Monmouth R.E. Inv. Corp. (MNR): President Confirms Purchasing Binge

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Michael P. Landy, President and CEO at Monmouth R.E. Inv. Corp. (NYSE:MNR) purchased 198.216 shares of common stock at a unit price of $10.09. The latest transaction has taken Mr. Landy’s position to a total of 231,559.631 shares under direct control, and an additional 210,049 shares indirectly, through different family members and institutions.

Kevin S. Miller, Chief Financial Officer at Monmouth R.E. Inv. Corp. (NYSE:MNR) confirms the company’s good moment. Mr. Miller completed on October 15, 2014, the ninth stock acquisition this year, taking his position to 22,339 shares. All nine purchases combined added 11,205 to Mr. Miller’s holding, at prices ranging from $8.45 to $10.09.

J. Alain Reid, Jr.’s Forward Management, the largest shareholding institution (amongst those we track), with 912,761 shares at an estimate value of $9.1 billion, reported no changes during the last filling period.

Monmouth R.E. Inv. Corp. (NYSE:MNR) is a company operating as a qualified real estate investment trust (REIT).\

 

Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.

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