Director Singleton purchases 6,500 shares of HR at $18.24 (2 transactions, $118.6K) while company unprofitable; stock down from 52-week high
Director John Knox Singleton purchased 6,500 shares across two separate transactions on 2024-09-05 at $18.24/share for $118,564.26 total, raising his holdings from 50,582 to 57,082 shares (a +12.9% increase). This purchase occurred while Healthcare Realty Trust reported negative net income of $-143,780,000.00 over its most recent full fiscal year, and the current price of $17.95 sits 0.7% below the 52-week high of $18.07. Notably, Singleton's prior buy at this same ticker in August 2023 yielded negative returns at both 30-day (-2.6%) and 90-day (-13.8%) marks. The filing reflects a cluster pattern with 3 other insiders also buying within the past 14 days, suggesting coordinated director-level acquisition activity despite the company's unprofitable status and stock proximity to year-high valuations.