Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Major Shareholder Buys $29,357.28 in Stock

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental purchased 1,653 shares of the stock in a transaction dated Tuesday, June 16th. The stock was purchased at an average price of $17.76 per share, for a total transaction of $29,357.28. Following the completion of the acquisition, the insider directly owned 3,458,996 shares in the company, valued at approximately $61,431,768.96. This represents a 0.05% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Major 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 Tuesday, June 23rd, Realty Invest Transcontinental acquired 1,300 shares of Income Opportunity Realty Investors stock. The stock was purchased at an average cost of $17.88 per share, for a total transaction of $23,244.00.
• On Monday, June 22nd, Realty Invest Transcontinental acquired 1,500 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average price of $17.75 per share, with a total value of $26,625.00.
• On Thursday, June 18th, Realty Invest Transcontinental bought 352 shares of Income Opportunity Realty Investors stock. The shares were purchased at an average cost of $17.85 per share, with a total value of $6,283.20.
• On Monday, June 15th, Realty Invest Transcontinental bought 1,517 shares of Income Opportunity Realty Investors stock. The stock was purchased at an average price 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 stock was purchased at an average price of $17.50 per share, with a total value of $1,592.50.
• On Thursday, June 11th, Realty Invest Transcontinental purchased 1,000 shares of Income Opportunity Realty Investors stock. The stock was purchased at an average cost of $17.80 per share, for a total transaction of $17,800.00.
• On Tuesday, June 9th, Realty Invest Transcontinental purchased 1,000 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average cost of $17.74 per share, for a total transaction of $17,740.00.
• On Monday, June 8th, Realty Invest Transcontinental acquired 2,000 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average price of $17.50 per share, with a total value of $35,000.00.
• On Friday, June 5th, Realty Invest Transcontinental acquired 2,474 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average cost of $17.83 per share, with a total value of $44,111.42.
• On Thursday, June 4th, Realty Invest Transcontinental bought 157 shares of Income Opportunity Realty Investors stock. The shares were acquired at an average price of $17.77 per share, for a total transaction of $2,789.89.

Income Opportunity Realty Investors Price Performance

Shares of NYSEAMERICAN:IOR opened at $18.40 on Thursday. The business’s 50-day moving average is $18.00 and its 200 day moving average is $18.20. Income Opportunity Realty Investors, Inc. has a 1 year low of $16.61 and a 1 year high of $19.69. The firm has a market capitalization of $74.89 million, a P/E ratio of 18.59 and a beta of -0.02.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last released 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.

About Income Opportunity Realty Investors

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.