Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) Major Shareholder Acquires $34,980.00 in Stock

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental bought 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The stock was purchased at an average price of $17.49 per share, for a total transaction of $34,980.00. Following the completion of the transaction, the insider now directly owns 3,412,728 shares of the company’s stock, valued at $59,688,612.72. This represents a 0.06 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Realty Invest Transcontinental also recently made the following trade(s):

• On Monday, March 31st, Realty Invest Transcontinental acquired 1,700 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.48 per share, for a total transaction of $29,716.00.
• On Monday, March 24th, Realty Invest Transcontinental acquired 2,000 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.60 per share, for a total transaction of $35,200.00.
• On Friday, March 21st, Realty Invest Transcontinental acquired 480 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.48 per share, for a total transaction of $8,390.40.
• On Wednesday, March 12th, Realty Invest Transcontinental acquired 3,500 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.65 per share, for a total transaction of $61,775.00.
• On Monday, March 10th, Realty Invest Transcontinental acquired 1,500 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.62 per share, for a total transaction of $26,430.00.
• On Wednesday, January 29th, Realty Invest Transcontinental bought 21,678 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $18.00 per share, for a total transaction of $390,204.00.

Income Opportunity Realty Investors Stock Performance

IOR opened at $17.49 on Thursday. The stock has a market cap of $71.18 million, a price-to-earnings ratio of 11.98 and a beta of 0.15. The stock’s 50 day moving average price is $17.51 and its 200-day moving average price is $17.34. Income Opportunity Realty Investors, Inc. has a one year low of $15.69 and a one year high of $19.00.

About Income Opportunity Realty Investors

Income Opportunity Realty Investors, Inc, a Dallas-based real estate investment company, currently holds a portfolio of notes receivable. The Company invests in real estate through direct equity ownership and partnerships.