Yesterday, the CEO of Preferred Apartment Communities (APTS), Daniel Dupree, bought shares of APTS for $130.7K.
Following this transaction Daniel Dupree’s holding in the company was increased by 9.4% to a total of $1.51 million.
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Based on Preferred Apartment Communities’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $120 million and GAAP net loss of $2.08 million. In comparison, last year the company earned revenue of $102 million and had a net profit of $8.13 million. The company has a one-year high of $17.00 and a one-year low of $12.81. Currently, Preferred Apartment Communities has an average volume of 278.71K.
The insider sentiment on Preferred Apartment Communities has been negative according to 12 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Daniel Dupree’s trades have generated a 7.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Preferred Apartment Communities, Inc. engages in the acquisition and operation of multifamily properties in select targeted markets throughout the United States. It operates through the following segments: Multifamily Communities; Student Housing Properties; Financing; New Market Properties; Preferred Office Properties; and Others.
