Insider Buying: NexPoint Diversified Real Estate Trust (NYSE:NXDT) Insider Buys 9,832 Shares of Stock

NexPoint Diversified Real Estate Trust (NYSE:NXDT) insider James D. Dondero purchased 9,832 shares of the firm’s stock in a transaction on Friday, June 28th. The stock was bought at an average cost of 5.44 per share, with a total value of 53,486.08. Following the completion of the acquisition, the insider now directly owns 258,025 shares of the company’s stock, valued at approximately 1,403,656. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

NexPoint Diversified Real Estate Trust Trading Down 2.9 %

NYSE:NXDT traded down 0.16 during trading hours on Monday, reaching 5.37. The company had a trading volume of 175,600 shares, compared to its average volume of 147,212. NexPoint Diversified Real Estate Trust has a 1-year low of 4.67 and a 1-year high of 13.07. The business’s 50 day moving average price is 5.52 and its 200-day moving average price is 6.33.

NexPoint Diversified Real Estate Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Wednesday, May 15th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 11.17%. The ex-dividend date of this dividend was Tuesday, May 14th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Baystate Wealth Management LLC acquired a new position in shares of NexPoint Diversified Real Estate Trust during the 4th quarter worth approximately $36,000. Tower Research Capital LLC TRC raised its stake in NexPoint Diversified Real Estate Trust by 411.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 9,403 shares of the company’s stock valued at $75,000 after purchasing an additional 7,563 shares during the last quarter. BNP Paribas Financial Markets raised its stake in NexPoint Diversified Real Estate Trust by 79.2% in the 1st quarter. BNP Paribas Financial Markets now owns 16,067 shares of the company’s stock valued at $106,000 after purchasing an additional 7,101 shares during the last quarter. SG Americas Securities LLC raised its stake in NexPoint Diversified Real Estate Trust by 29.5% in the 4th quarter. SG Americas Securities LLC now owns 17,402 shares of the company’s stock valued at $138,000 after purchasing an additional 3,965 shares during the last quarter. Finally, Jump Financial LLC acquired a new position in NexPoint Diversified Real Estate Trust in the 4th quarter valued at $174,000.

About NexPoint Diversified Real Estate Trust

NexPoint Diversified Real Estate Trust (NXDT) is an externally advised diversified real estate investment trust (REIT), with its shares of common stock and 5.50% Series A Cumulative Preferred Shares listed on the New York Stock Exchange under the symbols NXDT and NXDT-PA, respectively. As a diversified REIT, NXDT's primary investment objective is to provide both current income and capital appreciation.