Skip to content
buyModerate

David Gerstenhaber bought $11M of FORFX

director at Forum Real Estate Income Fund. 1,185,841 shares at an average of $9.35, traded Dec 11, 2023, filed Dec 12, 2023.

Conviction score
58
Value
$11M
1,185,841 shares
Holdings after
126,828
change unknown
From 52-week low
+10%
low $6.60, close $7.24
From 52-week high
0%
high $7.24, as of Dec 11, 2023

Score components

  • Role
    Director
    +15
  • Trade size
    $11.1M at market
    +25
  • Relative to holdings
    First purchase: no shares before this trade
    +8
  • Price context
    10% above the 52-week low
    +10
  • Cluster
    No other insider buying within 14 days
    0
  • Repeat buying
    First buy in 90 days
    0
  • Track record
    Too few past buys to judge (0 with prices)
    0

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

FORFXOct 12, 2026 · close 9.70
Since filing Dec 12, 2023: +34.0%SPY +73.8% · excess -39.9%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001999371-23-000941, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Dec 11, 2023POpen-market purchase
Founders Sharesindirect: GRE II, LP
-1,185,841$9.35$11M126,828Dec 12, 2023

Related signals

Other insiders at Forum Real Estate Income Fund and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
41Moderate
FORFXsell
Forum Real Estate Income Fund
Elizabeth Anne Ryan
Secretary
$36k
3,681 shares
-100%
46Moderate
Forum Real Estate Income Fund
Darren Fisk
Chief Executive Officer
$500k
51,440 shares
+16%
50Moderate
Forum Real Estate Income Fund
Darren Fisk
Chief Executive Officer
$1.5M
154,959 shares
+98%
50Moderate
FORFXsell
Forum Real Estate Income Fund
Darren Fisk
Chief Executive Officer
$1.5M
154,959 shares
-9%
48Moderate
Forum Real Estate Income Fund
Raleigh Peters
director
$1.9M
200,000 shares
-

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

David Gerstenhaber bought $11M of FORFX | InsiderTell