Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Major Shareholder Realty Invest Transcontinental Buys 3,000 Shares

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental acquired 3,000 shares of the stock in a transaction on Tuesday, May 5th. The shares were bought at an average cost of $17.94 per share, for a total transaction of $53,820.00. Following the purchase, the insider directly owned 3,443,529 shares of the company’s stock, valued at $61,776,910.26. The trade was a 0.09% increase in their position. The acquisition was disclosed in a document filed 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 transactions with the SEC.

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

• On Tuesday, May 26th, Realty Invest Transcontinental acquired 1,700 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.89 per share, for a total transaction of $30,413.00.
• On Thursday, May 21st, Realty Invest Transcontinental acquired 2,002 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.95 per share, for a total transaction of $35,935.90.
• On Wednesday, May 20th, Realty Invest Transcontinental acquired 351 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.77 per share, for a total transaction of $6,237.27.
• On Friday, May 8th, Realty Invest Transcontinental acquired 2 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.75 per share, for a total transaction of $35.50.
• On Thursday, May 7th, Realty Invest Transcontinental acquired 1,520 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.86 per share, for a total transaction of $27,147.20.
• On Monday, March 30th, Realty Invest Transcontinental acquired 2 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.75 per share, for a total transaction of $35.50.
• On Friday, March 27th, Realty Invest Transcontinental acquired 40 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.75 per share, for a total transaction of $710.00.

Income Opportunity Realty Investors Stock Performance

NYSEAMERICAN IOR opened at $18.00 on Friday. Income Opportunity Realty Investors, Inc. has a fifty-two week low of $16.85 and a fifty-two week high of $19.69. The stock’s fifty day moving average is $18.06 and its two-hundred day moving average is $18.27. The firm has a market capitalization of $73.26 million, a P/E ratio of 18.18 and a beta of -0.01.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last announced its quarterly earnings results on Thursday, May 7th. The financial services provider reported $0.25 EPS for the quarter. The business had revenue of $1.38 million during the quarter.

Income Opportunity Realty Investors Company Profile

Income Opportunity Realty Investors, Inc is a real estate investment trust organized in October 2001 that focuses on owning, acquiring and managing income-producing retail properties. The company’s portfolio primarily consists of grocery-anchored, multi-tenant retail shopping centers and strip retail centers designed to serve everyday consumer needs.

The REIT seeks out properties with solid cash flows and creditworthy anchor tenants, such as grocery and pharmacy operators, in small to mid-sized markets across the United States.