Medical Properties Trust, Inc. (NYSE:MPW), saw a high level insider alter his positioning with the company through a transaction that began last week and was officially filed today, September 2nd. Executive Vice President and Chief Financial Officer Steven R. Hamner disposed of 30,000 shares of common stock at an average price of $14.09 per share. Following this move, Hamner now has a total of 1,128,734 shares directly invested in the corporation. Moreover, Medical Properties Trust, Inc. (NYSE:MPW) is a $2.45 billion market cap self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities.
In addition, among the outside investors is billionaire Israel Englander. His hedge fund, Millennium Management reported a 606% rise in its activity over the course of the last fiscal quarter, and now has a total of 452,180 shares worth nearly $6 million invested in Medical Properties Trust, Inc. (NYSE:MPW).
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.