Does This Property Management Stock Look Mispriced After a New $8 Million Buy?

FirstService provides property management and home services across North America, with revenue anchored by recurring management contracts.On January 20, Jacobson & Schmitt Advisors reported buying 49,829 shares of FirstService (FSV 0.52%) for an estimated $8.11 million based on quarterly average pricing.What happenedIn a SEC filing dated January 20, Jacobson & Schmitt Advisors disclosed purchasing 49,829 additional shares of FirstService (FSV 0.52%), bringing its total position to 144,994 shares. The estima ...