Clipper Realty Inc. (NYSE:CLPR – Get Free Report) Director Sam Levinson bought 4,769 shares of the company’s stock in a transaction on Monday, September 14th. The shares were acquired at an average price of $3.28 per share, with a total value of $15,642.32. Following the transaction, the director directly owned 383,783 shares in the company, valued at approximately $1,258,808.24. The trade was a 1.26% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this link.
Sam Levinson also recently made the following trade(s):
- On Tuesday, September 15th, Sam Levinson purchased 4,315 shares of Clipper Realty stock. The stock was bought at an average cost of $3.30 per share, for a total transaction of $14,239.50.
- On Wednesday, September 9th, Sam Levinson purchased 110,710 shares of Clipper Realty stock. The stock was bought at an average price of $3.31 per share, for a total transaction of $366,450.10.
- On Tuesday, September 8th, Sam Levinson acquired 6,842 shares of Clipper Realty stock. The shares were bought at an average cost of $3.24 per share, with a total value of $22,168.08.
- On Wednesday, September 2nd, Sam Levinson acquired 5,387 shares of Clipper Realty stock. The stock was bought at an average price of $3.25 per share, with a total value of $17,507.75.
- On Tuesday, September 1st, Sam Levinson bought 934 shares of Clipper Realty stock. The stock was bought at an average cost of $3.20 per share, for a total transaction of $2,988.80.
- On Monday, August 31st, Sam Levinson bought 1,742 shares of Clipper Realty stock. The shares were bought at an average price of $3.25 per share, for a total transaction of $5,661.50.
- On Thursday, August 20th, Sam Levinson bought 2,392 shares of Clipper Realty stock. The shares were bought at an average price of $3.19 per share, for a total transaction of $7,630.48.
- On Wednesday, August 19th, Sam Levinson bought 9,260 shares of Clipper Realty stock. The shares were bought at an average price of $3.14 per share, with a total value of $29,076.40.
- On Tuesday, August 18th, Sam Levinson purchased 86,983 shares of Clipper Realty stock. The stock was bought at an average cost of $3.15 per share, with a total value of $273,996.45.
- On Friday, August 14th, Sam Levinson purchased 3,945 shares of Clipper Realty stock. The stock was purchased at an average price of $3.29 per share, for a total transaction of $12,979.05.
Clipper Realty Price Performance
Clipper Realty stock opened at $3.43 on Friday. The firm has a market capitalization of $55.41 million, a price-to-earnings ratio of -3.69 and a beta of 0.99. The company’s 50 day simple moving average is $3.11 and its 200 day simple moving average is $3.11. Clipper Realty Inc. has a fifty-two week low of $2.69 and a fifty-two week high of $4.32.
Clipper Realty Dividend Announcement
Institutional Trading of Clipper Realty
Hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp bought a new stake in shares of Clipper Realty in the second quarter worth $31,000. Equitable Holdings Inc. bought a new position in Clipper Realty in the second quarter valued at $58,000. GSA Capital Partners LLP acquired a new stake in Clipper Realty in the 2nd quarter valued at $254,000. BlackRock Inc. acquired a new stake in Clipper Realty in the 2nd quarter valued at $297,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in Clipper Realty during the 2nd quarter worth about $412,000. 37.57% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Separately, Wall Street Zen downgraded Clipper Realty from a “hold” rating to a “sell” rating in a research note on Sunday, May 31st.
Read Our Latest Analysis on Clipper Realty
About Clipper Realty
Clipper Realty Inc (NYSE: CLPR) is a self-administered and self-managed real estate investment trust focused on owning, operating, and selectively acquiring multifamily residential properties in New York City. The company’s business is centered on generating rental income from apartment communities and managing the properties in its portfolio.
Clipper Realty’s portfolio has historically included residential properties in Manhattan and Brooklyn, including large apartment communities and multifamily buildings in established New York City neighborhoods.
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