Bruce Alan Ives, EXECUTIVE CHAIRMAN at INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR), bought 40,000 shares at $25.00 ($1.0M) on 2026-10-08, disclosed to the SEC on 2026-10-13.
Executive Chairman Bruce Alan Ives purchased $1.0M of stock at $25.00, marking the largest insider purchase in the company's history. This significant buy signals confidence in the stock's valuation, especially given the recent 19.58% decline over the last 90 days.
IIPR is trading at $51.22, down 8.91% over the past 30 days and 19.58% over the last 90 days, but remains 14.89% above its 52-week low of $44.58.
Insider purchased the largest amount in company history; track this momentum.
The stock has a high beta of 1.418, indicating higher volatility than the market, and a short interest of 0.24% of the float.
Nothing distinguishes this filing.