American Strategic Investment Co. (NYSE:NYC) Major Shareholder Purchases $16,368.00 in Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch bought 1,488 shares of the firm’s stock in a transaction dated Monday, February 10th. The shares were purchased at an average price of $11.00 per share, with a total value of $16,368.00. Following the acquisition, the insider now directly owns 962,143 shares in the company, valued at approximately $10,583,573. This trade represents a 0.15 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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 Up 6.2 %

Shares of NYC stock opened at $12.00 on Friday. American Strategic Investment Co. has a fifty-two week low of $5.46 and a fifty-two week high of $12.52. The firm’s 50 day moving average price is $9.29 and its two-hundred day moving average price is $9.02. The stock has a market cap of $31.97 million, a price-to-earnings ratio of -0.14 and a beta of 0.15.

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.