Today, the Treasurer of Gladstone Commercial Corp (NASDAQ: GOOD), Jay Beckhorn, bought shares of GOOD for $3,154.
This recent transaction increases Jay Beckhorn’s holding in the company by 30.98% to a total of $13.01K. In addition to Jay Beckhorn, 2 other GOOD executives reported Buy trades in the last month.
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Based on Gladstone Commercial Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $26.55 million and quarterly net profit of $4.61 million. In comparison, last year the company earned revenue of $22.11 million and had a net profit of $4.36 million. Currently, Gladstone Commercial Corp has an average volume of 5,978.
Four different firms, including BTIG and D.A. Davidson, currently also have a Buy rating on the stock.
The insider sentiment on Gladstone Commercial Corp has been positive according to 17 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Gladstone Commercial Corp. is a real estate investment trust, which engages in the acquisition, investmen,t and ownership of net leased industrial, commercial, and retail real properties. Its portfolio consists of single-tenant commercial and industrial real properties.
