This Insider Helped American Homes (NYSE:AMH) Stock Move up on Friday
American Homes 4 Rent (NYSE:AMH) came into the limelight after one of its Directors conducted a Buy trade worth $15.43 million on Friday. American Homes is a real estate investment trust, which engages in acquisitions, maintenance, and leasing of rental homes. Shares of this $12.9-billion company rose 1% to close at $37.05 on Friday. Notably, AMH stock has fallen 14.2% since the beginning of 2022. According to TipRanks’ Insiders Trading tool, American Homes’ Director, Tamara Hughes Gustavson, purchased 422,203 shares of AMH stock for $36.54 per share. The Director’s stake in American Homes is now worth $21 million, representing 6.16% of shares outstanding.
This Insider Helped American Homes (NYSE:AMH) Stock Move up on Friday
American Homes 4 Rent (NYSE:AMH) came into the limelight after one of its Directors conducted a Buy trade worth $15.43 million on Friday. American Homes is a real estate investment trust, which engages in acquisitions, maintenance, and leasing of rental homes. Shares of this $12.9-billion company rose 1% to close at $37.05 on Friday. Notably, AMH stock has fallen 14.2% since the beginning of 2022. According to TipRanks’ Insiders Trading tool, American Homes’ Director, Tamara Hughes Gustavson, purchased 422,203 shares of AMH stock for $36.54 per share. The Director’s stake in American Homes is now worth $21 million, representing 6.16% of shares outstanding.