Monmouth Real Estate Investment Corp (MNR) insider Eugene Landy sells USD 90,000 of stock

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FREEHOLD, NJ (MMD Newswire) February 22, 2012 -- Eugene Landy sold 10,000 shares of Monmouth Real Estate Investment Corp stock, or $90,000 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on February 22, 2012.

After the transaction, Eugene Landy's stake was reported as 689,042 shares of Monmouth Real Estate Investment Corp stock. Eugene Landy's title was listed as "Director President" at Monmouth Real Estate Investment Corp within the filing.

As noted on February 22, 2012, Eugene Landy's sale was done directly over 1 transaction on February 22, 2012. The share price for the transaction was $9 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Eugene Landy has sold a total of 30,000 shares of Monmouth Real Estate Investment Corp, proceeds from the sale totaled $278,070. Over the same time period, Eugene Landy has purchased 7,581 shares of Monmouth Real Estate Investment Corp, with a total cost of $60,000. Eugene Landy has also performed other transactions including grants or awards , and gifts .

Let's take a quick, high-level look at insider trading at Monmouth Real Estate Investment Corp over the past 12 months. A total of 30,000 shares of Monmouth Real Estate Investment Corp stock was sold by insiders, totaling $278,070. Over the same time 12 month time period, 56,138 shares of Monmouth Real Estate Investment Corp, for a total value of $450,328 were purchased by company insiders.

In addition to Eugene Landy's role with Monmouth Real Estate Investment Corp, Eugene Landy has affiliations with 2 other companies. Eugene Landy's affiliations include Monmouth Real Estate Investment Corp, Umh Properties, Inc, Monmouth Capital Corp .

Source: SEC Filings

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