UMH Properties director sells $622k in stock

Published 18/08/2025, 20:40
UMH Properties director sells $622k in stock

William Edward Mitchell, a director of UMH Properties, Inc. (NYSE:UMH), sold 39,000 shares of the company’s stock on August 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $15.97, totaling $622,830. UMH Properties, a real estate investment trust with a market capitalization of $1.33 billion, currently trades near its InvestingPro Fair Value. The company maintains a solid financial health score of "GOOD" according to InvestingPro’s comprehensive analysis.

Following the transaction, Mitchell directly owns 25,104.45 shares of UMH Properties, Inc. In addition, Mitchell indirectly owns 2,368.03 shares through Mitchell Portfolio Management. The company offers investors a notable 5.64% dividend yield and has maintained dividend payments for 36 consecutive years. InvestingPro subscribers can access 8 additional key insights about UMH’s financial performance and valuation metrics in the Pro Research Report.

In other recent news, UMH Properties announced its financial results for the second quarter of 2025, reporting a mixed performance. The company reported an earnings per share (EPS) of $0.03, which was below the forecasted $0.038, representing a 21.05% negative surprise. On a more positive note, revenue figures exceeded expectations, coming in at $66.6 million compared to the anticipated $63.42 million, marking a 5.08% positive surprise. Despite the EPS miss, UMH Properties demonstrated resilience in its financial performance. These recent developments highlight the company’s ability to generate higher-than-expected revenue, even as earnings per share fell short of projections.

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