Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $3.48 and traded as high as $4.36. Wheeler Real Estate Investment Trust shares last traded at $4.27, with a volume of 109,245 shares traded.

The business’s 50-day moving average price is $3.50 and its 200-day moving average price is $3.13. The firm has a market capitalization of $40.27 million, a PE ratio of -2.24 and a beta of 3.40.

In related news, Director Kerry G. Campbell purchased 28,000 shares of Wheeler Real Estate Investment Trust stock in a transaction dated Monday, March 22nd. The stock was acquired at an average cost of $3.31 per share, with a total value of $92,680.00. Following the completion of the transaction, the director now directly owns 100,000 shares of the company’s stock, valued at $331,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andrew R. Jones sold 36,108 shares of the stock in a transaction that occurred on Wednesday, March 31st. The stock was sold at an average price of $3.51, for a total transaction of $126,739.08. Insiders sold 48,572 shares of company stock valued at $169,810 over the last three months. 24.70% of the stock is owned by insiders.

An institutional investor recently raised its position in Wheeler Real Estate Investment Trust stock. Renaissance Technologies LLC boosted its holdings in shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) by 21.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 155,533 shares of the real estate investment trust’s stock after acquiring an additional 27,224 shares during the quarter. Renaissance Technologies LLC owned approximately 1.60% of Wheeler Real Estate Investment Trust worth $431,000 at the end of the most recent reporting period. 27.97% of the stock is currently owned by institutional investors and hedge funds.

Wheeler Real Estate Investment Trust Company Profile (NASDAQ:WHLR)

Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLR ) is a fully integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.

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