American Strategic Investment Co. (NYSE:NYC) Major Shareholder Purchases $10,030.24 in Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch bought 1,112 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were purchased at an average price of $9.02 per share, with a total value of $10,030.24. Following the purchase, the insider now owns 922,732 shares of the company’s stock, valued at approximately $8,323,042.64. This represents a 0.12 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

American Strategic Investment Price Performance

Shares of NYSE NYC opened at $8.49 on Thursday. American Strategic Investment Co. has a 1 year low of $5.46 and a 1 year high of $10.91. The company has a market capitalization of $22.62 million, a price-to-earnings ratio of -0.10 and a beta of 0.13. The business has a 50-day moving average of $8.70 and a two-hundred day moving average of $8.93.

About American Strategic Investment

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