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Frank Kavanaugh, Chairman, CEO, and President of Medalist Diversified REIT, Inc. (NASDAQ:MDRR), recently purchased 4 shares of the company’s common stock at $11.75, in a transaction totaling $47. The purchase comes as the company trades near its InvestingPro Fair Value, with a market capitalization of $15.55 million and a current stock price of $11.50.
The transaction, which occurred on June 13, 2025, was disclosed in a Form 4 filing with the Securities and Exchange Commission. Following the purchase, Kavanaugh directly owns 240,004 shares of Medalist Diversified REIT. While the company maintains a healthy current ratio of 2.83 and shows a high shareholder yield according to InvestingPro analysis, it has faced challenges with a revenue decline of 8.65% in the last twelve months. Subscribers to InvestingPro can access 5 additional key insights about MDRR’s financial health and market position.
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