American Strategic Investment Co. (NYSE:NYC) Major Shareholder Acquires $11,838.22 in Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch acquired 1,367 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The shares were purchased at an average cost of $8.66 per share, with a total value of $11,838.22. Following the completion of the acquisition, the insider now owns 933,719 shares in the company, valued at $8,086,006.54. This trade represents a 0.15 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

American Strategic Investment Price Performance

American Strategic Investment stock opened at $8.99 on Wednesday. American Strategic Investment Co. has a fifty-two week low of $5.46 and a fifty-two week high of $10.91. The firm has a fifty day moving average price of $8.70 and a two-hundred day moving average price of $8.92. The firm has a market cap of $23.95 million, a price-to-earnings ratio of -0.11 and a beta of 0.12.

American Strategic Investment Company Profile

American Strategic Investment Co (NYSE: NYC) owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.