Ore Benjamin buys 100 shares of MDRR at $12.40; stock down 5.7% in 90 days, yet insider shows pattern of well-timed purchases at this ticker.
Ore Benjamin purchased 100 shares of Medalist Diversified REIT on 2025-03-17 at $12.40, increasing holdings by 0.7% to 14,600 shares. The current price of $12.41 reflects minimal movement, but the stock has declined 5.7% over the past 90 days and 2.3% over the past 30 days, below the 52-week high by 14.3%. Despite near-term weakness, Benjamin's prior trades at MDRR demonstrate a pattern of favorable long-term timing: 3 of 4 prior measurable buys were well-timed, with 90-day returns of +1.6%, +2.0%, and +2.1%, suggesting prior purchases preceded gains. The company's fundamentals show pressure—net income of $-526,996.00 for the latest quarter and annual revenue decline of -5.2%—offsetting any conviction signal from the insider's continued accumulation. The small transaction size ($1,240.00) and modest price point relative to the recent range merit monitoring of whether this reflects selective accumulation or margin-of-safety buying in a deteriorating operating environment.