BLAU JEFF

Director Jeff Blau initiates stake in SUI with 3,665 shares at $117.99 (May 2025)

Director Jeff Blau purchased 3,665 shares of Sun Communities at $117.99 on 2025-05-23, establishing an initial position. This represents a new buy by the director, though the stock currently trades at $125.12, about -15.2% from its 52-week high. The company faces significant headwinds: latest quarterly revenue is $470.2M with a net loss of $-41.2M, and the P/E ratio of 181.33 reflects a deep valuation dislocation given the negative earnings backdrop. The purchase occurred during a period where the stock has declined -3.6% over the prior 90 days, providing observable context for the timing of the transaction.