Insider Selling: Boardwalk REIT (BEI.UN) Senior Officer Sells C$54,890.56 in Stock
Boardwalk REIT (TSE:BEI.UN) Senior Officer Kelly Kulwant Mahajan sold 1,348 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of C$40.72, for a total transaction of C$54,890.56. Following the sale, the insider now directly owns 3,121 shares of the company’s stock, valued at approximately C$127,087.12.
Kelly Kulwant Mahajan also recently made the following trade(s):
- On Tuesday, March 19th, Kelly Kulwant Mahajan sold 903 shares of Boardwalk REIT stock. The stock was sold at an average price of C$40.88, for a total transaction of C$36,914.64.
Shares of BEI.UN opened at C$40.90 on Thursday. Boardwalk REIT has a 12-month low of C$37.96 and a 12-month high of C$49.75. The company has a current ratio of 0.22, a quick ratio of 0.15 and a debt-to-equity ratio of 85.23. The firm has a market capitalization of $1.89 billion and a P/E ratio of 20.75.
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About Boardwalk REIT
Boardwalk REIT strives to be Canada's friendliest communities and currently owns and operates more than 200 communities with over 33,000 residential units totaling over 28 million net rentable square feet. Boardwalk's principal objectives are to provide its Residents with the best quality communities and superior customer service, while providing Unitholders with sustainable monthly cash distributions, and increase the value of its trust units through selective acquisitions, dispositions, development, and effective management of its residential multi-family communities.
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