Director Gingras buys 400 MDV shares at $14.20–$14.25 on 2025-06-25; stock at $14.10 today, down 21.3% from 52-week high.
Christopher Raymond Gingras, a director at MODIV INDUSTRIAL, executed 2 purchases totaling 400 shares for $5,695.00 at a blended average price of $14.24 on 2025-06-25. The current price of $14.10 sits 21.3% below the 52-week high of $17.92, and the stock has declined 11.1% over the past 90 days. Gingras's prior purchase at this ticker on 2025-05-14 posted a 30-day return of -3.2%, and his cross-ticker buy history shows an average 30-day return of -3.2% across 1 prior transaction. The company has a high P/E of 45.48 against recent quarterly net income of $829,000.00 and annual revenue growth of -1.0%, warranting scrutiny of whether this purchase reflects conviction or is simply part of routine portfolio activity by a board member.