Insider Buying: Strawberry Fields REIT (NASDAQ:STRW) CFO Buys $18,746.10 in Stock

Strawberry Fields REIT, Inc. (NASDAQ:STRW) CFO Greg Curtis Flamion bought 1,431 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The shares were acquired at an average price of $13.10 per share, with a total value of $18,746.10. Following the completion of the transaction, the chief financial officer directly owned 3,353 shares of the company’s stock, valued at $43,924.30. This trade represents a 74.45% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Strawberry Fields REIT Stock Performance

Shares of STRW opened at $13.12 on Friday. The business’s 50-day moving average is $13.05 and its two-hundred day moving average is $12.04. The company has a market capitalization of $172.13 million, a P/E ratio of 25.73, a P/E/G ratio of 1.16 and a beta of 0.36. Strawberry Fields REIT, Inc. has a fifty-two week low of $8.70 and a fifty-two week high of $14.00.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. First Eagle Investment Management LLC raised its position in Strawberry Fields REIT by 38.1% during the second quarter. First Eagle Investment Management LLC now owns 291,122 shares of the company’s stock worth $3,068,000 after acquiring an additional 80,317 shares during the period. Los Angeles Capital Management LLC purchased a new stake in shares of Strawberry Fields REIT during the second quarter worth about $293,000. State of New Jersey Common Pension Fund D raised its position in shares of Strawberry Fields REIT by 9.5% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 173,000 shares of the company’s stock worth $1,823,000 after purchasing an additional 15,000 shares during the last quarter. Duncan Williams Asset Management LLC lifted its stake in Strawberry Fields REIT by 14.8% in the 2nd quarter. Duncan Williams Asset Management LLC now owns 17,247 shares of the company’s stock valued at $182,000 after buying an additional 2,219 shares in the last quarter. Finally, Worth Venture Partners LLC boosted its holdings in Strawberry Fields REIT by 36.3% in the 2nd quarter. Worth Venture Partners LLC now owns 25,900 shares of the company’s stock worth $273,000 after buying an additional 6,900 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on STRW. Cantor Fitzgerald reissued an “overweight” rating and issued a $15.00 price target on shares of Strawberry Fields REIT in a report on Monday, January 5th. Zacks Research cut shares of Strawberry Fields REIT from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Strawberry Fields REIT currently has an average rating of “Moderate Buy” and an average price target of $12.88.

Strawberry Fields REIT Company Profile

Strawberry Fields REIT, Inc engages in the ownership, acquisition, development, and leasing of skilled nursing and certain other healthcare-related properties. The company was founded by Moishe Gubin in 2014 and is headquartered in South Bend, IN.