Bullish indicating open at $55-$60, IPO prices at $37
Modiv Industrial, Inc. (NYSE:MDV) CEO Aaron Scott Halfacre reported purchasing 129 shares of the company’s Class C common stock on June 26, 2025, according to a Form 4 filing with the Securities and Exchange Commission. This insider purchase aligns with InvestingPro data showing management’s continued commitment to share repurchases, with the company currently offering an attractive 8.29% dividend yield. The shares were acquired at a price of $14.10, totaling $1,818. Following the transaction, Halfacre directly owns 121,000.8185 shares of Modiv Industrial. The purchase price sits near the stock’s 52-week low of $13.62, though InvestingPro analysis suggests the stock may be overvalued despite impressive gross profit margins of 92.56%. For deeper insights into MDV’s valuation and 10+ additional ProTips, including detailed financial health metrics, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Modiv Inc reported its first-quarter 2025 earnings, delivering results that exceeded analysts’ expectations. The company achieved an earnings per share (EPS) of -$0.01, a significant improvement over the projected -$0.23. Revenue for the quarter reached $11.8 million, surpassing the forecasted $11.49 million. Despite these positive financial outcomes, the company’s stock experienced a decline in pre-market trading. Modiv Inc maintains a cautious outlook due to market volatility, but the company continues to focus on strategic initiatives and operational efficiency. The company plans to uphold its dividend at $0.09 per share monthly. Analysts from firms such as Janney Montgomery Scott and Alliance Global Partners (NYSE:GLP) have been actively engaging with Modiv’s management, discussing various aspects of the company’s performance and future plans. Modiv Inc’s management has expressed confidence in their strategic direction, emphasizing disciplined expense management and a focus on core business areas.
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