Lawrence Ricketts, serving as both Executive Vice President and Chief Operating Officer at One Liberty Properties Inc. (NASDAQ:OLP), completed a series of stock transactions last week that resulted in the sale of 12,000 shares of the company's common stock. The aggregate value of these divestments reached approximately $286,299. The sales were executed across a five-day window from June 25 through June 29, 2026, with the per-share sale prices varying between $21.8204 and $24.5045.
The initial transaction took place on June 25, when Ricketts disposed of 2,501 shares. This specific block was sold at a weighted average price of $21.8204 per share. The trades within this transaction occurred at prices ranging from $23.80 to $23.85.
On June 26, the executive sold an additional 3,499 shares. These shares were transacted at a weighted average price of $24.2068 per share, with individual trade prices falling between $24.05 and $24.29.
The final reported sale occurred on June 29, involving 6,000 shares. This transaction was executed at a weighted average price of $24.5045 per share, with prices ranging from $24.29 to $24.76.
Following these recent sales, Ricketts directly holds 165,521.863 shares of One Liberty Properties common stock.
The timing of these insider sales is notable given the current market position of OLP. The stock is currently trading near its 52-week high of $25. Over the past six months, the share price has delivered a 25% return. Despite this recent performance, InvestingPro analysis indicates that the stock appears overvalued relative to its calculated Fair Value. The company maintains an attractive 7.36% dividend yield and has a long history of shareholder returns, having paid dividends for 36 consecutive years.