NXRT Paul Richards buys $198K worth of shares
Apr 10, 2025, 4:34 AM
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What does NXRT do
NexPoint Residential Trust, headquartered in Dallas, Texas, focuses on acquiring and managing middle-income multifamily properties in large cities, aiming for cash flow growth and long-term capital appreciation. Established in 2015, it employs three people and may invest up to 30% of its portfolio in real estate-related debt.
Paul Richards bought 5,814 shares of NXRT on 7 April at $34.14 per share, worth a total of $198K. They now own 18,493 NXRT shares, or a 46% holding increase.
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