Insider Buying: Mackenzie Realty Capital (NASDAQ:MKZR) Portfolio Manager Buys 15,146 Shares of Stock

Mackenzie Realty Capital, Inc. (NASDAQ:MKZR) Portfolio Manager Christine Elizabeth Simpson purchased 15,146 shares of Mackenzie Realty Capital stock in a transaction that occurred on Thursday, August 21st. The shares were purchased at an average price of $5.10 per share, for a total transaction of $77,244.60. Following the transaction, the portfolio manager directly owned 70,864 shares in the company, valued at $361,406.40. This represents a 27.18% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Christine Elizabeth Simpson also recently made the following trade(s):

• On Thursday, August 14th, Christine Elizabeth Simpson purchased 20,012 shares of Mackenzie Realty Capital stock. The shares were purchased at an average price of $4.84 per share, for a total transaction of $96,858.08.
• On Wednesday, August 13th, Christine Elizabeth Simpson purchased 2,000 shares of Mackenzie Realty Capital stock. The shares were purchased at an average price of $4.92 per share, for a total transaction of $9,840.00.
• On Tuesday, August 12th, Christine Elizabeth Simpson purchased 1,198 shares of Mackenzie Realty Capital stock. The shares were purchased at an average price of $4.91 per share, for a total transaction of $5,882.18.
• On Friday, August 8th, Christine Elizabeth Simpson purchased 2,000 shares of Mackenzie Realty Capital stock. The shares were purchased at an average price of $4.44 per share, for a total transaction of $8,880.00.
• On Thursday, August 7th, Christine Elizabeth Simpson bought 7,949 shares of Mackenzie Realty Capital stock. The stock was bought at an average price of $4.64 per share, for a total transaction of $36,883.36.
• On Wednesday, August 6th, Christine Elizabeth Simpson bought 22,559 shares of Mackenzie Realty Capital stock. The stock was bought at an average price of $4.31 per share, for a total transaction of $97,229.29.

Mackenzie Realty Capital Stock Performance

Shares of Mackenzie Realty Capital stock opened at $5.95 on Tuesday. Mackenzie Realty Capital, Inc. has a fifty-two week low of $3.89 and a fifty-two week high of $55.00. The company’s 50 day moving average price is $6.03 and its two-hundred day moving average price is $11.26.

Institutional Trading of Mackenzie Realty Capital

A number of hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its position in Mackenzie Realty Capital by 1.6% in the second quarter. Geode Capital Management LLC now owns 158,105 shares of the company’s stock valued at $104,000 after buying an additional 2,530 shares in the last quarter. Legacy Wealth Managment LLC ID boosted its position in Mackenzie Realty Capital by 7.1% in the second quarter. Legacy Wealth Managment LLC ID now owns 125,366 shares of the company’s stock valued at $84,000 after buying an additional 8,268 shares in the last quarter. Northern Trust Corp acquired a new stake in Mackenzie Realty Capital in the fourth quarter valued at approximately $40,000. Two Sigma Securities LLC acquired a new stake in Mackenzie Realty Capital in the fourth quarter valued at approximately $44,000. Finally, Pineridge Advisors LLC acquired a new stake in Mackenzie Realty Capital in the first quarter valued at approximately $29,000.

Mackenzie Realty Capital Company Profile

MacKenzie Realty Capital Inc is a REIT which focused on investing in multifamily housing and office real estate properties located principally in the United States. MacKenzie Realty Capital Inc is based in ORINDA, Calif.