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In a recent transaction disclosed in a Form 4 filing, Aaron Scott Halfacre, CEO and President of Modiv Industrial, Inc. (NASDAQ:MDV), acquired 671 shares of the company’s common stock, class C, on May 14, 2025. The shares were purchased at a price of $14.27 each, totaling approximately $9,575. According to InvestingPro data, this micro-cap company, valued at $169 million, maintains impressive gross profit margins of 93% and offers a substantial dividend yield of 8.2%. Following the transaction, Halfacre holds 116,083 shares directly. This move reflects continued insider investment in Modiv Industrial, a company involved in industrial real estate investment. InvestingPro analysis indicates the stock is currently trading slightly above its Fair Value, with a FAIR overall financial health score. For deeper insights into insider trading patterns and 8 additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Modiv Inc reported better-than-expected financial results for the first quarter of 2025. The company posted an earnings per share (EPS) of -$0.01, surpassing analysts’ forecasts of -$0.23. Additionally, Modiv Inc’s revenue came in at $11.8 million, exceeding the anticipated $11.49 million. Despite these positive financial results, the company has maintained a cautious outlook due to ongoing market volatility.
In other developments, Modiv Inc’s annualized base rent for its 43 properties stands at $39.4 million, with an 18% increase in Adjusted Funds from Operations (AFFO) to $3.9 million. The company’s CEO, Aaron Halfaker, expressed confidence in the strategic direction of the company, emphasizing disciplined expense management. Looking ahead, future EPS forecasts suggest gradual improvement, with projections of $0.08 for Q2 2025 and $0.05 for Q3 2025.
The company continues to explore potential development opportunities while maintaining its dividend at $0.09 per share monthly. However, Modiv Inc faces challenges such as market volatility, supply chain complexities, and tenant credit risk, with 30% of its tenants having investment-grade ratings. Despite these challenges, the company remains focused on its core business areas and strategic initiatives.
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