American Strategic Investment Co. (NYSE:NYC) Major Shareholder Nicholas S. Schorsch Acquires 1,488 Shares

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch acquired 1,488 shares of the firm’s stock in a transaction on Friday, February 14th. The stock was purchased at an average price of $12.07 per share, for a total transaction of $17,960.16. Following the acquisition, the insider now directly owns 968,095 shares in the company, valued at $11,684,906.65. This represents a 0.15 % 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 more than 10% of a company’s shares are required to disclose their transactions with the SEC.

American Strategic Investment Stock Performance

Shares of NYSE NYC traded up $0.06 during mid-day trading on Wednesday, reaching $11.61. The company’s stock had a trading volume of 6,586 shares, compared to its average volume of 5,965. The stock has a 50-day moving average of $9.50 and a two-hundred day moving average of $9.09. The stock has a market capitalization of $30.87 million, a P/E ratio of -0.14 and a beta of 0.15. American Strategic Investment Co. has a 1-year low of $5.46 and a 1-year high of $12.52.

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.