Daniel P. Donlan, an insider at Netstreit Corp (NTST), recently acquired 24,075 shares of the company at a price of $17.34 per share, totaling approximately $418,000. Following this transaction, Donlan now holds 24,075 shares of the real estate investment trust.
Netstreit Corp specializes in acquiring single-tenant net lease retail properties across the U.S. The company, headquartered in Dallas, Texas, operates a diversified portfolio of around 687 properties in 45 states, representing 98 different tenants across 26 retail sectors. With a market capitalization of $1.5 billion, Netstreit has a P/E ratio of 8,284.87 and a dividend yield of 471.2%. Upcoming earnings are projected for April 27, 2026, with an estimated EPS of $0.07 and revenue of $50.5 million.
Insider buying often signals confidence in a company's future prospects, as executives typically have access to non-public information. However, such transactions should not be the sole basis for investment decisions, as various personal or regulatory factors may influence these actions. Investors are encouraged to consider broader patterns of insider activity over time and across multiple insiders, rather than focusing on isolated transactions.