American Strategic Investment Co. (NYSE:NYC) Major Shareholder Nicholas S. Schorsch Purchases 1,321 Shares

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

American Strategic Investment Stock Performance

Shares of NYSE:NYC opened at $8.84 on Thursday. American Strategic Investment Co. has a 52-week low of $5.46 and a 52-week high of $10.91. The company has a fifty day moving average of $8.70 and a 200-day moving average of $8.92. The company has a market capitalization of $23.55 million, a PE ratio of -0.10 and a beta of 0.12.

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.