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

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch purchased 1,367 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The shares were purchased at an average cost of $9.18 per share, for a total transaction of $12,549.06. Following the purchase, the insider now directly owns 936,453 shares in the company, valued at $8,596,638.54. This trade represents a 0.15 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

American Strategic Investment Stock Up 0.9 %

Shares of American Strategic Investment stock traded up $0.08 during trading hours on Friday, hitting $8.88. 3,353 shares of the company’s stock traded hands, compared to its average volume of 5,214. American Strategic Investment Co. has a twelve month low of $5.46 and a twelve month high of $10.91. The stock has a 50 day simple moving average of $8.70 and a 200-day simple moving average of $8.91. The company has a market cap of $23.66 million, a PE ratio of -0.10 and a beta of 0.12.

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.