American Strategic Investment Co. (NYSE:NYC) Major Shareholder Purchases $11,928.63 in Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch acquired 1,321 shares of American Strategic Investment stock in a transaction that occurred on Monday, January 6th. The stock was acquired at an average cost of $9.03 per share, for a total transaction of $11,928.63. Following the purchase, the insider now owns 928,389 shares of the company’s stock, valued at $8,383,352.67. The trade was a 0.14 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

American Strategic Investment Trading Down 1.7 %

Shares of NYC opened at $8.84 on Thursday. The stock’s 50-day moving average price is $8.70 and its two-hundred day moving average price is $8.92. American Strategic Investment Co. has a 12 month low of $5.46 and a 12 month high of $10.91. The company has a market capitalization of $23.55 million, a PE ratio of -0.10 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.