Millrose Properties, Inc. (NYSE:MRP - Get Free Report) was the recipient of unusually large options trading activity on Wednesday. Investors purchased 2,281 put options on the company. This is an increase of 805% compared to the typical volume of 252 put options.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group started coverage on shares of Millrose Properties in a report on Thursday, February 27th. They set a "buy" rating and a $25.00 price objective for the company.
Check Out Our Latest Stock Report on Millrose Properties
Insider Transactions at Millrose Properties
In other news, Director Carlos A. Migoya bought 3,458 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The stock was bought at an average price of $22.45 per share, with a total value of $77,632.10. Following the acquisition, the director now owns 10,106 shares of the company's stock, valued at approximately $226,879.70. This represents a 52.02 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Garett Rosenblum purchased 5,900 shares of the firm's stock in a transaction on Monday, March 3rd. The shares were acquired at an average cost of $22.84 per share, for a total transaction of $134,756.00. Following the completion of the acquisition, the insider now owns 5,900 shares of the company's stock, valued at approximately $134,756. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here.
Millrose Properties Stock Up 2.6 %
MRP traded up $0.64 during trading on Friday, hitting $25.31. 10,986,750 shares of the company traded hands, compared to its average volume of 5,069,018. Millrose Properties has a 1 year low of $19.00 and a 1 year high of $27.07.
Millrose Properties Announces Dividend
The company also recently disclosed a -- dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, April 4th will be given a dividend of $0.38 per share. The ex-dividend date is Friday, April 4th.
About Millrose Properties
(
Get Free Report)
Millrose Properties, Inc is a real estate investment and management company that focuses on acquiring, developing, and managing high-quality commercial properties. They are headquartered in Purchase, New York.
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