American Strategic Investment Co. (NYSE:NYC) Major Shareholder Purchases $12,549.06 in Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch purchased 1,367 shares of the business’s stock in a transaction on Wednesday, January 15th. The shares were acquired at an average price of $9.18 per share, for a total transaction of $12,549.06. Following the completion of the acquisition, the insider now directly owns 936,453 shares in the company, valued at approximately $8,596,638.54. This represents a 0.15 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

American Strategic Investment Stock Up 0.9 %

American Strategic Investment stock opened at $8.88 on Monday. The company has a market capitalization of $23.62 million, a PE ratio of -0.10 and a beta of 0.12. American Strategic Investment Co. has a 12-month low of $5.46 and a 12-month high of $10.91. The firm’s fifty day moving average is $8.70 and its 200 day moving average is $8.89.

About American Strategic Investment

American Strategic Investment Co (NYSE: NYC) owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.