Summary by Moomoo AI
On January 6, 2025, Ursa Fund Management, LLC executed a significant transaction involving Wheeler Real Estate Investment Trust, Inc. The firm disposed of 10,000 shares of Series D Cumulative Preferred stock at a price of $39.82 per share, resulting in a total transaction value of $398,200.Following this sale, Ursa Fund Management's beneficial ownership of Wheeler REIT's securities decreased to 389,206 shares. The transaction was reported as an indirect ownership, with the nature of indirect beneficial ownership referenced in a footnote. This move suggests a strategic adjustment in Ursa Fund Management's investment position in Wheeler REIT.The transaction was completed on the reported date, indicating a decisive action by the investment management firm. While the specific motivations behind the sale are not disclosed, such transactions by institutional investors often attract attention from market analysts and other stakeholders in the real estate investment trust sector.
