Real Estate Investment Trust, UMH Properties (NYSE:UMH) Chairman Eugene W. Landy acquired 5,000 shares of UMH Properties stock in a transaction that occurred on Friday, November 7th.

WKRB13  tells MHProNews  that Landy purchased the stock at an average cost of $9.89 per share, for a total transaction of $49,450.00. The chairman now directly owns 608,227 shares of the company’s stock, valued at approximately $6,015,365.

The acquisition was disclosed in a legal filing with the Securities and Exchange Commission (SEC), as shown at this link.

UMH traded up 0.20% during mid-day trading on Monday, hitting $9.97. 37,074 shares of the company’s stock traded hands. The stock closed up 10.00 +0.05 0.50%. UMH Properties one year low of $9.01 and a one year high of $10.41 and has a market cap is $226.2 million. UMH is one of the tracked stocks on the Daily Business News market report. ##

(Graphic credit: WKRB13.) #