Michael P. Landy, President and CEO at Monmouth R.E. Inv. Corp. (NYSE:MNR) disclosed today the acquisition of 9,825 shares of common stock on October 20, 2014, at a unit price of $8.05. This is Mr. Landy’s sixteenth acquisition this year, and now owns directly a total of 241,384 shares and an additional 210,000 shares indirectly.
Kevin S. Miller, Chief Financial Officer at Monmouth R.E. Inv. Corp. (NYSE:MNR) has also been active this year. Mr. Miller completed ten purchases so far this year, the last one on October 15, and now owns a total of 22,339 shares.
J. Alan Reid, Jr.’s Forward Management is the largest shareholding institution (amongst those we track) with 912,761 shares, an estimated value of $9.1 million, after reporting no changes for the second quarter of the year.
Monmouth R.E. Inv. Corp. (NYSE:MNR) is a company operating as a qualified real estate investment trust (REIT). The Company’s primary business is the ownership of real estate.