Insider Buying: Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Major Shareholder Acquires $17,740.00 in Stock

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental purchased 1,000 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were acquired at an average cost of $17.74 per share, for a total transaction of $17,740.00. Following the completion of the acquisition, the insider owned 3,454,735 shares of the company’s stock, valued at approximately $61,286,998.90. This trade represents a 0.03% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more 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, June 23rd, Realty Invest Transcontinental bought 1,300 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average price of $17.88 per share, with a total value of $23,244.00.
• On Monday, June 22nd, Realty Invest Transcontinental bought 1,500 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.75 per share, for a total transaction of $26,625.00.
• On Thursday, June 18th, Realty Invest Transcontinental purchased 352 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average cost of $17.85 per share, for a total transaction of $6,283.20.
• On Tuesday, June 16th, Realty Invest Transcontinental purchased 1,653 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average price of $17.76 per share, with a total value of $29,357.28.
• On Monday, June 15th, Realty Invest Transcontinental acquired 1,517 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.81 per share, with a total value of $27,017.77.
• On Friday, June 12th, Realty Invest Transcontinental bought 91 shares of Income Opportunity Realty Investors stock. The shares were bought at an average price of $17.50 per share, with a total value of $1,592.50.
• On Thursday, June 11th, Realty Invest Transcontinental bought 1,000 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.80 per share, with a total value of $17,800.00.
• On Monday, June 8th, Realty Invest Transcontinental purchased 2,000 shares of Income Opportunity Realty Investors stock. The stock was bought at an average price of $17.50 per share, for a total transaction of $35,000.00.
• On Friday, June 5th, Realty Invest Transcontinental acquired 2,474 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.83 per share, with a total value of $44,111.42.
• On Thursday, June 4th, Realty Invest Transcontinental acquired 157 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average price of $17.77 per share, with a total value of $2,789.89.

Income Opportunity Realty Investors Trading Down 0.2%

Shares of IOR stock opened at $18.40 on Thursday. The stock has a market capitalization of $74.89 million, a price-to-earnings ratio of 18.59 and a beta of -0.02. Income Opportunity Realty Investors, Inc. has a 12-month low of $16.61 and a 12-month high of $19.69. The stock’s 50-day moving average price is $18.00 and its 200-day moving average price is $18.20.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last released its quarterly earnings data on Thursday, May 7th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter. The firm 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.