On May 17 MHProNews noted that the CEO of Drew Industries, Inc. (NYSE:DW), Jason Lippert sold 10,000 shares of Drew stock at $74.13 per share for a total transaction of $741,000.00, as reported by the company May 16, 2016. Additionally, MHProNews has learned from themarketdigest Drew’s Chief Legal Officer Robert Kuhns sold 850 shares at $74.55 per share for a net of $63,367.50.
Drew Director Leigh J. Abrams sold 10,000 shares of Drew stock at $74.58 per share for a net transaction of $745,800, as reported to the Securities and Exchange Commission May 17.
Today we learn that in the last 30 days insiders have sold $1.55 million worth of Drew shares and purchased $246.1 thousand worth.
Drew is a manufacturer and distributor of an array of components for the manufactured home and recreational vehicle industries. On May 16 Drew stock hit a new high of $75.10, finally closing at $74.48.
Meanwhile, UMH Properties, Inc.’s Chairman of the Board, Eugene Landy, purchased 1,000 shares of the company for a net of $9,890.00, and now owns 1.17 million shares, which amounts to 4.36% of the company’s capitalization.
Boulegeris Investments Inc. has a 1.01 million-share stake in UMH, while other hedge funds, such as Robotti Robert, own 686,884 shares in UMH.
Moreover, Rutabaga Capital Management Llc Ma has 1.21 million shares of the company. Wealthtrust Axiom Llc, a Pennsylvania-based fund reported 108,298 shares.
UMH Properties, Inc. is a publicly-traded real estate investment trust (REIT) that owns and operates 98 MHCs with approximately 17,800 developed home sites. ##
(credit: durolog-kielce–electronic stock exchange board)
