Ramin Kamfar Purchases 25,000 Shares of Bluerock Homes Trust (NYSEAMERICAN:BHM) Stock

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) CEO Ramin Kamfar purchased 25,000 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were bought at an average cost of $11.65 per share, for a total transaction of $291,250.00. Following the completion of the purchase, the chief executive officer owned 27,719 shares in the company, valued at approximately $322,926.35. This trade represents a 919.46% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Ramin Kamfar also recently made the following trade(s):

• On Friday, December 12th, Ramin Kamfar acquired 700 shares of Bluerock Homes Trust stock. The stock was bought at an average price of $8.71 per share, with a total value of $6,097.00.

Bluerock Homes Trust Stock Performance

BHM stock traded up $0.75 during trading on Wednesday, reaching $11.00. 4,659 shares of the company were exchanged, compared to its average volume of 7,715. The stock’s 50 day moving average price is $10.01 and its 200 day moving average price is $10.38. Bluerock Homes Trust, Inc. has a 52-week low of $8.05 and a 52-week high of $14.81. The company has a market cap of $44.66 million, a P/E ratio of -3.77 and a beta of 0.58.

Bluerock Homes Trust announced that its board has initiated a share buyback plan on Tuesday, February 17th that authorizes the company to buyback $10.00 million in shares. This buyback authorization authorizes the company to repurchase up to 27.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Hedge Funds Weigh In On Bluerock Homes Trust

Hedge funds have recently bought and sold shares of the company. Kestra Advisory Services LLC acquired a new position in Bluerock Homes Trust during the fourth quarter worth $35,000. Dearborn Partners LLC acquired a new stake in Bluerock Homes Trust in the fourth quarter valued at $150,000. Geode Capital Management LLC increased its position in shares of Bluerock Homes Trust by 4.9% in the fourth quarter. Geode Capital Management LLC now owns 38,768 shares of the company’s stock valued at $414,000 after buying an additional 1,817 shares in the last quarter. Millennium Management LLC increased its position in shares of Bluerock Homes Trust by 17.3% in the fourth quarter. Millennium Management LLC now owns 78,142 shares of the company’s stock valued at $834,000 after buying an additional 11,523 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its stake in shares of Bluerock Homes Trust by 26.4% during the 3rd quarter. Arkadios Wealth Advisors now owns 113,676 shares of the company’s stock worth $1,362,000 after buying an additional 23,772 shares during the last quarter. 56.06% of the stock is owned by hedge funds and other institutional investors.

About Bluerock Homes Trust

Bluerock Homes Trust is a real estate investment trust (REIT) that specializes in the acquisition, ownership and management of factory-built residential housing. The company’s portfolio primarily consists of single-family and modular homes that are installed on leased land or held for rental and sale. By focusing on factory-built housing, Bluerock aims to deliver an affordable, high-quality alternative to conventional home construction and to generate stable rental income through long-term lease agreements.

The company’s core activities include sourcing newly manufactured homes directly from builders, overseeing their delivery and installation, and managing ongoing property operations.