Gladstone Commercial Corp (GOOD): Robert G Cutlip , President of Gladstone Commercial Corp purchased 500 shares on Jul 11, 2016. The Insider buying transaction was reported by the company on Jul 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $17.25 per share for a total value of $8,625.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 8, 2016, Robert G Cutlip (President) purchased 400 shares at $15.61 per share price.On Feb 25, 2016, Walter H Wilkinson (director) purchased 3,300 shares at $14.64 per share price.Also, On Aug 10, 2015, Paul W Adelgren (director) purchased 900 shares at $15.70 per share price.
Gladstone Commercial Corporation: On Monday, Jul 11, 2016 heightened volatility was witnessed in Gladstone Commercial Corporation which led to swings in the share price. The shares opened for trading at $17.25 and hit $17.37 on the upside , eventually ending the session at $17.36, with a gain of 1.11% or 0.19 points. The heightened volatility saw the trading volume jump to 2,09,512 shares. The 52-week high of the share price is $17.88 and the company has a market cap of $409 M . The 52-week low of the share price is at $12.
Gladstone Commercial Corporation is a real estate investment trust (REIT). The Company is engaged in investing and owning net leased industrial commercial and retail real properties and making long-term industrial and commercial mortgage loans. The Companys principal investment objective is to generate income from rental properties and mortgage loans. The Companys portfolio of real estate is leased to a section of tenants ranging from small businesses to large public companies. The Company owns approximately 96 properties. The Company conducts its activities including the ownership of its properties through Gladstone Commercial Limited Partnership (Operating Partnership). The Companys business is managed by its external adviser Gladstone Management Corporation. Gladstone Administration LLC provides administrative services to the Company.