Presidio Property Trust (NASDAQ:SQFT) CEO Jack Kendrick Heilbron Sells 5,884 Shares

Presidio Property Trust, Inc. (NASDAQ:SQFT) CEO Jack Kendrick Heilbron sold 5,884 shares of the company’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $3.92, for a total value of $23,065.28. Following the sale, the chief executive officer owned 114,079 shares in the company, valued at approximately $447,189.68. This represents a 4.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Presidio Property Trust Price Performance

Shares of Presidio Property Trust stock traded down $0.59 on Monday, reaching $3.30. The stock had a trading volume of 691,590 shares, compared to its average volume of 732,725. The business’s 50 day moving average is $2.68 and its two-hundred day moving average is $3.84. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 3.74. Presidio Property Trust, Inc. has a 1 year low of $2.10 and a 1 year high of $23.00. The company has a market cap of $4.75 million, a P/E ratio of -0.36 and a beta of 1.53.

Presidio Property Trust (NASDAQ:SQFT) last issued its quarterly earnings data on Saturday, March 28th. The company reported ($3.70) EPS for the quarter. The firm had revenue of $4.11 million for the quarter. Presidio Property Trust had a negative net margin of 49.22% and a negative return on equity of 27.61%.

Institutional Investors Weigh In On Presidio Property Trust

An institutional investor recently bought a new position in Presidio Property Trust stock. Ketron Financial bought a new stake in shares of Presidio Property Trust, Inc. (NASDAQ:SQFT) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 10,725 shares of the company’s stock, valued at approximately $36,000. Ketron Financial owned about 0.74% of Presidio Property Trust at the end of the most recent reporting period. Hedge funds and other institutional investors own 38.92% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Presidio Property Trust in a report on Monday, December 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Presidio Property Trust Company Profile

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.