5 Mid-Cap Stocks with Recent Insider Purchases

In this article, we will take a look at the 5 mid-cap stocks that insiders have been buying lately. If you want to explore similar stocks, you can go to Inside Scoop: 10 Mid-Cap Stocks with Recent Insider Purchases.

5. Blackstone Mortgage Trust Inc. (NYSE:BXMT)

Market Cap as of May 22: $3.04 Billion

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) operates as a mortgage REIT in the United States. The company is headquartered in New York. As of May 22, Blackstone Mortgage Trust Inc. (NYSE:BXMT) is worth $3.04 billion on the open market.

This April, BTIG analyst Sarah Barcomb took coverage of Blackstone Mortgage Trust Inc. (NYSE:BXMT) with a Buy rating and a $19 price target.

Insiders are pouring into Blackstone Mortgage Trust Inc. (NYSE:BXMT). On May 10 the company disclosed that its cofounder and chairman, Michael Nash, acquired 50,000 shares of the company’s stock at $17.22 per share. The transaction was valued at $0.86 million.

As of March 31, LDR Capital is the largest shareholder in Blackstone Mortgage Trust Inc. (NYSE:BXMT) and has a position worth $30.3 million in the company.