Insider Buying: American Strategic Investment Co. (NYSE:NYC) Major Shareholder Purchases $11,941.84 in Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch purchased 1,321 shares of the business’s stock in a transaction dated Friday, January 10th. The shares were acquired at an average price of $9.04 per share, for a total transaction of $11,941.84. Following the acquisition, the insider now owns 932,352 shares of the company’s stock, valued at $8,428,462.08. This trade represents a 0.14 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Large 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 3.7 %

Shares of NYC opened at $9.02 on Friday. The stock’s 50-day moving average price is $8.70 and its two-hundred day moving average price is $8.91. American Strategic Investment Co. has a 12 month low of $5.46 and a 12 month high of $10.91.

American Strategic Investment Company Profile

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