American Strategic Investment Co. (NYSE:NYC – Get Free Report) major shareholder Nicholas S. Schorsch purchased 1,321 shares of the firm’s stock in a transaction on Wednesday, January 8th. The shares were acquired at an average cost of $8.87 per share, for a total transaction of $11,717.27. Following the completion of the acquisition, the insider now owns 931,031 shares of the company’s stock, valued at approximately $8,258,244.97. This trade represents a 0.14 % 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.
American Strategic Investment Stock Down 1.7 %
NYSE NYC opened at $8.84 on Thursday. The business has a 50-day moving average price of $8.70 and a 200-day moving average price of $8.92. The firm has a market cap of $23.55 million, a price-to-earnings ratio of -0.10 and a beta of 0.12. American Strategic Investment Co. has a twelve month low of $5.46 and a twelve month high of $10.91.
About American Strategic Investment
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