Investors Real Estate Trust (NYSE:IRET), saw four insider increase their exposure to the company. Director Stephen Stenehjem gained 350.079 shares at an average price of $8.5695 per share; Director Terrance P. Maxwell rose his profile by 1,500 shares at an average price of $8.742 per share; Ted E. Holmes, the SVP of Finance, bought 163.37 shares at an average price of $8.5695 per share; while Charles A. Greenberg acquired 183.793 shares of common stock at an average price of $8.5695 per share.
Following these moves, Stenehjem now has 78,606.342 shares directly, and 48,510.686 shares indirectly; Maxwell directly holds 7,381 shares; Holmes now directly owns 25,035.244 shares; and Greenberg directly has 36,097.35 shares in Investors Real Estate Trust (NYSE:IRET), the $959.37 million market cap corporation. The company is a self-advised equity real estate investment trust that is engaged in owning and operating income-producing real estate properties & it’s investments consist of multi-family residential properties and commercial office, commercial medical, commercial industrial and commercial retail properties.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.