Richards Paul

Richards Paul has been an active participant in insider transactions across four companies—NexPoint Residential Trust (NXRT), NexPoint Diversified Real Estate Trust (NXDT), NexPoint Real Estate Finance (NREF), and an unspecified entity (NA)—with a clear historical bias toward selling. Over 42 reported transactions, total sales amounted to $674,943.83, dwarfing total purchases of $209,324. However, recent activity shows a notable shift: all five trades since mid-March 2026 have been buys, concentrated in NXRT and NXDT. On March 28, 2026, Richards acquired $12,865.80 worth of NXRT shares following earlier purchases of $37,215 and $27,330 in the same stock earlier that month. NXDT also saw a $22,367.52 buy on March 18, 2026, contrasting with a $13,900 sale in November 2025. The largest single transaction in the dataset was a $224,935.89 sale of unspecified securities (NA) on February 17, 2026, underscoring the earlier sell-heavy trend. NREF and NXRT were also frequent liquidation targets, with NREF sales totaling $122,171.76 across two transactions in February and March 2026. The recent pivot to buying, particularly in NXRT—where acquisitions since March 6 exceed $130,000—suggests a potential change in positioning. The absence of any sales in the past three months contrasts sharply with the broader pattern, though the long-term ratio still favors dispositions by more than 3-to-1 in dollar terms.