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EdgarHawk

Brown Matthew C.

CFO and Treasurer

Officer
1 filing analyzed · 1 company · Latest 2024-11-14

Companies

Company Buys Sells Direction
DIVERSIFIED HEALTHCARE TRUST DHC 1 0 Net buying

Activity

November 2024
medium
Buy
2,000 shares
$5,098
Significance 4/10

CFO Matthew C. Brown buys 2,000 shares of DHC at $2.55 amid -30.8% 30-day decline; company unprofitable.

Matthew C. Brown, CFO and Treasurer, purchased 2,000 shares at $2.55 on 2024-11-13, a deliberate acquisition that increased his holdings from 84,282 to 86,282 shares. The timing occurs against significant headwinds: the stock has declined 30.8% over the past 30 days and trades 41.0% below its 52-week high of $4.19. Most importantly, the company's fundamentals show the organization is unprofitable, with a net loss of $-98.7M in its most recent full fiscal year despite quarterly revenue of $373.6M. The purchase by a senior financial officer during a period of deteriorating price action and company-wide losses presents a fact pattern that warrants investor attention to both the company's near-term operational trajectory and the CFO's rationale for capital allocation.

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