Howard Richard Page, a trustee of North European Oil Royalty Trust (NYSE:NRT), recently purchased 5,000 units of beneficial interest in the trust. The transaction, which took place on January 16, was executed at a price of $4.9399 per share, totaling approximately $24,699. Following this acquisition, Page holds a total of 275,000 shares directly in the $45 million market cap trust. According to InvestingPro data, NRT trades at a P/E ratio of 9x and boasts a remarkable 49-year track record of consecutive dividend payments. The trust currently maintains a "GREAT" financial health score, though technical indicators suggest the stock may be overbought. For comprehensive insider trading analysis and additional insights, InvestingPro offers 8 more key tips for NRT investors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.