Over $1M Bet On This Real Estate Stock? Check Out These 3 Stocks Insiders Are Buying
Portfolio Pulse from Avi Kapoor
Insiders have made notable purchases in Tile Shop Holdings, Wilson Bank Holding, and Agree Realty, indicating potential confidence in these companies. Tile Shop Holdings saw a purchase by Pleasant Lake Partners LLC, Wilson Bank Holding by Director Will Jordan, and Agree Realty by Director John Rakolta Jr, with the latter making a significant investment of around $1.16 million.

February 21, 2024 | 12:19 pm
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Director John Rakolta Jr bought 20,430 shares of Agree Realty at an average price of $57.00, totaling around $1.16 million, following better-than-expected sales for its fourth quarter.
The significant investment by a director, especially after reporting strong sales, indicates a high level of confidence in the company's continued growth and performance.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Pleasant Lake Partners LLC acquired 11,900 shares of Tile Shop Holdings at an average price of $6.89, signaling potential confidence despite recent downbeat quarterly sales.
The insider purchase by a 10% owner suggests a strong belief in the company's future performance or undervaluation, especially significant given the recent downbeat sales report.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Director Will Jordan acquired 1,049 shares of Wilson Bank Holding at an average price of $71.50, indicating confidence in the bank with a market capitalization of $2.043 billion.
The insider purchase by a director reflects confidence in the bank's future prospects, supported by its solid market capitalization.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70