Millrose Properties, Inc. (NYSE:MRP - Get Free Report) insider Garett Rosenblum bought 5,900 shares of Millrose Properties stock in a transaction on Monday, March 3rd. The stock was acquired at an average cost of $22.84 per share, with a total value of $134,756.00. Following the acquisition, the insider now owns 5,900 shares of the company's stock, valued at $134,756. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of NYSE:MRP traded down $0.59 during trading on Monday, hitting $22.27. 3,309,774 shares of the stock were exchanged, compared to its average volume of 6,985,363. Millrose Properties, Inc. has a 12-month low of $19.00 and a 12-month high of $27.07.
Separately, The Goldman Sachs Group initiated coverage on shares of Millrose Properties in a research note on Thursday. They issued a "buy" rating and a $25.00 price objective for the company.
View Our Latest Research Report on MRP
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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