Innovative Industrial Company Insiders

IIPR Stock  USD 52.36  -0.02  -0.04%   
Innovative Industrial's insiders are aggressively buying. The analysis of insiders' sentiment of trading Innovative Industrial Properties stock suggests that virtually all insiders are extremely bullish at this time. Innovative Industrial employs about 23 people.
Insider Sentiment
Aggressively Buying
 
Selling
 
Buying

Latest Trades

2025-11-24Alan D GoldAcquired 2600 @ 49.09View
2025-11-20David Jon SmithAcquired 600 @ 45.9View
2025-11-19Alan D GoldAcquired 1000 @ 46.26View
Following insider trading sentiment in Innovative Industrial can help investors add context around confidence, timing, and operating risk while the public narrative is still evolving. The signal is still regulated and disclosed under securities law, which is why the public filing record matters more than rumor or interpretation alone.

Innovative Industrial's Workforce Through the Years

Historical employee data for Innovative Industrial can give investors another way to assess whether the business is scaling, restructuring, or stabilizing across different operating conditions. Based on the current model, Innovative is expected to maintain slightly above 20 employees by April 2026.
Macro event markers
 
Covid
 
Interest Hikes

Management Team Effectiveness

The company has return on total asset (ROA) of 3.42 % implying that the company is running its asset base efficiently at $3.42 per $100. This is in the middle of the sector distribution. Similarly, it shows a return on stockholder's equity (ROE) of 6.25 %, implying that equity holders earned $6.25 on every $100 of investment in it.
As of last month (February 2026), Net Income Applicable To Common Shares is projected to grow to approximately 190.3 M, although Common Stock Shares Outstanding is expected to fall to slightly above 18.3 M.

Stock Institutional Investors

About 71.66% of Innovative Industrial Properties is held by institutions, with insiders at 1.80%. Current market capitalization is about 1.45 Billion. This helps separate index flows from active bets. The business currently sits in the Real Estate sector and the Equity Real Estate Investment Trusts (REITs) industry. Volume spikes around index rebalance dates are worth monitoring given the high institutional share.
Shares
Morgan Stanley - Brokerage Accounts2025-09-30
313.2 K
Jpmorgan Chase & Co2025-09-30
301.2 K
Millennium Management Llc2025-12-31
250.1 K
Alphacore Capital Llc2025-12-31
214.3 K
Legal & General Group Plc2025-12-31
193.9 K
Point72 Asset Management, L.p.2025-12-31
184.6 K
Principal Financial Group Inc2025-09-30
166.8 K
Thrivent Financial For Lutherans2025-12-31
142.3 K
Edgestream Partners, L.p.2025-12-31
126.2 K
Blackrock Inc2025-09-30
4.7 M
Vanguard Group Inc2025-12-31
4.3 M
Innovative Industrial Properties smaller-cap profile at 1.45 Billion shapes market structure and potential liquidity pressure during stressed periods. Whether Innovative Industrial Properties institutional base is index-driven or conviction-based changes how to read it - at this size active managers often hold meaningful weight.

Insider Trading Activities

Insider disclosures for Innovative Industrial Properties show how people closest to the business are behaving as market expectations change. Most U.S. insider trades appear in Form 4 filings. The value comes from reading the sequence, not one filing in isolation.

Outstanding Bonds

Corporate bonds issued by Innovative Industrial Properties matter because they shape interest expense, maturity risk, and the flexibility management has during tighter credit conditions. Current market capitalization is about 1.45 Billion. Bond investors and equity investors often care about the same cash flows, but they rank the risks differently.

Corporate Filings

8K
16th of March 2026
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
4th of March 2026
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10K
24th of February 2026
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
8K
23rd of February 2026
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
3rd of February 2026
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
21st of January 2026
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
6th of January 2026
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
5th of January 2026
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
The majority of Innovative Industrial's outstanding shares are owned by institutions. This level of institutional concentration typically reflects the stock's inclusion in major indices, consistent liquidity, and long-term investment attractiveness for funds managing assets on behalf of pensions, endowments, and other institutional clients. With institutions controlling the majority of the float, changes in quarterly 13F filings can provide meaningful signals about shifts in professional investor sentiment. The ownership breakdown for Innovative Industrial shows approximately 72% institutional, 2% insider, and 27% public.
 
Shares in Circulation  
 First Issued
2016-03-31
 Previous Quarter
28.3 M
 Current Value
28.3 M
 Average Shares Outstanding
18.8 M
 Quarterly Volatility
10.5 M
Macro event markers
 
Yuan Drop
 
Covid
 
Interest Hikes

Holders Distribution

A large institutional presence around Innovative Industrial Properties deserves attention because well-resourced investors can establish or unwind positions quickly enough to change the market character of the security. Used correctly, the ownership map shows where professional sponsorship may be strong and where exit risk could still be significant.

Market Cap and Value

Workforce Comparison

Innovative Industrial Properties is ranked fifth for number of employees against industry peers. The total workforce of Real Estate industry is currently estimated at about 1,773. Innovative Industrial claims roughly 23.0 in number of employees contributing just under 2% to equities listed under Real Estate industry.

Profit Margins

The company has Profit Margin (PM) of 44.0 %, which implies that the company generates enough margin to fund operations and growth. This exceeds typical sector levels. Similarly, it shows Operating Margin (OM) of 51.0 %, which means that for every $100 of revenue, operating activities generate $51.0 in income.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.740.8865
Fairly Down
Slightly volatile

Insider Trading History

The insider trade history for Innovative Industrial Properties reveals whether executives were buying or selling during key price moves. Current market capitalization is about 1.45 Billion. Larger blocks and clustered timing carry more weight than isolated trades.
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2026-03-01
1.0
6
6
156,136
34,198
2025-03-01
1.25
5
4
97,652
15,645
2024-03-01
2.0
6
3
89,035
5,000
2023-12-01
1.0
1
1
747.46
2,500
2023-03-01
2.3333
7
3
86,624
3,695
2022-03-01
1.7143
12
7
151,735
10,551
2021-12-01
0.1429
1
7
177.59
36,577
2021-09-01
0.1429
1
7
191.67
13,709
2021-06-01
0.625
5
8
3,957
7,000
2021-03-01
0.625
10
16
94,341
50,303
2020-12-01
2.0
2
1
56,748
56,500
2020-09-01
0.2857
2
7
813.57
34,396
2020-03-01
1.0
6
6
43,361
31,622
2019-12-01
1.125
9
8
9,885
19,000
2019-06-01
1.0
3
3
2,977
6,181
2019-03-01
1.0
4
4
43,536
19,568
2018-06-01
7.0
7
1
4,221
6,013
2018-03-01
1.25
5
4
73,011
11,839
2017-06-01
1.5
6
4
5,891
21,529

Notable Stakeholders

Stakeholder analysis for Innovative Industrial is useful because companies often face trade-offs among groups that want very different outcomes from the same business. This becomes more informative when investors want to understand not just ownership, but influence, incentives, and strategic pressure points.
Paul SmithersPresident, Chief Executive Officer, DirectorProfile
Catherine HastingsChief Financial Officer, TreasurerProfile
David SmithCFO TreasurerProfile
Brian JDGeneral VPProfile
Mary CurranIndependent DirectorProfile
Gary KreitzerIndependent Vice Chairman of the BoardProfile
Tracie HagerSenior ManagementProfile
Catherine CPACFO TreasurerProfile
Brian WolfeVice President General Counsel, SecretaryProfile
Andy BuiChief Accounting Officer, Vice PresidentProfile
Ben ReginChief OfficerProfile
Scott ShoemakerIndependent DirectorProfile
Griffin MarquardtDirector ManagementProfile
Eli KanterSenior FinanceProfile
Kelly SpicherSenior CounselProfile
David StecherIndependent DirectorProfile
Alan GoldExecutive Chairman of the BoardProfile

Management Information & Data Sources

Innovative Industrial is a small-cap company in Diversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate. Executive review focuses on insiders, senior management, and employee signals. Leadership review helps frame whether management actions match reported operating results. CEO is Paul Smithers with 23 employees and 17 reported executives.

Reported values for Innovative Industrial Properties are derived from periodic company reporting and market reference feeds and then standardized for analysis. Professional analyst research is incorporated when coverage is available. Refresh timing depends on source availability. Insider and management fields are mapped from published filings and company disclosures.

This content is curated and reviewed by:

Ellen Johnson - Member of Macroaxis Editorial Board
Last reviewed on March 11th, 2026

Workforce Efficiency and Productivity

Workforce efficiency at Innovative Industrial Properties can help investors judge how effectively labor resources are being converted into revenue and profit over time. A disciplined workforce review can reveal whether execution quality is improving beneath the top-line numbers.

Innovative Industrial Manpower Efficiency

Return on Innovative Industrial Manpower

Revenue Per Employee11.6M
Revenue Per Executive15.6M
Net Income Per Employee5M
Net Income Per Executive6.7M

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