American Strategic Investment Co. (NYSE:NYC) Major Shareholder Nicholas S. Schorsch Buys 1,488 Shares of Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch purchased 1,488 shares of American Strategic Investment stock in a transaction on Wednesday, February 12th. The shares were acquired at an average cost of $11.19 per share, for a total transaction of $16,650.72. Following the purchase, the insider now owns 965,119 shares in the company, valued at approximately $10,799,681.61. This trade represents a 0.15 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major 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 Trading Up 3.1 %

American Strategic Investment stock opened at $11.17 on Friday. The stock has a fifty day moving average price of $9.22 and a 200 day moving average price of $8.99. American Strategic Investment Co. has a 52 week low of $5.46 and a 52 week high of $11.30.

American Strategic Investment (NYSE:NYC) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($2.62) EPS for the quarter, meeting analysts’ consensus estimates of ($2.62). American Strategic Investment had a negative net margin of 334.85% and a negative return on equity of 17.68%. The company had revenue of $15.45 million during the quarter, compared to the consensus estimate of $15.71 million. During the same quarter in the prior year, the company posted ($0.48) EPS.

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.