Income Opportunity Realty Investors (NYSEAMERICAN:IOR) Major Shareholder Realty Invest Transcontinental Purchases 1,520 Shares

Income Opportunity Realty Investors, Inc. (NYSEAMERICAN:IOR) major shareholder Realty Invest Transcontinental purchased 1,520 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were bought at an average cost of $17.86 per share, with a total value of $27,147.20. Following the purchase, the insider directly owned 3,445,049 shares of the company’s stock, valued at approximately $61,528,575.14. This represents a 0.04% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Tuesday, May 26th, Realty Invest Transcontinental purchased 1,700 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.89 per share, with a total value of $30,413.00.
• On Thursday, May 21st, Realty Invest Transcontinental purchased 2,002 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.95 per share, with a total value of $35,935.90.
• On Wednesday, May 20th, Realty Invest Transcontinental purchased 351 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.77 per share, with a total value of $6,237.27.
• On Friday, May 8th, Realty Invest Transcontinental purchased 2 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.75 per share, with a total value of $35.50.
• On Tuesday, May 5th, Realty Invest Transcontinental purchased 3,000 shares of Income Opportunity Realty Investors stock. The shares were bought at an average cost of $17.94 per share, with a total value of $53,820.00.
• On Monday, March 30th, Realty Invest Transcontinental acquired 2 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average cost of $17.75 per share, with a total value of $35.50.
• On Friday, March 27th, Realty Invest Transcontinental acquired 40 shares of Income Opportunity Realty Investors stock. The stock was acquired at an average cost of $17.75 per share, with a total value of $710.00.

Income Opportunity Realty Investors Price Performance

Shares of NYSEAMERICAN:IOR opened at $18.00 on Friday. The company has a market capitalization of $73.26 million, a price-to-earnings ratio of 18.18 and a beta of -0.01. Income Opportunity Realty Investors, Inc. has a 52 week low of $16.85 and a 52 week high of $19.69. The firm has a 50 day moving average of $18.06 and a 200 day moving average of $18.27.

Income Opportunity Realty Investors (NYSEAMERICAN:IOR) last issued its quarterly earnings data 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.