Thomas W. Toomey, an insider at UDR Inc (UDR), has purchased 840,401 shares of the company at a price of $35.63 per share, amounting to a total transaction value of $29.94 million. This acquisition took place on November 23, 2025.
Following this transaction, Toomey holds a total of 840,401 shares in UDR Inc. The company, headquartered in Highlands Ranch, Colorado, operates as a real estate investment trust, managing multifamily apartment communities across the United States. UDR Inc currently has a market capitalisation of $11.9 billion, with a price-to-earnings ratio of 79.64 and an earnings per share figure of 0.45.
Insider purchases can be regarded as a sign of confidence in a company's future prospects, as executives typically possess detailed knowledge of their firm's operations. However, it is crucial for investors to consider these transactions in the context of broader insider activity and not as standalone indicators.
Regulatory requirements mandate that insider transactions be reported to the SEC, thereby providing transparency regarding the actions of company executives. Investors may benefit from examining patterns of buying and selling among multiple insiders over time, rather than focusing solely on individual transactions.