NXRT at 5 other times during the past twelve months, for a total investment of $18.46M at an average of $24.32 per share.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 6 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 5 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 22.07%
12 Month 5 1 47.04%

Shares of NexPoint Residential Trust, Inc. (NYSE:NXRT) traded up 9.09% on Dec 18, 2017, hitting $29.04. 207,993 shares of the company’s stock traded hands. NexPoint Residential Trust, Inc. has a 52 week low of $17.43 and a 52 week high of $29.17. The company’s market cap is $432 million.

NexPoint Residential Trust, Inc. (NYSE:NXRT) last announced its earnings results on Oct 31, 2017. The company reported 0.37 earnings per share (EPS) for the quarter, higher than the consensus estimate of -0.16 by $0.53. The company had revenue of $37 million for the quarter, compared to the consensus estimate of $37 million. During the same quarter in the previous year, the company posted 0.76 earnings per share. The company’s revenue for the quarter was up 12% on a year-over-year basis.

2017-10-31 2017-08-01 2017-05-02 2017-03-14 2016-11-10 2016-08-09 2016-05-10 2016-03-08 2015-11-10 2015-08-11
earnings per share 0.37 0.28 0.38 0.35 0.76 1.06 0.42 0.35 0.37 0.32
Revenue(M) 37.1 35.23 37 32.6 33.1 33.7 29.4 28.6 30.77 25.5

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.