Rep. Jefferson Shreve Millrose Properties, Inc. (NYSE:MRP) Shares

Representative Jefferson Shreve (R-Indiana) recently bought shares of Millrose Properties, Inc. (NYSE:MRP). In a filing disclosed on March 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Millrose Properties stock on February 24th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of Royal Gold (NASDAQ:RGLD) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of QUALCOMM (NASDAQ:QCOM) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 2/24/2025.
• Sold $15,001 – $50,000 in shares of Norfolk Southern (NYSE:NSC) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of CoStar Group (NASDAQ:CSGP) on 2/24/2025.
• Purchased $50,001 – $100,000 in shares of AbbVie (NYSE:ABBV) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of Johnson & Johnson (NYSE:JNJ) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of The Cigna Group (NYSE:CI) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of Adobe (NASDAQ:ADBE) on 2/24/2025.

Millrose Properties Trading Down 0.5 %

MRP traded down $0.10 on Tuesday, reaching $21.52. The company had a trading volume of 610,539 shares, compared to its average volume of 5,512,002. Millrose Properties, Inc. has a fifty-two week low of $19.00 and a fifty-two week high of $27.07.

Insider Buying and Selling

In other news, Director Carlos A. Migoya purchased 3,458 shares of the company’s stock in a transaction dated Wednesday, March 5th. The stock was bought at an average cost of $22.45 per share, for a total transaction of $77,632.10. Following the purchase, the director now owns 10,106 shares of the company’s stock, valued at approximately $226,879.70. The trade was a 52.02 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Garett Rosenblum bought 5,900 shares of the stock in a transaction on Monday, March 3rd. The stock was purchased at an average cost of $22.84 per share, with a total value of $134,756.00. Following the acquisition, the insider now owns 5,900 shares in the company, valued at approximately $134,756. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group initiated coverage on Millrose Properties in a report on Thursday, February 27th. They set a “buy” rating and a $25.00 price target for the company.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Millrose Properties

Millrose Properties, Inc is a real estate investment and management company that focuses on acquiring, developing, and managing high-quality commercial properties. They are headquartered in Purchase, New York.