MacKenzie Realty Capital, Inc. (NASDAQ:MKZR – Get Free Report) CEO Robert E. Dixon bought 10,000 shares of the business’s stock in a transaction on Tuesday, March 18th. The stock was acquired at an average cost of $1.85 per share, for a total transaction of $18,500.00. Following the completion of the transaction, the chief executive officer now owns 102,263 shares in the company, valued at $189,186.55. This represents a 10.84 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
MacKenzie Realty Capital Stock Down 6.4 %
Shares of MKZR traded down $0.12 during trading on Tuesday, reaching $1.76. The company’s stock had a trading volume of 44,929 shares, compared to its average volume of 143,532. The business’s fifty day moving average price is $2.18. MacKenzie Realty Capital, Inc. has a twelve month low of $1.05 and a twelve month high of $6.07.
Institutional Investors Weigh In On MacKenzie Realty Capital
Several institutional investors and hedge funds have recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC acquired a new stake in shares of MacKenzie Realty Capital during the 4th quarter valued at approximately $32,000. World Equity Group Inc. acquired a new stake in shares of MacKenzie Realty Capital during the 4th quarter valued at approximately $36,000. Northern Trust Corp acquired a new stake in shares of MacKenzie Realty Capital during the 4th quarter valued at approximately $40,000. Juncture Wealth Strategies LLC acquired a new stake in shares of MacKenzie Realty Capital during the 4th quarter valued at approximately $42,000. Finally, Two Sigma Securities LLC acquired a new stake in shares of MacKenzie Realty Capital during the 4th quarter valued at approximately $44,000.
About MacKenzie Realty Capital
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.
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