In a recent transaction, Matthew S. Guttin, Chief Compliance Officer of Starwood Real Estate Income Trust, Inc., sold a total of 3,116 Class I Common Shares of the company. This sale amounted to $71,917, with the shares sold at a price of $23.08 each.
The transaction, which occurred on April 1, 2024, was disclosed in a regulatory filing with the Securities and Exchange Commission. Following the sale, Guttin's remaining stake in the company consists of 13,888 shares. According to a footnote in the filing, the shares were sold to cover taxes associated with the vesting of Restricted Stock Units (RSUs) on March 15, 2024.
Starwood Real Estate Income Trust, Inc., which does not have a trading symbol as it is a non-traded REIT, is known for its involvement in the real estate investment trusts industry. The company, incorporated in Maryland, operates within the real estate and construction sector.
Investors often monitor the buying and selling activities of company insiders like Guttin, as these transactions can provide insights into the executive's view of the company's current valuation and future prospects.
For further details on the company's insider transactions, interested parties can refer to the full Form 4 filing available on the SEC's website.
InvestingPro Insights
In light of the recent insider transaction at Starwood Real Estate Income Trust, Inc., it is crucial for investors to consider the broader financial context of the company. The InvestingPro data reveals some key metrics that could influence investor perception and decision-making:
- The company's Market Cap stands at a modest $115.65 million, which may appeal to investors looking for opportunities in smaller-cap companies within the real estate investment trusts industry.
- Starwood Real Estate Income Trust, Inc. has experienced a significant Revenue Growth of 65.16% over the last twelve months as of Q2 2023, indicating a potentially strong market position and business expansion.
- However, the company's Price / Book ratio is quite high at 26.14, suggesting that the stock might be trading at a premium compared to the company's book value.
Moreover, the InvestingPro Tips highlight essential considerations:
- The stock has shown a strong return over the last three months, with a price total return of 21.45%, which may attract investors looking for recent positive performance.
- Despite this uptick, the stock has fared poorly over the last month, with a price total return of -25.45%, indicating high price volatility that potential investors should be aware of.
For those looking to dive deeper into the financials and strategic outlook of Starwood Real Estate Income Trust, Inc., InvestingPro offers additional tips to guide your investment strategy. By using the coupon code PRONEWS24, investors can get an additional 10% off a yearly or biyearly Pro and Pro+ subscription, providing access to a wealth of insights and data for informed decision-making. Visit https://www.investing.com/pro/ for a full list of tips, including several not mentioned here.
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