Insider Buying: Presidio Property Trust, Inc. (NASDAQ:SQFT) CEO Acquires 1,800 Shares of Stock

Presidio Property Trust, Inc. (NASDAQ:SQFT) CEO Jack Kendrick Heilbron acquired 1,800 shares of the company’s stock in a transaction that occurred on Tuesday, May 20th. The shares were acquired at an average price of $6.60 per share, with a total value of $11,880.00. Following the acquisition, the chief executive officer now owns 13,555 shares in the company, valued at $89,463. This trade represents a 15.31% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Jack Kendrick Heilbron also recently made the following trade(s):

• On Thursday, May 15th, Jack Kendrick Heilbron purchased 400 shares of Presidio Property Trust stock. The stock was bought at an average price of $13.93 per share, for a total transaction of $5,572.00.
• On Monday, May 12th, Jack Kendrick Heilbron purchased 96 shares of Presidio Property Trust stock. The stock was bought at an average price of $139.40 per share, for a total transaction of $13,382.40.
• On Wednesday, April 30th, Jack Kendrick Heilbron purchased 50 shares of Presidio Property Trust stock. The stock was bought at an average price of $139.40 per share, for a total transaction of $6,970.00.
• On Thursday, April 24th, Jack Kendrick Heilbron bought 50 shares of Presidio Property Trust stock. The shares were bought at an average cost of $138.40 per share, for a total transaction of $6,920.00.
• On Monday, April 21st, Jack Kendrick Heilbron purchased 100 shares of Presidio Property Trust stock. The shares were bought at an average cost of $140.00 per share, with a total value of $14,000.00.
• On Friday, April 11th, Jack Kendrick Heilbron purchased 50 shares of Presidio Property Trust stock. The stock was purchased at an average price of $138.80 per share, with a total value of $6,940.00.
• On Tuesday, April 8th, Jack Kendrick Heilbron purchased 50 shares of Presidio Property Trust stock. The stock was purchased at an average price of $141.90 per share, with a total value of $7,095.00.

Presidio Property Trust Trading Up 2.0%

Shares of NASDAQ SQFT opened at $6.03 on Friday. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 2.69. The business has a fifty day simple moving average of $6.13 and a two-hundred day simple moving average of $6.60. The firm has a market cap of $72.43 million, a PE ratio of -2.15 and a beta of 1.42. Presidio Property Trust, Inc. has a twelve month low of $4.70 and a twelve month high of $8.77.

Institutional Investors Weigh In On Presidio Property Trust

A hedge fund recently bought a new stake in Presidio Property Trust stock. Lepercq Multi Asset Fund acquired a new position in Presidio Property Trust, Inc. (NASDAQ:SQFT) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 134,125 shares of the company’s stock, valued at approximately $107,000. Presidio Property Trust accounts for about 0.1% of Lepercq Multi Asset Fund’s portfolio, making the stock its 7th biggest holding. Lepercq Multi Asset Fund owned approximately 0.93% of Presidio Property Trust as of its most recent SEC filing. 38.92% of the stock is owned by hedge funds and other institutional investors.

About Presidio Property Trust

Presidio Property Trust, Inc (we, our, us or the Company) is an internally-managed real estate investment trust (REIT), with holdings in office, industrial, retail and model home properties. We were incorporated in the State of California on September 28, 1999, and in August 2010, we reincorporated as a Maryland corporation.