David L. Gruber, a director at LTC Properties Inc. (NASDAQ:LTC), recently increased his holdings through an open market purchase and restricted stock grant.
On May 21, 2026, Mr. Gruber acquired 4,000 shares at $38.41 per share, totaling $153,640. The stock trades near its 52-week high of $40.80.
Additionally, on May 20, 2026, he received 3,077 shares as a restricted stock award valued at $120,003.
Following these transactions, Mr. Gruber directly holds 44,045 shares. LTC has maintained dividend payments for 25 consecutive years.
In Q1 2026, LTC reported revenue of $95.41 million, beating forecasts by 43.69%, but EPS of $0.48 missed the expected $0.53.
