Key Points
- CEO Jack Kendrick Heilbron sold 5,884 shares on April 10 at an average of $3.92 for a total of $23,065.28, reducing his position by 4.90% to 114,079 shares.
- Presidio shows weak fundamentals with a market cap of $4.75 million and a quarterly loss of ($3.70) EPS, negative ROE (-27.61%) and net margin (-49.22%), while shares recently traded around $3.30.
- Market sentiment is negative with a consensus "Sell" rating; institutional investors own 38.92% of the stock and Ketron Financial recently purchased a small 10,725-share stake (~0.74%).
Presidio Property Trust, Inc. (NASDAQ:SQFT - Get Free Report) CEO Jack Kendrick Heilbron sold 5,884 shares of the stock in a transaction on Friday, April 10th. The stock was sold at an average price of $3.92, for a total transaction of $23,065.28. Following the completion of the transaction, the chief executive officer directly owned 114,079 shares in the company, valued at $447,189.68. The trade was a 4.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Presidio Property Trust Price Performance
Shares of NASDAQ:SQFT opened at $3.30 on Tuesday. The company's fifty day moving average price is $2.69 and its 200-day moving average price is $3.82. The firm has a market capitalization of $4.75 million, a price-to-earnings ratio of -0.36 and a beta of 1.53. Presidio Property Trust, Inc. has a one year low of $2.10 and a one year high of $23.00. The company has a debt-to-equity ratio of 3.74, a current ratio of 1.46 and a quick ratio of 1.46.
Presidio Property Trust (NASDAQ:SQFT - Get Free Report) last issued its quarterly earnings results on Saturday, March 28th. The company reported ($3.70) EPS for the quarter. The company had revenue of $4.11 million during the quarter. Presidio Property Trust had a negative return on equity of 27.61% and a negative net margin of 49.22%.
Hedge Funds Weigh In On Presidio Property Trust
A hedge fund recently bought a new stake in Presidio Property Trust stock. Ketron Financial bought a new stake in shares of Presidio Property Trust, Inc. (NASDAQ:SQFT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,725 shares of the company's stock, valued at approximately $36,000. Ketron Financial owned about 0.74% of Presidio Property Trust as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 38.92% of the company's stock.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of Presidio Property Trust in a report on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of "Sell".
Check Out Our Latest Report on SQFT
About Presidio Property Trust
(
Get Free Report)
Presidio Property Trust, Inc is a real estate investment trust (REIT) that specializes in acquiring, owning and managing single-tenant commercial properties across the United States. The company employs a net-lease strategy, entering into long-term leases with corporate tenants to generate stable rental income and minimize landlord responsibilities related to property operations.
The trust's portfolio includes a diverse mix of industrial, office and research and development facilities.
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